Common use of Creation of Escrow Funds Clause in Contracts

Creation of Escrow Funds. 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 follows: MobilePro Corp. ,/Cornell Capital Partners, LP Escrow Account for the deposit of the Escrow Funds. The Investor(s) will instruct subscribers to wire funds to the account of the Escrow Agent as follows: BANK: Wachovia, N.A. ROUTING #: 031201467 ACCOUNT #: 2020000659170 NAME ON ACCOUNT: Butler Gonzalez LLP/Wachovia, N.A. xx Escrow Agent NAME ON SUB-ACCOUNT: MobilePro Corp.,/Cornell Capital Partners, LP Escrow account REFERENCE SUB-ACCOUNT #: _____-01 ATTN: Robert Mercado (732) 452-3005 Carmela Agugliaro (732) 452-3005 XXXX: Only wire transfers shall be accepted

Appears in 1 contract

Samples: Escrow Agreement (Mobilepro Corp)

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Creation of Escrow Funds. 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 follows: MobilePro Corp. ,/Cornell Corp.,/Cornell Capital Partners, LP Escrow Account for the deposit of the Escrow Funds. The Investor(s) will instruct subscribers to wire funds to the account of the Escrow Agent as follows: BANK: Wachovia, N.A. ROUTING #: 031201467 ACCOUNT #: 2020000659170 NAME ON ACCOUNT: Butler Gonzalez LLP/Wachovia, N.A. xx Escrow Agent NAME ON SUB-ACCOUNT: MobilePro Corp.,/Cornell Capital Partners, LP Escrow account REFERENCE SUB-ACCOUNT #: _____-01 ATTN: Robert Mercado (732) 452-3005 Carmela Agugliaro (732) 452-3005 XXXX: Only wire transfers shall be accepted

Appears in 1 contract

Samples: Escrow Agreement (Mobilepro Corp)

Creation of Escrow Funds. 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 follows: MobilePro Corp. ,/Cornell Daleco Resources Corporation/Cornell Capital Partners, LP Escrow Account for the deposit of the Escrow Funds. The Investor(s) will instruct subscribers to wire funds to the account of the Escrow Agent as follows: BANK: Wachovia, N.A. of New Jersey ROUTING #: 031201467 ACCOUNT #: 2020000659170 NAME ON ACCOUNT: Butler Gonzalez LLP/Wachovia, N.A. xx Escrow Xxxxxx Agent NAME ON SUB-ACCOUNT: MobilePro Corp.,/Cornell Daleco Resources Corporation/Cornell Capital Partners, LP Escrow account REFERENCE SUB-ACCOUNT #: _____-01 -02 ATTN: Robert Mercado (732) 452-3005 Carmela Agugliaro (732) 452-3005 XXXX: Only wire transfers shall be accepted

Appears in 1 contract

Samples: Escrow Agreement (Daleco Resources Corp)

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Creation of Escrow Funds. 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 follows: MobilePro Corp. ,Coinless Systems Inc. /Cornell Capital Partners, LP Escrow Account for the deposit of the Escrow Funds. The Investor(s) will instruct subscribers to wire funds to the account of the Escrow Agent as follows: BANK: Wachovia, N.A. of New Jersey ROUTING #: 031201467 ACCOUNT #: 2020000659170 NAME ON ACCOUNT: Butler Gonzalez LLP/Wachovia, N.A. xx First Union as Escrow Agent NAME ON SUB-ACCOUNT: MobilePro Corp.Coinless Systems Inc.,/Cornell Capital Partners, LP Escrow account REFERENCE SUB-ACCOUNT #: _____-01 1874-02 ATTN: Robert Mercado (732) 452-3005 Carmela Agugliaro (732) 452-3005 XXXXNXXX: Only wire transfers shall be accepted

Appears in 1 contract

Samples: Escrow Agreement (Coinless Systems Inc)

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