Common use of Delivery of the Escrowed Funds Clause in Contracts

Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 3 contracts

Samples: Indemnification Escrow Agreement, Indemnification Escrow Agreement (ReTo Eco-Solutions, Inc.), Indemnification Escrow Agreement (Newater Technology, Inc.)

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Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to Selling Shareholder by the Escrow AgentSignature Bank, as escrow agentagent for the Offering, into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 2 contracts

Samples: Escrow Agreement (Tantech Holdings LTD), Escrow Agreement (Tantech Holdings LTD)

Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, into a non-an interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 2 contracts

Samples: Indemnification Escrow Agreement (Mobile Global Esports, Inc.), Indemnification Escrow Agreement (MingZhu Logistics Holdings LTD)

Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, into a non-an interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Six Hundred Thousand Dollars ($500,000600,000).

Appears in 2 contracts

Samples: Indemnification Escrow Agreement (Datasea Inc.), Indemnification Escrow Agreement (Datasea Inc.)

Delivery of the Escrowed Funds. Upon the closing of the Offering, Offering the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, agent into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 2 contracts

Samples: Indemnification Escrow Agreement (Cornerstone Management, Inc.), Indemnification Escrow Agreement (TDH Holdings, Inc.)

Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer paid directly from the closing proceeds from the Offering in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 1 contract

Samples: Indemnification Escrow Agreement (HiTek Global Inc.)

Delivery of the Escrowed Funds. Upon the closing each Additional Closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, into a non-interest bearing an escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than exceed Five Hundred Thousand Dollars ($500,000).

Appears in 1 contract

Samples: Investor Relations Holdback Escrow Agreement (Kirin International Holding, Inc.)

Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, agent into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 1 contract

Samples: Indemnification Escrow Agreement (Newater Technology, Inc.)

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Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000600,000).

Appears in 1 contract

Samples: Indemnification Escrow Agreement (Golden Bull LTD)

Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, agent into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 1 contract

Samples: Indemnification Escrow Agreement (Moxian, Inc.)

Delivery of the Escrowed Funds. Upon the closing of the Offering, the Escrowed Funds shall be delivered on behalf of the Company to the as Escrow Agent, as escrow agentAgent for the Offering, into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Six Hundred Thousand Dollars ($500,000600,000).

Appears in 1 contract

Samples: Escrow Agreement (Yulong Eco-Materials LTD)

Delivery of the Escrowed Funds. Upon the closing of the Offering, and after the Minimum Amount of the Offering has been obtained, the Escrowed Funds shall be delivered on behalf of the Company to the Escrow Agent, as escrow agent, agent into a non-interest bearing escrow account maintained by the Escrow Agent (the “Escrow Account”) by wire transfer in accordance with the wire transfer instructions set forth on Schedule A hereto. In no event shall the aggregate amount of Escrowed Funds delivered to the Escrow Account be less than Five Hundred Thousand Dollars ($500,000).

Appears in 1 contract

Samples: Indemnification Escrow Agreement (China Customer Relations Centers, Inc.)

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