Common use of Deposit and Receipt of Funds Clause in Contracts

Deposit and Receipt of Funds. TAO shall deposit all funds for purchase of the Shares in its Attorney Trust Account (the "Escrow Account"). Concurrently with the delivery of the deposits by each Investor, TAO shall give each Investor and FPC a receipt for the funds received by TAO.

Appears in 2 contracts

Samples: Escrow Agreement (Freewillpc Com Inc), Escrow Agreement (Freewillpc Com Inc)

AutoNDA by SimpleDocs

Deposit and Receipt of Funds. TAO shall deposit all funds for purchase of the Shares in its Attorney Trust Account (the "Escrow Account"). Concurrently with the delivery of the deposits by each Investor, TAO shall give each Investor and FPC OPI a receipt for the funds received by TAO.

Appears in 1 contract

Samples: Escrow Agreement (Online Processing Inc)

Deposit and Receipt of Funds. TAO shall deposit all funds for purchase of the Shares in its Attorney Trust Account (the "Escrow Account"). Concurrently with the delivery of the deposits by each Investor, TAO shall give each Investor and FPC MPI a receipt for the funds received by TAO.

Appears in 1 contract

Samples: Escrow Agreement (Menton Promotions Inc)

Deposit and Receipt of Funds. TAO shall deposit all funds for purchase of the Shares in its Attorney Trust Account (the "Escrow Account"). Concurrently with the delivery of the deposits by each Investor, TAO shall give each Investor and FPC JSI a receipt for the funds received by TAO.

Appears in 1 contract

Samples: Escrow Agreement (Java Solutions Inc)

Deposit and Receipt of Funds. TAO shall deposit all funds for purchase of the Shares in its Attorney Trust Account (the "Escrow Account"). Concurrently with the delivery of the deposits by each Investor, TAO shall give each Investor and FPC DMS a receipt for the funds received by TAO.

Appears in 1 contract

Samples: Escrow Agreement (Discount Mortgage Source Inc)

AutoNDA by SimpleDocs

Deposit and Receipt of Funds. TAO shall deposit all funds for purchase of the Shares in its Attorney Trust Account (the "Escrow Account"). Concurrently with the delivery of the deposits by each Investor, TAO shall give each Investor and FPC ASC a receipt for the funds received by TAO.

Appears in 1 contract

Samples: Escrow Agreement (Asset Servicing Corp)

Deposit and Receipt of Funds. TAO shall deposit all funds for purchase of the Shares in its Attorney Trust Account (the "Escrow Account"). Concurrently with the delivery of the deposits by each Investor, TAO shall give each Investor and FPC WOTN a receipt for the funds received by TAO.

Appears in 1 contract

Samples: Escrow Agreement (Whole Sale on the Net Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!