Escrow Terms definition

Escrow Terms means the form of source code escrow agreement set out in the standard single licensee escrow agreement of the Escrow Agent, or such other escrow terms as the Authority, acting reasonably, shall specify from time to time;

Escrow Terms means the escrow agreement to be entered of even date herewith between Title Company, Buyer and Seller.

Escrow Terms the terms set out in Schedule 15;

Examples of Escrow Terms in a sentence

• By entering into this Escrow Arrangement, the Organization shall have all the rights as stipulated in the escrow agreement together with those rights which are more specifically outlined in Schedule “A”, Escrow Terms, which shall form part of this Support and Maintenance Agreement in accordance with the terms of Schedule “A”.

• The Sellers’ Representative and the Buyer shall give the Escrow Agent in accordance with the SPA Escrow Agreement any instructions required by the SPA Escrow Terms.

• Concurrently with the execution of this Agreement, Buyer shall deliver an earnest money deposit (the “Earnest Money”) payable to the Escrow Agent in an amount equal to at least ten percent (10%) of the Purchase Price, to be applied to the Purchase Price at Closing and otherwise held and disbursed in accordance with the Escrow Terms set forth in the attached Exhibit C which is incorporated as an integral part of this Agreement.

• If Buyer breaches this Agreement, then Seller, [sic] shall keep all deposit monies and interest earned thereon held by the Escrow Agent and Escrow Agent shall pay such sums over to Seller pursuant to the procedure provided in the Escrow Terms.

• Concurrently with Buyer’s execution of the Agreement, Buyer shall deliver an xxxxxxx money deposit (the “Xxxxxxx Money”) to the Escrow Agent in an amount equal to the greater of (i) $25,000 or (ii) ten percent (10%) of the Purchase Price, to be applied to the Purchase Price at Closing and otherwise held and disbursed in accordance with the Escrow Terms set forth in the attached Exhibit B which is incorporated as an integral part of the Agreement.

More Definitions of Escrow Terms

Escrow Terms has the meaning set forth in Section 9.7(a).

Escrow Terms the joint bank mandate between RSGC and DBP in relation to the Escrow Account;

Escrow Terms means the escrow agreement to be entered of even date herewith between the Escrow Agent, the Members and the Partnership.

Escrow Terms means such terms of engagement as are required by the Escrow Agent and agreed by the Parties under the terms of this Agreement with the costs of such appointment and annual fee being borne solely by the Buyer without forming part of Qualifying Expenditure and which terms will permit the withdrawal of monies from the Escrow Security by the service of an Escrow Release Direction signed by both the Buyer and the Council in all cases other than in cases where the Council has validly terminated this Agreement under clause 30.1 and serves an Escrow Release Direction signed only by the Council in accordance with clause 12.12.8;

Escrow Terms has the meaning given in Clause 6 .1.

Escrow Terms means the escrow terms attached hereto as Exhibit "J" and made a part hereof by this reference, as if fully set forth within the body of this Agreement.

Escrow Terms means the escrow agreement to be entered of even date herewith between the Escrow Agent, Laurel Oak and the Partnership.