Escrow Accounts. Subject to the terms of the related Deferred Servicing Agreement, Seller shall be entitled to withdraw funds from any Escrow Account related to a Deferred Servicing Agreement only for the purposes permitted in the applicable Servicing Agreement.
Escrow Accounts. Upwork Escrow will use and release funds deposited in an Escrow Account only in accordance with this Agreement and the applicable Escrow Instructions. Depending on your needs and the applicable Escrow Instructions, Upwork Escrow will establish and maintain one of three different types of Escrow Accounts:
Escrow Accounts. In addition to the principal and interest account described in Section 3.04, the Company shall cause each Subservicer pursuant to the related Subservicing Agreement to establish and maintain one or more escrow accounts for the benefit of the Company and deposit and retain therein all collections from the Mortgagors for the payment of taxes, assessments, hazard insurance premiums, mortgage insurance policy premiums, if applicable, and comparable items for the account of the Mortgagors.
Escrow Accounts. Concurrent with the Effective Time, the Parent shall deduct from the Merger Consideration due to the Preferred Shareholders and deposit (i) $500,000 (such amount, the “General Indemnity Escrow Amount”), which amount corresponds to fifty percent (50%) of the amount of the retention under the Special Policy, in immediately available funds into an escrow account (which may be a separate sub-account) (the “General Indemnity Escrow Account”) (ii) the Tax Indemnity Escrow Amount in immediately available funds into an escrow account (which may be a separate sub-account) (the “Tax Indemnity Escrow Account”), (iii) the Litigation Indemnity Escrow Amount in immediately available funds into an escrow account (which may be a separate sub-account) (the “Litigation Indemnity Escrow Account”), (iv) the Appraisal Indemnity Escrow Amount in immediately available funds into an escrow account (which may be a separate sub-account) (the “Appraisal Indemnity Escrow Account,” and, together with the General Indemnity Escrow Account, the Tax Indemnity Escrow Account and the Litigation Indemnity Escrow Account, the “Indemnity Escrow Accounts”) and (iv) $1,500,000 (such amount, the “Adjustment Escrow Amount”) in immediately available funds into an escrow account (which may be a separate sub-account) (the “Adjustment Escrow Account,” and, together with the Indemnity Escrow Accounts, the “Escrow Accounts”), each such Escrow Account to be established and maintained by the Escrow Agent pursuant to the terms and conditions of an escrow agreement substantially in the form of Exhibit E attached hereto, with such changes as may be required by the Escrow Agent and reasonably acceptable to the Parent and the Representative, to be entered into on the Closing Date by the Parent, the Representative and the Escrow Agent (the “Escrow Agreement”). The Adjustment Escrow Amount shall serve as the sole security for, and the source of payment of, any amount payable to Parent or any other Parent Indemnified Party pursuant to Section 1.10(b). All fees and expenses of the Escrow Agent shall be paid by the Parent Notwithstanding anything contained in this Agreement to the contrary, the amount payable to each Preferred Shareholder pursuant to Section 1.02, as applicable, shall be reduced by an amount equal to the Escrow Amounts multiplied by the Pro Rata Percentage of such Preferred Shareholder.
Escrow Accounts. An account maintained in the United Kingdom established in connection with any of the following:
Escrow Accounts. If applicable, all Escrow Accounts have been maintained in accordance with Applicable Requirements. The Escrow Payments required by the Mortgages are on deposit in the appropriate Escrow Account.
Escrow Accounts. An account maintained in the Cayman Islands established in connection with any of the following:
Escrow Accounts. An account maintained in Estonia established in connection with any of the following:
Escrow Accounts. The parties acknowledge and agree that the funds held in any of the Escrow Accounts, or any other account or sub-account established pursuant to the terms of this Escrow Agreement, shall only be distributed in accordance with the terms of this Escrow Agreement, as supplemented by the Master Exchange Agreement. The Escrow Agent shall have no equitable interest in any amounts deposited in any of the Escrow Accounts referred to herein.
Escrow Accounts. An account maintained in Singapore established in connection with any of the following:
