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 (Wentworth Energy, Inc.)
Collection Procedure. The Escrow Agent is hereby authorized to deposit forward each wire for collection and, upon collection of the proceeds of each wire deposit the collected proceeds in the Escrow Account. Any wires returned unpaid to the Escrow Agent shall be returned to the Investor. In such cases, the Escrow Agent will promptly notify the Company of such return.
Appears in 38 contracts
Samples: Escrow Agreement (Cyberlux Corp), Escrow Agreement (Smartire Systems Inc), Escrow Agreement (Coinless Systems 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 (Elite Flight Solutions Inc), Escrow Agreement (Bsi2000 Inc), Escrow Agreement (Bsi2000 Inc)
Collection Procedure. Escrow Agent is hereby authorized to deposit forward each wire for collection and, upon collection of the proceeds of each wire wire, deposit the collected proceeds in the Escrow Account. Any wires returned unpaid to Escrow Agent shall be returned to the Investor. In such cases, Escrow Agent will promptly notify the Company of such return.
Appears in 2 contracts
Samples: Escrow Agreement (Celerity Systems Inc), Escrow Agreement (Celerity Systems 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 (Internet Vip 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 (Intercard Inc)
Collection Procedure. The Escrow Agent is hereby authorized to deposit forward each wire for collection and, upon collection of the proceeds of each wire deposit the collected proceeds in the Escrow Account.
Appears in 1 contract
Collection Procedure. The Escrow Agent is hereby authorized to deposit the proceeds of each wire in the Escrow Account.
Appears in 1 contract
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 (Donobi Inc)
