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: "Nexicon, 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:

Appears in 2 contracts

Samples: Escrow Agreement (Nexicon), Escrow Agreement (Cyco Net Inc)

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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: "NexiconSolution Technology International, Inc./Cornell Capital Partners, LP Escrow Account" 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: Routing #: Account #: Name on Account: Name on Sub-Account:

Appears in 2 contracts

Samples: Escrow Agreement (Networth Technologies, Inc.), Escrow Agreement (Solution Technology International Inc)

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: "Nexicon, Inc./Cornell Whitemark Homes Inc/Cornell Capital Partners, LP Escrow Account" 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:

Appears in 1 contract

Samples: Escrow Agreement (Whitemark Homes Inc)

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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: "NexiconCelerity Systems, Inc./Cornell Capital Partners, LP Escrow Account" 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:

Appears in 1 contract

Samples: Escrow Agreement (Celerity Systems Inc)

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