Proceeds Escrow Agreement definition

Proceeds Escrow Agreement means the escrow agreement between Company and the Proceeds Escrow Agent naming Company as beneficiary thereunder, which agreement shall be acceptable in form and substance to Company.
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Proceeds Escrow Agreement has the meaning set forth in Section 6(b)(ii)(D) (Authorized Use) of Attachment B (Facility Owned by Seller) to this Agreement.
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Examples of Proceeds Escrow Agreement in a sentence

  • Seller shall not be a party to such Proceeds Escrow Agreement and shall have no rights to the Proceeds.

  • To that end, the Proceeds Escrow Agreement governing such escrow account shall give Company the sole authority to draw from the account.

  • The parties stipulate and agree that the escrow provisions in this Section 6(b) (Escrow Establishment) of Attachment B (Facility Owned by Seller) and the Source Code Escrow Agreement and Proceeds Escrow Agreement are "supplementary agreements" as contemplated in Section 365(n)(1)(B) of the Code.

  • The parties stipulate and agree that the escrow provisions in this Section 6(b) (Escrow Establishment) of Attachment B (Facility Owned by Seller), and the Source Code Escrow Agreement and Proceeds Escrow Agreement are “supplementary agreements” as contemplated in 11 U.S.C. § 365(n)(1)(B).

  • The parties stipulate and agree that the escrow provisions in this Section 6(b) (Escrow Establishment) of Attachment B (Facility Owned by Seller), and the Source Code Escrow Agreement and Proceeds Escrow Agreement are "supplementary agreements" as contemplated in Section 365(n)(1)(B) of the Code.

  • The parties stipulate and agree that the escrow provisions in this Attachment B (Facility Owned By Seller), Section 6(b) (Escrow Establishment) and the Source Code Escrow Agreement and Proceeds Escrow Agreement are "supplementary agreements" as contemplated in Section 365(n)(1)(B) of the Code.

  • In October and November 2016, $1.1 billion of the JPM Escrow Funds were transferred to an escrow account with Royal Trust Corporation of Canada pursuant to the Bankruptcy Court’s Order Approving Debtors’ Entry Into Additional Sale Proceeds Escrow Agreement entered October 21, 2016 (the “Currency Conversion Order”) [D.I. 17296].

  • The applicant should review all elements of the offer and related subscription withpersonal lawyer or financial advisor.Upon signature of all agreements, the applicant must transfer $950,000 dollars electronically to the escrow agent indicated in the Proceeds Escrow Agreement of theSignatures Binder.

  • To that end, the Proceeds Escrow Agreement governing the Proceeds Escrow shall give Company the sole authority to draw from the account.

  • The Administrative Agent shall have received a fully executed Withdrawal Certificate signed by an Authorized Officer of Borrower in accordance with the Loan Proceeds Escrow Agreement and the Borrower shall use commercially reasonable efforts to promptly confirm by telephone the Administrative Agent’s receipt of such Withdrawal Certificate.

Related to Proceeds Escrow Agreement

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

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

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company and the Escrow Agent pursuant to which the Purchasers, shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

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

  • Escrowed Proceeds shall include any interest earned on the amounts held in escrow.

  • 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.

  • Escrow Property has the meaning set forth in the Escrow Agreement.

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

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

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

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

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Loss Proceeds Account has the meaning set forth in Section 3.3(a).

  • Collateral Proceeds means the Liquidation Proceeds of the Relevant Collateral or any Undeliverable Assets forming part of the Relevant Collateral (as the case may be) denominated in the Settlement Currency.

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

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

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

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

  • 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.

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

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

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

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

  • Insurance Proceeds Account has the meaning given to such term in the Accounts Agreement.

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