Escrow Interest means the interest actually earned on monies paid by each subscriber into the Escrow Account during the period that such monies are held in the Escrow Account prior to the Class B Closing (net of certain fees and expenses of the Escrow Agent).

Escrow Interest. An amount equal to the aggregate interest earned but not yet disbursed on funds maintained in the escrow account that is owed by the Seller to the Mortgagors as of the Sale Date.

Escrow Interest means the interest actually earned on monies paid by each subscriber into the

Examples of Escrow Interest in a sentence

Any duplicate Escrow Receipt issued pursuant to this Section 1.05 shall constitute conclusive evidence of the appropriate Escrow Interest in the Account Amounts, as if originally issued, whether or not the lost, stolen or destroyed Escrow Receipt shall be found at any time.
After payment to the holder hereof of its Escrow Interest in the Final Distribution, upon the request of the Pass Through Trustee, the holder hereof will return this Escrow Receipt to the Pass Through Trustee.
Any duplicate Escrow Receipt issued pursuant to this Section 1.5 shall constitute conclusive evidence of the appropriate Escrow Interest in the Account Amounts, as if originally issued, whether or not the lost, stolen or destroyed Escrow Receipt shall be found at any time.
Subscription payments which are rejected shall be promptly returned to the subscriber without Escrow Interest.
Any Escrow Interest shall be paid to the subscribers who become Class B Beneficiaries by the Escrow Agent within fifteen (15) days after the Class B Closing; provided, however, that no Escrow Interest shall be paid with respect to subscription payments received fewer than three days prior to such Closing.

More Definitions of Escrow Interest

Escrow Interest has the meaning given to it in Clause 3.2;

Escrow Interest has the meaning provided for in Section 23.8.

Escrow Interest is defined in Section 4.4

Escrow Interest means $5,097,089.25, representing the amount of interest to accrue on the Initial Purchase Price of Notes, calculated at a rate of 15.069% per annum (calculated on the 360-day year of twelve 30-day months) on the Initial Purchase Price of the Notes from the Issue Date to but not including the Special Mandatory Redemption Date, and for the avoidance of doubt shall not include any other interest accrued and earned on funds in the Escrow Account.

Escrow Interest has the meaning set forth in Section 2.6(c).

Escrow Interest means the interest income accrued and earned on the escrow account created pursuant to the Escrow Agreement through, but not including, the Special Mandatory Redemption Date.

Escrow Interest shall have the meaning given to it under the Property Leases.