Cash Escrow Account definition

Cash Escrow Account means the cash escrow account established by an escrow agreement of even date with the Indenture into which Delta Financial Corporation shall deposit funds to pay accrued interest on the Notes pursuant to Section 4.24 of the Indenture.

Cash Escrow Account has the meaning specified in Section 2.5.

Cash Escrow Account means the cash escrow account established by an escrow agreement of even date herewith into which the Company shall deposit funds to pay accrued interest on the Senior Notes in accordance with Section 4.24.

Examples of Cash Escrow Account in a sentence

• A lien has been marked on the said Cash Escrow Account in favour of the Manager to the Offer by the Escrow Bank.

• The Manager to the Offer has been solely authorised by the Acquirer to operate and realise the value of Cash Escrow Account in terms of the Regulation 17(5) of the Takeover Regulations.

• In case of any upward revision in the Offer Price or the Offer Size, the cash in the Cash Escrow Account shall be increased by the Acquirer in terms of Regulation 17(2) of the SEBI (SAST) Regulations, prior to effecting such revision.

• The Class Plaintiffs and the Defendants agree that each Class Settlement Cash Escrow Account and each Class Settlement Interchange Escrow Account is intended to be and shall be treated as a Qualified Settlement Fund within the meaning of Treasury Regulation § 1.468B-1 and any analogous local, state, and/or foreign statute, law, regulation, or rule.

• The Manager to the Offer has been solely authorised by the Acquirers to operate and realise the value of Cash Escrow Account in terms of the Regulation 17(5) of the Takeover Regulations.

More Definitions of Cash Escrow Account

Cash Escrow Account. ’ means the cash escrow account established with the State

Cash Escrow Account means the account in the name of the Cash Escrow WFOE with the Cash Escrow Bank, subject to the Cash Escrow Account Agreement and designated as such by the Agent and the Borrower.

Cash Escrow Account means the cash escrow account established by an escrow agreement of even date herewith into which we shall deposit funds to pay accrued interest on the Secured Notes.

Cash Escrow Account means the cash account which may be established in the name of the Trustees (or their nominees) for the purpose of receiving and holding any Distributions or Accruals;

Cash Escrow Account has the meaning assigned to such term in Section 4.01(h).

Cash Escrow Account means the cash escrow Deposit Account established and maintained by the Company with the Account Agent (for the purposes described in Section 8.15) and subject to the Cash Escrow Account Control Agreement.

Cash Escrow Account means an account with DNB Bank ASA in the name of the Issuer where the bank has waived any set-off rights, pledged and blocked on first priority to the Bond Trustee on behalf of the holders of Cash Bonds as security for the Issuer’s obligations under the Finance Documents.