Common use of Delivery of Escrowed Payment to Escrow Agent Clause in Contracts

Delivery of Escrowed Payment to Escrow Agent. Following the satisfaction of all closing conditions relating to the Documents (other than the funding of the Escrowed Payment), the Purchaser shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the Company, subject to the terms and conditions of this Agreement.

Appears in 12 contracts

Samples: Funds Escrow Agreement (Biovest International Inc), Funds Escrow Agreement (Cyber Digital Inc), Funds Escrow Agreement (Creative Vistas Inc)

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Delivery of Escrowed Payment to Escrow Agent. Following the satisfaction of all closing conditions relating to the Documents (other than the funding of the Escrowed Payment), the Purchaser Purchasers shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the Company, subject to the terms and conditions of this Agreement.

Appears in 6 contracts

Samples: Funds Escrow Agreement (Pervasip Corp), Funds Escrow Agreement (General Environmental Management, Inc), Funds Escrow Agreement (General Environmental Management, Inc)

Delivery of Escrowed Payment to Escrow Agent. Following the satisfaction of all closing conditions relating to the Documents (other than the funding of the Escrowed Payment), the Purchaser Lender shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the CompanyCompanies, subject to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Funds Escrow Agreement (Verso Technologies Inc), Funds Escrow Agreement (Verso Technologies Inc)

Delivery of Escrowed Payment to Escrow Agent. Following the satisfaction of all closing conditions relating to the Documents (other than the funding of the Escrowed Payment), the Purchaser Purchasers shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the CompanyCompanies, subject to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Funds Escrow Agreement (True North Energy CORP), Funds Escrow Agreement (True North Energy CORP)

Delivery of Escrowed Payment to Escrow Agent. Following the satisfaction of all closing conditions relating to the Documents (other than the funding of the Escrowed Payment), the Purchaser Lenders shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the CompanyCompanies, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Funds Escrow Agreement (Rapid Link Inc)

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Delivery of Escrowed Payment to Escrow Agent. Following the --------------------------------------------------- satisfaction of all closing conditions relating to the Documents (other than the - funding of the Escrowed Payment), the Purchaser Laurus shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the Company, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Funds Escrow Agreement (Trinity Learning Corp)

Delivery of Escrowed Payment to Escrow Agent. Following the -------------------------------------------------- satisfaction of all closing conditions relating to the Documents (other than the funding of the Escrowed Payment), the Purchaser shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the Company, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Funds Escrow Agreement (New Century Energy Corp.)

Delivery of Escrowed Payment to Escrow Agent. Following the satisfaction of all closing conditions relating to the Documents (other than the receipt of the Amphora Notice (as defined below) and the funding of the Escrowed Payment), the Purchaser shall deliver to the Escrow Agent the Escrowed Payment. At such time, the Escrow Agent shall hold the Escrowed Payment as agent for the Company, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Modtech Holdings Inc)

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