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Common use of Collection Procedure Clause in Contracts

Collection Procedure. Escrow Agent is hereby authorized to deposit the proceeds of each wire in the Escrow Account.

Appears in 135 contracts

Samples: Securities Purchase Agreement (MobiVentures Inc.), Investment Agreement (Torrent Energy Corp), Escrow Agreement (IQ Micro Inc.)

Collection Procedure. Escrow Agent is hereby authorized to deposit --------------------- the proceeds of each wire in the Escrow Account.

Appears in 4 contracts

Samples: Escrow Agreement (Ns8 Corp), Escrow Agreement (Ns8 Corp), Escrow Agreement (Ns8 Corp)

Collection Procedure. Escrow Agent is hereby authorized to deposit the proceeds of each wire in the Escrow AccountAccount(s).

Appears in 2 contracts

Samples: Escrow Agreement (Decor Products International, Inc.), Escrow Agreement (Decor Products International, Inc.)

Collection Procedure. The Escrow Agent is hereby authorized to deposit the proceeds of each wire in the Escrow Account.

Appears in 1 contract

Samples: Escrow Agreement (Novo Energies Corp)

Collection Procedure. Escrow Agent is hereby authorized to deposit the -------------------- proceeds of each wire in the Escrow Account.

Appears in 1 contract

Samples: Escrow Agreement (Roanoke Technology Corp)