Additional Escrow Amounts definition

Additional Escrow Amounts means the additional escrow amounts (other than the Indemnity Escrow) as set forth in Schedule 6.8.
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Additional Escrow Amounts means the amounts generated as interest and other earnings from the deposits in the Escrow Account and includes interest and other earnings generated from the deposits in the Additional Escrow Account;
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Additional Escrow Amounts means the amounts generated as interest and other earnings from the deposits in the Escrow Account and includes interest and other earnings generated from the deposits in the Additional Escrow Account.
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Examples of Additional Escrow Amounts in a sentence

  • Thereafter, the Additional Escrow Amounts or remaining balance thereof shall be released to the Borrower at the request of the Borrower.

  • The Additional Escrow Amounts shall be used exclusively for the purposes of the Project as specified in Part D of this Schedule.

  • The Additional Escrow Amounts or part thereof shall, until the expiry of the First GF Closing Date, be used only for: (a) provision of guarantees on a revolving basis under the Guarantee Facility; or (b) expenditures made (or, if the Administrator shall so agree, to be made) in respect of the reasonable cost of goods and services required for Parts A.2 and A.3 of the Project.

  • The Closing Escrow Amount, together with any Additional Escrow Amounts deposited from time to time with Escrow Agent, and any interest and income earned thereon are herein together referred to as “Escrow Funds”.

  • All Additional Escrow Amounts shall be deposited and kept separately in an additional interest bearing trust account in the form of an escrow with the Agent Bank on terms and conditions satisfactory to the Administrator.

  • The Committed GF Amounts and the Additional Escrow Amounts may, pending utilization as specified in paragraphs 2 and 4 hereof, be used for investments for which prior written approval has been obtained from the Administrator.

  • The Additional Escrow Amounts or any part thereof shall, until the expiry of the First GF Closing Date, be used only for: (a) the provision of guarantees to Guarantee Holders on a revolving basis under the Guarantee Facility; or (b) Payment on account of Losses; or (c) expenditures made (or, if the Association shall so agree, to be made) in respect of the reasonable cost of goods and services required for Parts A.2 and A.3 of the Project.

  • Notwithstanding the foregoing, the release of the Additional Escrow Amounts shall be governed by Section 6.1 and Section 6.8 and the terms of the Escrow Agreement.

  • The Purchasers shall pay the Estimated Purchase Price on the Closing Date as set forth on the Estimated Closing statement, which shall include a payment to or for at least all of the following prior to Sellers receiving any funds: (a) first, to the Escrow Agent, the Indemnification Escrow Amount plus the Additional Escrow Amounts and (b) second, as required to pay off all obligations under the CIT Loan Documents.


More Definitions of Additional Escrow Amounts

Additional Escrow Amounts means the additional escrow amounts (other than the Indemnity Escrow) as set forth in Schedule 6.8. “Adjustment Amount” has the meaning set forth in Section 2.6(c).
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Related to Additional Escrow Amounts

  • Indemnity Escrow Amount means $5,000,000.

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Adjustment Escrow Amount means $1,000,000.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Escrow Cash is defined in Section 4.1(a).

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Working Capital Escrow Amount means $500,000.

  • Indemnification Escrow Agreement means that certain Indemnification Escrow Agreement in the form attached hereto as Exhibit D, with such changes as may be agreed to among the Buyer, the Seller and the Escrow Agent.

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.