The Escrow Account. If the Loan will be disbursed from an Escrow Account, all interest on the Account will be paid to me. If Lender is a depository institution that offers Escrow Accounts, the Account must be with Lender.
The Escrow Account. (a) The parties agrees and represent that (i) the Escrow Account has been established in the name of the Company as recited above, (ii) the Escrow Account is an account as to which Financial Assets (as defined in the Code) are or may be credited and the Escrow Account is a Securities Account (as defined in the Code), and (iii) the Escrow Account has no Financial Assets which are registered in the name of the Company, payable to its order or specifically endorsed to it, which have not been endorsed to the Escrow Agent or in blank.
The Escrow Account. 1.1.2. all funds from time to time held in the Escrow Account, including, without limitation, the Escrow Proceeds and all certificates and instruments, if any, from time to time, representing or evidencing the Escrow Account or the Escrow Proceeds;
The Escrow Account. The Escrow Agent shall establish and maintain an escrow account titled as the Lidoderm Settlement Fund (the “Escrow Account”). Teikoku shall pay the Teikoku Settlement Amount, Xxxxxx shall pay the Xxxxxx Settlement Amount, and Endo shall pay the Endo Settlement Amount into the Escrow Account as provided in their respective Settlement Agreements. Escrow Agent shall receive the Settlement Amount into the Escrow Account; the Settlement Amount and all interest accrued thereon shall be referred to herein as the “Settlement Fund.” The Settlement Fund shall be held and invested on the terms and subject to the limitations set forth herein, and shall be released by Escrow Agent in accordance with the terms and conditions hereinafter set forth and set forth in the Settlement Agreements and in orders of the Court approving the disbursement of the Settlement Fund.
The Escrow Account. If the Loan will be disbursed from an Escrow Account, all interest earned on the Loan amount in escrow will be paid to me, once all costs of maintaining the account have been paid in full.
The Escrow Account. The Escrow Agent shall establish and maintain an escrow account titled as Automobile Antitrust Ford Canada Settlement Fund (the “Escrow Account”) using the taxpayer identification number identified on the IRS-issued Form SS4 attached as Exhibit B of this Escrow Agreement. Pursuant to the Xxxxxxxxxx Xxxxxxxxx, Xxxx Xxxxxx will cause the Settlement Amount to be deposited into the Escrow Account within twenty (20) Business Days of the entry of Preliminary Approval order as otherwise outlined in ¶ 14 of the Settlement Agreement. The Settlement Fund shall be held and invested on the terms and subject to the limitations set forth herein, and shall be released by the Escrow Agent in accordance with the terms and conditions herein and set forth in the Settlement Agreement and in any order of the Court that may be required pursuant to the Settlement Agreement.
The Escrow Account. The Escrow Agent shall establish and maintain an escrow account titled as Doryx Direct Purchaser Antitrust Litigation Settlement Fund (Account Number 1087193959) (the “Escrow Account”). Pursuant to Paragraph 6 of the Settlement Agreement, the Defendants shall cause the Settlement Payment to be deposited into the Escrow Account within thirty (30) days of the latter of the entry of the Preliminary Approval Order pursuant to Paragraph 3 of the Settlement Agreement or receipt of wire transfer instructions from Co-Lead Class Counsel. Escrow Agent shall receive the Settlement Payment from the Defendants and deposit such funds into the Escrow Account. The Settlement Payment and all interest accrued thereon shall be referred to herein as the “Settlement Fund.” T he Settlement Fund shall be held and invested on the terms and subject to the limitations set forth herein, and shall be released by Escrow Agent in accordance with the terms and conditions set forth in this Escrow Agreement, in the Settlement Agreement, and in orders of the Court approving the disbursement of the Settlement Fund.
The Escrow Account. 2.1 The Transaction Parties hereby designate and appoint the Escrow Agent to serve in accordance with the terms of this Deed, and the Escrow Agent agrees to act as such upon the terms of this Deed.
The Escrow Account. The Escrow Agent shall establish, maintain, and receive and disburse funds from one or more escrow accounts titled as the Class Settlement Interchange Escrow Account(s) at financial institutions (the “Custodian Banks”), into which the Default Interchange Payments shall be deposited subject to and in accordance with the terms of the Class Settlement Agreement. The Custodian Banks shall be the Huntington National Bank and U.S. Bank. The Escrow Agent shall provide the Parties with notice of the names and account numbers for those Class Settlement Interchange Escrow Account(s), and with monthly account statements or reports that describe all deposits, investments, disbursements, and other activities with respect to funds in those Class Settlement Interchange Escrow Account(s). The Class Settlement Interchange Escrow Account(s) shall be segregated accounts held and invested on the terms and subject to the limitations set forth herein, and funds or financial assets contained therein shall be invested and disbursed by the Escrow Agent in accordance with the terms and conditions hereinafter set forth and set forth in the Class Settlement Agreement and in orders of the Court approving the disbursement of the funds or financial assets contained therein.
The Escrow Account. Escrow Agent shall establish a collateral account, upon the availability of clear funds to be distributed pursuant to this Agreement, in Borrower’s name at Bank of America, National Association, which account shall be denominated “Bank of America Golf Host Resorts, Inc. by Chicago Title Insurance Company as Escrow Agent” for the benefit of Borrower and GTA (the “Escrow Account”). Borrower shall (i) pay on a regular and current basis any and all fees and expenses incurred in connection with the maintenance and the administration of the Escrow Account, and (ii) advise GTA on a regular and current basis of Borrower’s satisfaction of such obligations.
