Creation of Escrow Account. (a) There is hereby created an escrow fund to be known as the “ Escrow Account” (the “Escrow Account”) to be held by the Escrow Agent for the purposes stated herein, for the benefit of Lessor and Lessee, to be held, disbursed and returned in accordance with the terms hereof.
Creation of Escrow Account. Pursuant to the provisions of the Noncompetition Agreement, on the Closing Date, the Acquiror will deposit with the Escrow Agent, and the Escrow Agent hereby agrees to accept in its capacity as such, the Escrow Amount, to be held in a separate account established by the Escrow Agent. As used herein, the “Escrow Fund” means the Escrow Amount, together with all net income or net gain or loss resulting from investment of such amount that has not previously been disbursed, as such amount may be decreased as provided herein.
Creation of Escrow Account. On or prior to the date of the commencement of the Offering, the parties shall establish an escrow account with the Escrow Agent, which escrow account shall be entitled as described below. The Buyer(s) will wire funds to the account of the Escrow Agent as follows: Bank: Bank of America Routing #: 026009583 Account #: 4350 1134 7136 SWIFT #: XXXXXX0X Name on Account: Xxxxx X. Xxxxxxx XX, P.A. as Escrow Agent Name on Sub-Account: Trafalgar – MobiVentures Escrow account
Creation of Escrow Account. On or prior to the date of the commencement of the Offering, the parties shall establish an escrow account with the Escrow Agent, which escrow account shall be entitled as described below. The Buyer(s) will wire funds to the account of the Escrow Agent as follows: Bank: Bank of America Routing #: 026009583 Account #: 4350 1127 4762 SWIFT #: XXXXXX0X Name on Account: Xxxxx X. Xxxxxxx XX, P.A. as Escrow Agent Name on Sub-Account: Trafalgar – National Automation Services Escrow account
Creation of Escrow Account. At the Effective Time Surety shall deposit the amount of $400,000 in cash in escrow with the Escrow Agent (the "Escrowed Principal Funds"). The Representative, on behalf of the Indemnifying Parties, hereby authorizes and directs Surety to withhold out of each Indemnifying Party's Exchange Price that amount set forth next to such Indemnifying Party's name on SCHEDULE A under the heading "Contribution to Escrowed Principal Funds" and to deposit such amount in escrow with the Escrow Agent. Escrow Agent hereby agrees to hold and disburse the Escrowed Funds (as herein defined) in accordance with the terms of this Agreement.
Creation of Escrow Account. (a) There is hereby created an escrow fund to be known as the “City of Anaheim Escrow Account Schedule 5” (the “Escrow Account”) to be held by the Escrow Agent for the purposes stated herein, for the benefit of Lessor and Lessee, to be held, disbursed and returned in accordance with the terms hereof.
Creation of Escrow Account. (a) There is hereby created an escrow fund to be known as the “Loudoun County Public Schools 2019 Escrow Account” (the “Escrow Account”) to be held by the Escrow Agent for the purposes stated herein, for the benefit of Lessor and Lessee, to be held, disbursed and returned in accordance with the terms hereof. Lessor, Lessee and Escrow Agent intend that the Escrow Account constitute an escrow account in which Lessee has no legal or equitable right, title or interest until satisfaction in full of all conditions contained herein for the disbursement of funds by the Escrow Agent therefrom.
Creation of Escrow Account. (a) There is hereby created an escrow fund to be known as the “City of Dunedin, Florida Sch 4 Escrow Account” (the “Escrow Account”) to be held by the Escrow Agent for the purposes stated herein, for the benefit of Lessor and Lessee, to be held, disbursed and returned in accordance with the terms hereof.
Creation of Escrow Account a. Pursuant to the provisions of the Purchase Agreement, on the date hereof, Indemnified Party is depositing with the Escrow Agent, and the Escrow Agent hereby agrees to accept in its capacity as such, the Escrow Amount. As used herein, “
Creation of Escrow Account. On or prior to the date of the commencement of the Offering, the parties shall establish an escrow account with the Escrow Agent, which escrow account shall be entitled as described below. The Buyer will wire funds to the account of the Escrow Agent as follows: Bank: Bank of America Routing #: 026009583 Account #: 435012691522 SWIFT #: XXXXXX0X Name on Account: Xxxxx X. Xxxxxxx XX, P.A. as Escrow Agent Name on Sub-Account: Trafalgar – Fox Petroleum account
