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  • noun

Words related to escrow

a written agreement (or property or money) delivered to a third party or put in trust by one party to a contract to be returned after fulfillment of some condition

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References in periodicals archive ?
In the case at issue in Ghatt's disciplinary proceeding, a construction company entered an escrow agreement with Strategic Capital to secure $5 million funding for a project and paid a $500,000 deposit to Ghatt's account, the opinion says.
Pursuant to an irrevocable escrow agreement, the State Treasurer, acting as escrow agent, holds a separate special irrevocable escrow fund, for the benefit of the refunded bondholders.
First Abu Dhabi Bank (FAB), the UAE's largest bank and one of the world's largest and safest financial institutions, has signed an escrow agreement with the Real Estate Regulatory Administration in Ras Al Khaimah (RERA-RAK).
First Abu Dhabi Bank (FAB), the UAE's largest bank has signed an escrow agreement with the Real Estate Regulatory Administration in Ras Al Khaimah (RERA-RAK), allowing the bank to open and manage escrow accounts for developers of off-plan property projects in the Emirate of Ras Al Khaimah.
MANAMA: Al Daih Real Estate Development has signed a Development Law Escrow Agreement with Khaleeji Commercial Bank (KHCB).
McCormick said his collection was in a five-month escrow agreement that ended up stretching for more than two years.
Genoa, Italy, August 06, 2016 --( Global learning company, eXact learning solutions, has signed an escrow agreement with NCC Group, a FTSE 250 listed global expert in cyber security and risk mitigation.
Nelson and Dill signed an escrow agreement in 2003 for Nelson to purchase the property from Dill.
Aldar Properties has signed its first escrow agreement with Abu Dhabi Commercial Bank, or ADCB the first registered escrow bank in Abu Dhabi.
The Second Circuit also relied on the fact that GM's counsel drafted an escrow agreement that included instructions about how the escrow agent would proceed with closing the transaction.
The court, on Sebi's insistence, has asked the group to show the Escrow agreement with respect to the junior loan of $ 650 million and once Sebi gives a no- objection certificate and the money is transferred in the Escrow account, the court will permit the loan from Bank of China and raising of the junior loan.
It is common for the Buyer to enter into an escrow agreement with the broker for the purposes of holding the down payment amount in escrow pending completion of the property transfer.
You may draw up an escrow agreement simply by stating that the property is indeed owned by you but the title deed is registered in the name of the third party for a temporary period.
Docketed as case No IC-OC-13-1751 and dated August 27, 2013, the complaint cited an earlier memorandum issued by Executive Secretary Paquito Ochoa dated December 21, 2012, which directed Transportation Secretary Joseph Emilio Abaya to "release the amount of P1bn from the escrow account under the Escrow Agreement among the LTO, Stradcom and Land Bank of the Philippines." Abaya then ordered Assistant Secretary Virginia Torres, chief of LTO, to "effect the payment of the following obligations of Stradcom," among them, the P317mn to the BIR.