Closing Escrow Holdback. The Company and Investors agree pursuant to the Closing Escrow Agreement to establish a Closing Escrow, into which an amount equal to $4,250,000 out of the Investment Amount (“Total Holdback Amount”) shall be deposited into escrow and held back as follows, to be released to the Company if and when the following conditions are satisfied:
Appears in 1 contract
Samples: Securities Purchase Agreement (Energroup Holdings Corp)
Closing Escrow Holdback. The Company and Investors agree that, from the aggregate Investment Amounts to be delivered into escrow pursuant to the Closing Escrow Agreement to establish a Agreement, at the Closing Escrow, into which an amount equal to $4,250,000 out of the Investment Amount 450,000 (“Total Holdback Amount”) shall be deposited into escrow and held back as follows, administered in accordance with the Holdback Escrow Agreement in order to be released to incentivize the Company if and when to satisfy the following conditions are satisfiedconditions:
Appears in 1 contract
Samples: Securities Purchase Agreement (Fashion Tech International Inc)
Closing Escrow Holdback. The Company and Investors agree that, from the aggregate Investment Amounts to be delivered into escrow pursuant to the Closing Escrow Agreement to establish a Agreement, at the Closing Escrow, into which an amount equal to $4,250,000 out of the Investment Amount US$4,000,000 (“Total Holdback Amount”) shall be deposited into escrow and held back as follows, administered in accordance with the Holdback Escrow Agreement in order to be released to incentivize the Company if and when to satisfy the following conditions are satisfiedconditions:
Appears in 1 contract
Samples: Securities Purchase Agreement (Genesis Pharmaceuticals Enterprises, Inc.)
Closing Escrow Holdback. The Company and Investors agree that, from the aggregate Investment Amounts to be delivered into escrow pursuant to the Closing Escrow Agreement to establish a Agreement, at the Closing Escrow, into which an amount equal to $4,250,000 out of the Investment Amount 1,750,000 (“Total Holdback Amount”) shall be deposited into escrow and held back as follows, administered in accordance with the Holdback Escrow Agreement in order to be released to incentivize the Company if and when to satisfy the following conditions are satisfiedconditions:
Appears in 1 contract
Samples: Securities Purchase Agreement (First Growth Investors Inc)
Closing Escrow Holdback. The Company and Investors agree that, from the aggregate Investment Amounts to be delivered into escrow pursuant to the Closing Escrow Agreement to establish a Agreement, at the Closing Escrow, into which an amount equal to $4,250,000 out of the Investment Amount 3,150,000 (“Total Holdback Amount”) shall be deposited into escrow and held back as follows, administered in accordance with the Holdback Escrow Agreement in order to be released to incentivize the Company if and when to satisfy the following conditions are satisfiedconditions:
Appears in 1 contract
Samples: Securities Purchase Agreement (China Valves Technology, Inc)
Closing Escrow Holdback. The Company and Investors agree that, from the aggregate Investment Amounts to be delivered into escrow pursuant to the Closing Escrow Agreement to establish a Agreement, at the Closing Escrow, into which an amount equal to $4,250,000 out of the Investment Amount 500,000 (“Total Holdback Amount”) shall be deposited into escrow and held back as follows, administered in accordance with the Holdback Escrow Agreement in order to be released to incentivize the Company if and when to satisfy the following conditions are satisfiedconditions:
Appears in 1 contract
Samples: Securities Purchase Agreement (Golden Elephant Glass Technology, Inc.)
