Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering to deliver the Escrowed Funds to the Escrow Agent, addressed to following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Bank: Access National Bank, Xxxxxx, XX 00000 Account No.: 0000000 ABA No: .000000000 (a) All Subscribers’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount therefore, deposit the related Investment Amount of said Subscription in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A. 2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information. 2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaser.
Appears in 2 contracts
Samples: Escrow Agreement (Fushi International Inc), Escrow Agreement (Fushi International Inc)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Bank: Access National Bank, Xxxxxx, XX 00000 Account No.: 0000000 ABA No: .000000000000000000
(a) All Subscribers’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” " and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount Purchase Price therefore, deposit the related Investment Amount Purchase Price of said Subscription in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaser.
Appears in 2 contracts
Samples: Escrow Agreement (China Solar & Clean Energy Solutions, Inc.), Escrow Agreement (China Solar & Clean Energy Solutions, Inc.)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Investors to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Domestic Wires Virginia Commerce Bank Leesburg, VA ABA# 000000000 Account Name: Tri-State Title & Escrow, LLC Account #: 00000000 International Wires Correspondent Bank: Access National BankXxxxx Fargo Bank San Francisco, XxxxxxCA SWIFT# XXXXXX0X Credit Acct: 000-00-00000 Virginia Commerce Bank FBO Account Name: Escrow, XX 00000 LLC Account No.#: 0000000 ABA No: .00000000000000000
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of the subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount therefore, Escrowed Funds deposit the related Investment Amount of said Subscription such funds in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.escrow.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent Company together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Company shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationInformation.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentCompany. If the Escrow Agent does not receive the Subscription Information by such Subscriber relating to an Investor prior to the close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Company of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserInvestor.
Appears in 2 contracts
Samples: Escrow Agreement (China Security & Surveillance Technology, Inc.), Escrow Agreement (China Security & Surveillance Technology, Inc.)
Delivery of the Escrowed Funds. 2.1 a. The Placement Agent and/or the Company will direct subscribers in the Offering each Subscriber to deliver the Escrowed Funds to the Escrow Agent, addressed to following account of the Escrow AgentAgent as follows: Account Name: Tri-State Title & Escrow, LLC Bank: Access National BankCITI Private Bank Address: 000 Xxxxx Xxxxxx, XxxxxxXxx Xxxx, XX 00000 ABA No.: 000000000 SWIFT: CITI US 33 Account: Loeb & Loeb LLP Escrow Account Account No.: 0000000 ABA No00000000 Attn: .000000000Xxxxxxxx Xxxxxxxx, Esq. Reference: 210920-10001 (Vision Capital Advisors, LLC/Shengkai Financing)
(a) All Subscribers’ checks b. The Escrowed Funds shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered forwarded to the Escrow Agent at by wire transfer, together with the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription (the “Subscription”) in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount therefore, deposit the related Investment Amount of said Subscription in the Escrow Account for collection; or (b) all funds Escrowed Funds to be wired shall be wired to the account set forth in Section 2.1 2(a) above and written the Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. c. Simultaneously with each deposit, the Placement Agent each Subscriber shall provide the Escrow Agent with the Subscription Information to include Information, including the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Offering Securities subscribed for by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information.
2.4 d. In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentSubscriber. If the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close of business on the third fifth (5th) business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of VirginiaNew York) after notifying Placement Agent the Subscriber of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserSubscriber.
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Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or 3.1 At each of the Company Initial Closing and the Additional Closing, Xxxxxx will direct subscribers in the Offering deliver, and will request Enable to deliver deliver, the Escrowed Funds to the Escrow Agent’s account as follows: Bank Name: Cardinal Bank Bank Address: 0000 Xxxxxxxxxx Xx., addressed to following account of the Escrow Agent: XxXxxx, VA Account Name: Tri-State Title & Escrow, LLC BankABA Number: Access National Bank056 008 849 Account Number: 5060024931
3.2 Escrowed Funds shall be forwarded to the Escrow Agent by check or by wire transfer, Xxxxxxtogether with the written account of the applicable Purchase Price in the form attached hereto as Exhibit B (the “Purchase Price Information”), XX 00000 Account No.: 0000000 ABA No: .000000000in accordance with the following:
(a) All Subscribers’ checks Escrowed Funds to be deposited by check shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Purchase Price Information”) . The Escrow Agent shall, upon receipt of a Subscriptionthe Purchase Price Information, together with the related Investment Amount thereforeEscrowed Funds, deposit the related Investment Amount of said Subscription monies so received in the Escrow Account for collection; or Account.
(b) all funds Escrowed Funds to be wired shall be wired to the account set forth in Section 2.1 3.1 above and written Subscription the Purchase Price Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 3.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent sender together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Xxxxxx shall provide the Escrow Agent with the Subscription Information to include Purchase Price Information, including the name, address and taxpayer identification number of each Subscriber Purchaser and of the aggregate principal amount of Securities subscribed for by such Subscriberapplicable Purchase Price. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription the Purchase Price Information containing the requisite information.
2.4 3.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Purchase Price Information, the Escrow Agent shall notify the Placement AgentXxxxxx. If the Escrow Agent does not receive the Subscription Purchase Price Information by such Subscriber from Xxxxxx prior to close of business on the third fifth business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Xxxxxx of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersender.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers the Investors in the Offering to deliver the Escrowed Funds to the Escrow AgentAgent on or prior to the closing of the Offering, addressed to the following account of the Escrow Agent: Domestic: Virginia Commerce Bank Leesburg, VA ABA#000000000 Account Name: Tri-State Title & Escrow, LLC Account #: 00000000 International: Correspondent Bank: Access National Wxxxx Fargo Bank, XxxxxxSan Francisco, XX CA SWIFT#: WXXXXX0X Credit Account #: 400-00-00000 Virginia Commerce Bank FBO Account No.Name: 0000000 ABA NoEscrow, LLC Account: .00000000000000000
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROWEscrow, LLC” " and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a SubscriptionSubscription Information, together with the related purchase price being paid by such Investor therefore (the "Investment Amount thereforeAmount"), deposit the related Investment Amount of said such Subscription Information in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each depositdeposit of a check with the Escrow Agent, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber Investor and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription Information containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber Investor prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying the Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersuch Investor.
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Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers the Investors in the Offering to deliver the Escrowed Funds to the Escrow AgentAgent on or prior to the closing of the Offering, addressed to the following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Securities Transfer Corporation Bank: Access National Bank, Xxxxxx, XX 00000 Nexity Bank ABA No: 000000000 F/C Vision Bank -Texas Account No.: 0000000 ABA 2000001897 For the benefit of: Securities Transfer Corporation account M Account No.: .000000000201574
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLCSecurities Transfer Corporation” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a SubscriptionSubscription Information, together with the related purchase price being paid by such Investor therefore (the “Investment Amount thereforeAmount”), deposit the related Investment Amount of said such Subscription Information in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each depositdeposit of a check with the Escrow Agent, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber Investor and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription Information containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber Investor prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of VirginiaTexas) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersuch Investor.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 (a) The Placement Agent and/or the Company will direct subscribers in the Offering each Purchaser to deliver their respective share of the Escrowed Funds to the Escrow AgentAgent as follows: Bank Address: Wachovia Bank NA 800 Xxxx Xxxx Xxxxxx Xxxxxxxx, addressed to following account of the Xxx Xxxxxx 00000 ABA No.: 000000000 SWIFT: Account: Axxxxx & Jxxxxx LLP Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Bank: Access National Bank, Xxxxxx, XX 00000 Account No.: 0000000 ABA No2000013292968 Attn: .000000000Jxxxxx X Xxxxxxx, Esq. Reference: Vision-Lihua Financing
(ab) All Subscribers’ checks The Escrowed Funds shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered forwarded to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) The Escrow Agent shall, upon receipt of a Subscriptionwire transfer, together with the related Investment Amount therefore, deposit the related Investment Amount of said Subscription in the Escrow Account for collection; or (b) all funds executed Transaction Documents. The Escrowed Funds to be wired shall be wired to the account set forth in Section 2.1 2(a) above and written Subscription Information the executed Transaction Documents shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable A with respect to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Agent.
(c) Simultaneously with the deposit of each depositPurchaser’s share of the Escrowed Funds, the Placement Agent each Purchaser shall provide the Escrow Agent with the Subscription Information to include Transaction Documents, accompanied by a cover sheet setting forth the name, address and taxpayer identification number of each Subscriber such Purchaser, wire transfer instructions and of the aggregate principal amount of Offering Securities subscribed for purchased by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationPurchaser.
2.4 (d) In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Informationthe executed Transaction Documents, the Escrow Agent shall notify the Placement Agentsuch Purchaser. If the Escrow Agent does not receive the Subscription Information by Transaction Documents from such Subscriber Purchaser prior to the close of business on the third day which is the fifth (5th) business day (days a day other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of VirginiaNew York) after notifying Placement the day on which the Escrow Agent of receipt of said wirenotified the Purchaser that it has not received such Purchaser’s executed Transaction Documents, the Escrow Agent shall return return, within five (5) business days after such date, the funds wired by such Purchaser to the prospective purchaserPurchaser by wire transfer in immediately available funds.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Investors to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Virginia Commerce Bank Leesburg, VA ABA# 000000000 Account Name: Tri-State Title & Escrow, LLC FBO Purchasers of GPACII Offering Account #: 00000000 International Wires Correspondent Bank: Access National Xxxxx Fargo Bank, XxxxxxSan Francisco, XX CA SWIFT# XXXXXX0X Credit Acct: 000-00-00000 Virginia Commerce Bank FBO Account No.Name: 0000000 ABA NoEscrow, LLC Account #: .00000000000000000
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLCLLC FBO Purchasers of GPACII Offering” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of the subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, shall upon receipt of a Subscription, together with the related Investment Amount therefore, Escrowed Funds deposit the related Investment Amount of said Subscription such funds in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.escrow.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent Company together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Company shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationInformation.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentCompany. If the Escrow Agent does not receive the Subscription Information by such Subscriber relating to an Investor prior to the close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Company of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserInvestor.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers the Investors in the Offering to deliver the Escrowed Funds to the Escrow AgentAgent on or prior to the closing of the Offering, addressed to the following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Securities Transfer Corporation Bank: Access National Bank, Xxxxxx, XX 00000 Nexity Bank ABA No: 000000000 F/C Vision Bank -Texas Account No.: 0000000 ABA 2000001897 For the benefit of: Securities Transfer Corporation account M Account No.: .000000000201574
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” Securities Transfer Corporation" and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a SubscriptionSubscription Information, together with the related purchase price being paid by such Investor therefore (the "Investment Amount thereforeAmount"), deposit the related Investment Amount of said such Subscription Information in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each depositdeposit of a check with the Escrow Agent, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber Investor and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription Information containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber Investor prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersuch Investor.
Appears in 1 contract
Samples: Escrow Agreement (Golden Elephant Glass Technology, Inc.)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers the Investors in the Offering to deliver the Escrowed Funds to the Escrow AgentAgent on or prior to the closing of the Offering, addressed to the following account of the Escrow Agent: Domestic Wires Virginia Commerce Bank Leesburg, VA ABA# 000000000 Account Name: Tri-State Title & Escrow, LLC Account #: 00000000 Reference: Yayi International, Inc. International Wires Correspondent Bank: Access National BankXxxxx Fargo Bank San Francisco, XxxxxxCA SWIFT# XXXXXX0X Credit Acct: 000-00-00000 Virginia Commerce Bank FBO Account Name: Escrow, XX 00000 LLC Account No.#: 0000000 ABA No00000000 Reference: .000000000Yayi International Inc.
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROWEscrow, LLC” and ”, as agent for the Company, shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B and executed by each Investor (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a SubscriptionSubscription Information, together with the related purchase price being paid by such Investor therefore (the “Investment Amount thereforeAmount”), deposit the related Investment Amount of said such Subscription Information in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each depositdeposit of a check with the Escrow Agent, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber Investor and of the aggregate principal amount of Securities Units subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription Information containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber Investor prior to by close of business on the third business day Business Day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginiabusiness) after notifying the Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersuch Investor.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Investors to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Agent (the “Escrow Account”): Account Name: Tri-State Title & EscrowInterwest Transfer Co, LLC Inc Escrow Agent F/B/O Perpetual Technologies, Inc. Bank: Access National First Utah Bank, Xxxxxx, XX 0000 Xxxxx 0000 Xxxx Xxxx Xxxx Xxxx Xxxx 00000 Account No.: 0000000 00000000 ABA No: .000000000000000000 SWIFT No. : zfnbus55 Beneficiary Bank: Zions Bank 000 Xxxxx Xxxx Xxxxxx Xxxx Xxxx Xxxx Xxxx 00000 For Credit to First Utah Bank Account # 086236379 0000 Xxxxx 0000 Xxxx Xxxx Xxxx Xxxx Xxxx 00000 ABA No: 000000000 Account Name: For Further Credit to Interwest Transfer Co, Inc Escrow Agent F/B/O Perpetual Technologies, Inc. Account No.: 00000000
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROWInterwest Transfer Company, LLCInc.” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount therefore, Escrowed Funds deposit the related Investment Amount of said Subscription in such funds into the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.Account.
2.3 Any checks which are received by Escrow Agent Interwest Transfer Company that are made payable to a party other than the Escrow Agent Interwest Transfer Company shall be returned directly to the Placement Agent Company together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Company shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationInformation.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentCompany. If the Escrow Agent does not receive the Subscription Information by such Subscriber relating to an Investor prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of VirginiaUtah) after notifying Placement Agent Company of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserInvestor.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or 3.1 Upon the Company consummation of the transactions contemplated by the Stock Purchase Agreement, Xxxxxx will direct subscribers in the Offering to deliver the Escrowed Funds to the Escrow Agent’s account as follows: Bank Name: Cardinal Bank Bank Address: 0000 Xxxxxxxxxx Xx., addressed to following account of the Escrow Agent: XxXxxx, VA Account Name: Tri-State Title & Escrow, LLC BankABA Number: Access National Bank056 008 849 Account Number: 5060024931
3.2 Escrowed Funds shall be forwarded to the Escrow Agent by check or by wire transfer, Xxxxxxtogether with the written account of the Purchase Price in the form attached hereto as Exhibit B (the “Purchase Price Information”), XX 00000 Account No.: 0000000 ABA No: .000000000in accordance with the following:
(a) All Subscribers’ checks Escrowed Funds to be deposited by check shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Purchase Price Information”) . The Escrow Agent shall, upon receipt of a Subscriptionthe Purchase Price Information, together with the related Investment Amount thereforeEscrowed Funds, deposit the related Investment Amount of said Subscription monies so received in the Escrow Account for collection; or Account.
(b) all funds Escrowed Funds to be wired shall be wired to the account set forth in Section 2.1 3.1 above and written Subscription the Purchase Price Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 3.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent sender together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Xxxxxx shall provide the Escrow Agent with the Subscription Information to include Purchase Price Information, including the name, address and taxpayer identification number of each Subscriber Purchaser and of the aggregate principal amount of Securities subscribed for by such SubscriberPurchase Price. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription the Purchase Price Information containing the requisite information.
2.4 3.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Purchase Price Information, the Escrow Agent shall notify the Placement AgentXxxxxx. If the Escrow Agent does not receive the Subscription Purchase Price Information by such Subscriber from Xxxxxx prior to close of business on the third fifth business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Xxxxxx of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersender.
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Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or 3.1 Upon the Company consummation of the transactions contemplated by the Stock Purchase Agreement, Xxxxxx will direct subscribers in the Offering deliver and will request Enable to deliver the Escrowed Funds to the Escrow Agent’s account as follows: Bank Name: Cardinal Bank Bank Address: 0000 Xxxxxxxxxx Xx., addressed to following account of the Escrow Agent: XxXxxx, VA Account Name: Tri-State Title & Escrow, LLC BankABA Number: Access National Bank056 008 849 Account Number: 5060024931
3.2 Escrowed Funds shall be forwarded to the Escrow Agent by check or by wire transfer, Xxxxxxtogether with the written account of the Purchase Price in the form attached hereto as Exhibit B (the “Purchase Price Information”), XX 00000 Account No.: 0000000 ABA No: .000000000in accordance with the following:
(a) All Subscribers’ checks Escrowed Funds to be deposited by check shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Purchase Price Information”) . The Escrow Agent shall, upon receipt of a Subscriptionthe Purchase Price Information, together with the related Investment Amount thereforeEscrowed Funds, deposit the related Investment Amount of said Subscription monies so received in the Escrow Account for collection; or Account.
(b) all funds Escrowed Funds to be wired shall be wired to the account set forth in Section 2.1 3.1 above and written Subscription the Purchase Price Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 3.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent sender together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Xxxxxx shall provide the Escrow Agent with the Subscription Information to include Purchase Price Information, including the name, address and taxpayer identification number of each Subscriber Purchaser and of the aggregate principal amount of Securities subscribed for by such SubscriberPurchase Price. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription the Purchase Price Information containing the requisite information.
2.4 3.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Purchase Price Information, the Escrow Agent shall notify the Placement AgentXxxxxx. If the Escrow Agent does not receive the Subscription Purchase Price Information by such Subscriber from Xxxxxx prior to close of business on the third fifth business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Xxxxxx of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersender.
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Delivery of the Escrowed Funds. 2.1 2.1. The Placement Agent and/or the Company will direct subscribers in the Offering to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC (f/b/o Yongye Biotechnology International, Inc.) Escrow Account Bank: Access National BankXxxxxxxx Xxxx, XxxxxxXxXxxx, XX 00000 Account No.: 0000000 ABA No5060024931 ABA: .000000000000000000
(a) All Subscribers’ checks shall be made payable to “TRITri-STATE TITLE State Title & ESCROWEscrow, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount Purchase Price therefore, deposit the related Investment Amount Purchase Price of said Subscription in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 2.3. Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information.
2.4 2.4. In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaser.
Appears in 1 contract
Samples: Escrow Agreement (Yongye Biotechnology International, Inc.)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Subscribers to deliver the Escrowed Funds their subscription funds to the Escrow Agent, addressed to following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Bank: Access National Bank, Xxxxxx, XX 00000 Account No.: 0000000 ABA No: .000000000
(a) Agent by check or wire transfer. All Subscribers’ such checks shall be made payable to “TRI-STATE TITLE & ESCROWInterwest Transfer Company, LLCInc.” and shall be delivered to the Escrow Agent at the its address set forth on Exhibit A hereto and hereto. All such wires shall be accompanied by sent as follows: Account Name: Interwest Transfer Co, Inc Escrow Agent F/B/O China Agricorp, Inc. Bank: ___________________ Account No.: ___________________ ABA No: ___________________ International Wires SWIFT No.: ___________________ Beneficiary Bank: ___________________ Account Name: ___________________ Account No.: ___________________
2.2 In addition to the remittance of its subscription funds, each Subscriber shall deliver to the Escrow Agent a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount therefore, deposit the related Investment Amount of said Subscription in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.).
2.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent Company together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent shall provide Each check received by the Escrow Agent with from a Subscriber shall be deposited in the Escrow Account by noon of the business day next following receipt of such check; provided that such check shall not be deemed deposited in the Escrow Account until the Escrow Agent has received the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by from such Subscriber. The Escrow Agent will notify the Company and the Placement Agent if any subscription check received by it is not obligated, and may refuse, to accept checks that are not preceded or accompanied by a Subscription containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscriber’s Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such relating to an Subscriber prior to close of business on the third fifth business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of VirginiaUtah) after notifying Placement Agent of receipt of said wireCompany thereof, the Escrow Agent shall return the subscription funds to the prospective purchaserSubscriber.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received the Subscriber’s Subscription Information, the Escrow Agent shall notify the Company and the Placement Agent. A Subscriber’s wire transfer of subscription funds to the Escrow Agent shall not be deemed deposited in the Escrow Account until the Escrow Agent has received the Subscription Information from such Subscriber. If the Escrow Agent does not receive the Subscription Information relating to an Subscriber prior to close of business on the fifth business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Utah) after notifying Company thereof, the Escrow Agent shall return the subscription funds to the Subscriber.
2.5 The Escrow Agent shall deposit all subscription funds received by it into the Escrow Account. All subscription funds deposited in the Escrow Account which have cleared the banking system are referred to as the “Escrowed Funds.”
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Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering to deliver the Escrowed Funds to the Escrow Agent, addressed to following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Bank: Access National BankXxxxxxxx Xxxx, XxxxxxXxXxxx, XX 00000 Account No.: 0000000 5060024931 ABA No: .000000000000000000
(a) All Subscribers’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” LLC and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount Purchase Price therefore, deposit the related Investment Amount Purchase Price of said Subscription in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaser.
Appears in 1 contract
Samples: Escrow Agreement (Sino Gas International Holdings, Inc.)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Investors to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Virginia Commerce Bank Leesburg, VA ABA# 000000000 Account Name: Tri-State Title & Escrow, LLC Account #: 00000000 Correspondent Bank: Access National Xxxxx Fargo Bank, XxxxxxSan Francisco, XX CA SWIFT# XXXXXX0X Credit Acct: 000-00-00000 Virginia Commerce Bank FBO Account No.Name: 0000000 ABA NoEscrow, LLC Account #: .00000000000000000
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” LLC and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of the subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount therefore, Escrowed Funds deposit the related Investment Amount of said Subscription such funds in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.escrow.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent Company together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Company shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationInformation.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentCompany. If the Escrow Agent does not receive the Subscription Information by such Subscriber relating to an Investor prior to the close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Company of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserInvestor.
Appears in 1 contract
Samples: Closing Escrow Agreement (China New Energy Group CO)
Delivery of the Escrowed Funds. 2.1 a. The Placement Company hereby directs that the Escrow Agent and/or allocate the Investor Relations Held-Back Escrowed Portion separately from the Minimum Offering Amount at the Closing and hold the Investor Relations Held-Back Escrowed Portion in the escrow account as follows (the “Escrow Account”): 1 Bank: Citibank Address: 000 Xxxxx Xxxxxx, Xxx Xxxx, XX ABA No.: 000000000 SWIFT: XXXXXX00 Account: Sichenzia Xxxx Xxxxxxxx Xxxxxxx LLP Attorney Escrow Account for Weikang Bio-Technology Group Company, Inc. Account No.: 00000000 Reference: Weikang Bio-Technology Group Company, Inc. 3. Escrow Agent to Hold and Disburse the Investor Relations Held-Back Escrowed Portion. The Escrow Agent will hold and disburse the Investor Relations Held-Back Escrowed Portion received by it pursuant to the terms of this Agreement to the Company will direct subscribers after approval of the IR Firm by the Subscriber Representative, as follows: a. The Investor Relations Held-Back Escrowed Portion shall remain in the Offering Escrow Account and shall only be released by the Escrow Agent to deliver the Company upon the Escrow Agent’s receipt of written instructions in the form of Exhibit B hereto from the Company with invoices from the IR Firm evidencing the investor relations related expenses for payment. b. In the event this Agreement, the Escrowed Funds Funds, or the Escrow Agent becomes the subject of litigation, or if the Escrow Agent shall desire to do so for any other reason, the Company authorizes the Escrow Agent, addressed at its option, to following account deposit the Investor Relations Held-Back Escrowed Portion with the clerk of the Escrow Agent: Account Name: Tri-State Title & Escrowcourt in which the litigation is pending, LLC Bank: Access National Bankor a court of competent jurisdiction if no litigation is pending, Xxxxxx, XX 00000 Account No.: 0000000 ABA No: .000000000
(a) All Subscribers’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount therefore, deposit the related Investment Amount of said Subscription in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than thereupon the Escrow Agent shall be returned directly to the Placement Agent together fully relieved and discharged of any further responsibility with any documents delivered therewithregard thereto. Simultaneously with each deposit, the Placement Agent shall provide The Company further authorizes the Escrow Agent with the Subscription Information Agent, if it receives conflicting claims to include the name, address and taxpayer identification number of each Subscriber and any of the aggregate principal amount of Securities subscribed for by such Subscriber. The Escrow Agent Escrowed Funds, is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, threatened with litigation or if the Escrow Agent shall notify desire to do so for any other reason, to interplead all interested parties in any court of competent jurisdiction and to deposit the Placement Agent. If Investor Relations Held-Back Escrowed Portion with the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close clerk of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, that court and thereupon the Escrow Agent shall return the funds be fully relieved and discharged of any further responsibility hereunder to the prospective purchaserparties from which they were received. 4.
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Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers Investors in the Offering to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Bank: Access National Bank, Xxxxxx, XX 00000 Account No.: 0000000 ABA No: .000000000000000000
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” " and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a SubscriptionSubscription Information, together with the related purchase price being paid by such Investor (the "Investment Amount thereforeAmount"), deposit the related Investment Amount of said such Subscription Information in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each depositdeposit of a check with the Escrow Agent, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber Investor and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription Information containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber Investor prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersuch Investor.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers the Investors in the Offering to deliver the Escrowed Funds to the Escrow AgentAgent on or prior to the closing of the Offering, addressed to the following account of the Escrow Agent: Virginia Commerce Bank Leesburg, VA ABA# 000000000 Account Name: Tri-State Title & Escrow, LLC Account #: 00000000 Reference: Link Resources, Inc. International Wires Correspondent Bank: Access National BankXxxxx Fargo Bank San Francisco, XxxxxxCA SWIFT# XXXXXX0X Credit Acct: 000-00-00000 Virginia Commerce Bank FBO Account Name: Escrow, XX 00000 LLC Account No.#: 0000000 ABA No00000000 Reference: .000000000Link Resources, Inc.
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROWEscrow, LLC, as agent for Link Resources, Inc.” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B and executed by each Investor (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a SubscriptionSubscription Information, together with the related purchase price being paid by such Investor therefore (the “Investment Amount thereforeAmount”), deposit the related Investment Amount of said such Subscription Information in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent together with any documents delivered therewith. Simultaneously with each depositdeposit of a check with the Escrow Agent, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber Investor and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription Information containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber Investor prior to close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of VirginiaTexas) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersuch Investor.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent Agents and/or the Company will direct subscribers the Investors in the Offering to deliver the Escrowed Funds to the Escrow AgentAgent on or prior to the Closing of the Offering, addressed to the following account of the Escrow Agent: Domestic Wires Virginia Commerce Bank 000 X. Xxxxxx Xx. Xxxxxxxx, XX 00000 ABA#000000000 Account Name: Tri-State Title & Escrow, LLC Account #: 00000000 International Wires Correspondent Bank: Access National BankXxxxx Fargo Bank Address: 000 Xxxxxxxx Xxxx. 00xx Xxxxx Xxx Xxxxxxx, XxxxxxXx. 00000 SWIFT# WFBIUS6WFFX Credit Acct: 4121108146 Beneficiary: Virginia Commerce Bank FBO Account Name: Escrow, XX 00000 LLC Account No.#: 0000000 ABA No00000000 Reference: .000000000Chile Mining Technologies Inc.
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROWEscrow, LLC” and ”, as agent for the Company, shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B and executed by each Investor (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a SubscriptionSubscription Information, together with the related purchase price being paid by such Investor therefore (the “Investment Amount thereforeAmount”), deposit the related Investment Amount of said such Subscription Information in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent Agents together with any documents delivered therewith. Simultaneously with each depositdeposit of a check with the Escrow Agent, the Placement Agent Agents shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber Investor and of the aggregate principal amount of Securities Notes subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription Information containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentAgents. If the Escrow Agent does not receive the Subscription Information by such Subscriber Investor prior to by close of business on the third business day Business Day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginiabusiness) after notifying the Placement Agent Agents of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchasersuch Investor.
Appears in 1 contract
Samples: Closing Escrow Agreement (Chile Mining Technologies Inc.)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Purchasers to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Account Name: Tri-State Title & Escrow, LLC Bank: Access National Bank, Xxxxxx, XX 00000 Account No.: 0000000 ABA No: .000000000:
(a) All SubscribersPurchasers’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” LLC and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of the subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, upon receipt of a Subscription, together with Escrowed Funds deposit such funds in escrow and such funds shall constitute the related Investment Amount therefore, deposit the related Investment Amount of said Subscription in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.Escrowed Funds.
2.3 Any checks which are received by the Escrow Agent that are made payable to a party person other than the Escrow Agent shall be returned directly to the Placement Agent sender together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Company shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such SubscriberPurchaser. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationInformation.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentCompany. If the Escrow Agent does not receive the Subscription Information by such Subscriber relating to a Purchaser prior to the close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Company of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserPurchaser.
Appears in 1 contract
Samples: Closing Escrow Agreement (China New Energy Group CO)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Investors to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Virginia Commerce Bank Leesburg, VA ABA# 000000000 Account Name: Tri-State Title & Escrow, LLC FBO Purchasers of GPACI Offering Account #: 00000000 International Wires Correspondent Bank: Access National Wxxxx Fargo Bank, XxxxxxSan Francisco, XX CA SWIFT# WXXXXX0X Credit Acct: 400-00-00000 Virginia Commerce Bank FBO Account No.Name: 0000000 ABA NoEscrow, LLC Account #: .00000000000000000
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROW, LLCLLC FBO Purchasers of GPACI Offering” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of the subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, shall upon receipt of a Subscription, together with the related Investment Amount therefore, Escrowed Funds deposit the related Investment Amount of said Subscription such funds in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.escrow.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent Company together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Company shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationInformation.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentCompany. If the Escrow Agent does not receive the Subscription Information by such Subscriber relating to an Investor prior to the close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent Company of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserInvestor.
Appears in 1 contract
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers Subscribers in the Offering to deliver the Escrowed Funds to the Escrow Agent’s account as follows: Trust Account ABA #000000000 Xxxxxxxx Xxxx XxXxxx, addressed to following account of the Escrow Agent: VA 22102 Account # 5060024931 Account Name: Tri-State Title & Escrow, LLC Bank: Access National BankLLC
2.2 Escrowed Funds shall be forwarded to the Escrow Agent by check or by wire transfer, Xxxxxxtogether with the written account of subscription (the “Subscription”) in the form attached hereto as Exhibit B (the “Subscription Information”), XX 00000 Account No.: 0000000 ABA No: .000000000in accordance with the following:
(a) All Subscribers’ checks Escrowed Funds to be deposited by check shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) Subscription. The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount thereforePurchase Price therefore (as such term is defined in the Stock Purchase Agreement), deposit the related Investment Amount Purchase Price of said Subscription in the Escrow Account for collection; or .
(b) all funds Escrowed Funds to be wired shall be wired to the account set forth in Section 2.1 above and written the Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent sender together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include Information, including the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close of business on the third fifth business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserSubscriber.
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Samples: Series a Convertible Preferred Stock Purchase Agreement (Victory Divide Mining CO)
Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers in the Offering Investors to deliver the Escrowed Funds to the Escrow Agent, addressed to the following account of the Escrow Agent: Account NameName of Bank : Tri-State Title & Escrow, LLC BankUS Bank Bank Address : Access National Bank000 00xx Xxxxxx, Xxxxxx, XX Xxxxxxxx 00000 BSB : n/a Swift Code : XXXXXX00XXX ACN : 103676754304 Transmittal No. : 1020000021 Account No.: 0000000 ABA NoXxxxx X. Xxxxx Account : .000000000103676754304
(a) All SubscribersInvestors’ checks shall be made payable to “TRI-STATE TITLE & ESCROWXxxxx X. Xxxxx, LLCFBO Purchasers of Verbena Pharmaceutical Offering” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of the subscription in the form attached hereto as Exhibit B (the “Subscription Information”) ). The Escrow Agent shall, shall upon receipt of a Subscription, together with the related Investment Amount therefore, Escrowed Funds deposit the related Investment Amount of said Subscription such funds in the Escrow Account for collection; or (b) all funds to be wired shall be wired to the account set forth in Section 2.1 above and written Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.escrow.
2.3 Any checks which are received by Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent Company together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent Company shall provide the Escrow Agent with the Subscription Information to include the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such SubscriberInvestor. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite informationInformation.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement AgentCompany. If the Escrow Agent does not receive the Subscription Information by such Subscriber relating to an Investor prior to the close of business on the third business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of VirginiaColorado) after notifying Placement Agent Company of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserInvestor.
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Delivery of the Escrowed Funds. 2.1 The Placement Agent and/or the Company will direct subscribers Subscribers in the Offering to deliver the Escrowed Funds to the Escrow Agent, addressed to following ’s account of the Escrow Agentas follows: Account Name: Tri-State Title & Escrow, LLC Bank: Access National Bank, Xxxxxx, XX 00000 Account No.: 0000000 ABA No: .000000000
2.2 Escrowed Funds shall be forwarded to the Escrow Agent by check or by wire transfer, together with the written account of subscription (the “Subscription”) in the form attached hereto as Exhibit B (the “Subscription Information”), in accordance with the following:
(a) All Subscribers’ checks Escrowed Funds to be deposited by check shall be made payable to “TRI-STATE TITLE & ESCROW, LLC” and shall be delivered to the Escrow Agent at the address set forth on Exhibit A hereto and shall be accompanied by a written account of subscription in the form attached hereto as Exhibit B (the “Subscription Information”) Subscription. The Escrow Agent shall, upon receipt of a Subscription, together with the related Investment Amount thereforePurchase Price therefore (as such term is defined in the Stock Purchase Agreement), deposit the related Investment Amount Purchase Price of said Subscription in the Escrow Account for collection; or .
(b) all funds Escrowed Funds to be wired shall be wired to the account set forth in Section 2.1 above and written the Subscription Information shall be faxed or emailed to the Escrow Agent in accordance with the information provided on Exhibit A.
2.3 Any checks which are received by the Escrow Agent that are made payable to a party other than the Escrow Agent shall be returned directly to the Placement Agent sender together with any documents delivered therewith. Simultaneously with each deposit, the Placement Agent shall provide the Escrow Agent with the Subscription Information to include Information, including the name, address and taxpayer identification number of each Subscriber and of the aggregate principal amount of Securities subscribed for by such Subscriber. The Escrow Agent is not obligated, and may refuse, to accept checks that are not accompanied by a Subscription containing the requisite information.
2.4 In the event a wire transfer is received by the Escrow Agent and the Escrow Agent has not received Subscription Information, the Escrow Agent shall notify the Placement Agent. If the Escrow Agent does not receive the Subscription Information by such Subscriber prior to close of business on the third fifth business day (days other than a Saturday or Sunday or other day on which the Escrow Agent is not open for business in the State of Virginia) after notifying Placement Agent of receipt of said wire, the Escrow Agent shall return the funds to the prospective purchaserSubscriber.
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