Examples of Escrow Release Conditions in a sentence
In addition, until such time as the conditions for release of moneys from the Escrowed Project Costs Fund to the Project Fund set forth under the definition of Escrow Release Conditions – 100% Release have been satisfied in full, any Individual Accredited Investor purchasing any Series 2012 STAR Bond must deliver, or cause to be delivered, to the Trustee a duly executed investor's letter substantially in the form set forth in Exhibit F to this Indenture.
In addition, the Issuer has agreed, pursuant to the Issuer Continuing Disclosure Agreement, to cause notice to be given as provided therein at such time as the Escrow Release Conditions – 100% Release have been satisfied and that investor letters are no longer required from any Individual Accredited Investor purchasing a Series 2012 STAR Bond.
After the Escrow Release Conditions - 100% Release have been satisfied in full, no investor letter shall be required from any Individual Accredited Investor purchasing a Series 2012 STAR Bond.
The Issuer will advise the Trustee and the Original Purchaser when the Escrow Release Conditions – 100% Release have been satisfied.