Common use of Deposit Procedure Clause in Contracts

Deposit Procedure. (a) The Escrow Agent shall establish an appropriate segregated account ("Escrow Account") designated as the "Mentor Capital Consultants, Inc. Escrow Account," or with such other appropriate designation as shall be assigned by the Escrow Agent and communicated to the Company. The Escrow Agent shall cause all Subscription Proceeds transmitted to it by the Company to be held in the Escrow Account. All checks received by the Escrow Agent are to be held uncashed until required to be submitted for collection pursuant to paragraph 2(b) of this Agreement.

Deposit Procedure. (a) The Escrow Agent shall establish an appropriate segregated account ("Escrow Account") designated as the "Mentor Capital ConsultantsIPO Investors Network, Inc. Escrow Account," or with such other appropriate designation as shall be assigned by the Escrow Agent and communicated to the Company. The Escrow Agent shall cause all Subscription Proceeds transmitted to it by the Company to be held in the Escrow Account. All checks received by the Escrow Agent are to be held uncashed until required to be submitted for collection pursuant to paragraph 2(b) of this Agreement.

Deposit Procedure. (a) The Escrow Agent shall establish an appropriate segregated account ("Escrow Account") designated as the "Mentor Capital ConsultantsInternational Monetary Systems, Inc. Ltd. Escrow Account," or with such other appropriate designation as shall be assigned by the Escrow Agent and communicated to the CompanyCompany and the Managing Placement Agent. The Escrow Agent shall cause all Subscription Proceeds transmitted to it by the Company Selected Placement Agents to be held in the Escrow Account. All checks received by the Escrow Agent are to be held uncashed until required to be submitted for collection pursuant to paragraph 2(b) of this Agreement.

Deposit Procedure. (a) The Escrow Agent shall establish maintain an appropriate segregated account ("Escrow Account") designated as the "Mentor Capital ConsultantsHarp & Eagle, Inc. Ltd. Escrow Account," or with such other appropriate designation as shall be assigned by the Escrow Agent and communicated to the Company. The Escrow Agent shall cause all Subscription Proceeds transmitted to it by the Company to be held in the Escrow Account. All checks received by the Escrow Agent are to be held uncashed until required to be submitted for collection pursuant to paragraph 2(b) of this Agreement.

Deposit Procedure. (a) The Escrow Agent shall establish an appropriate segregated account ("Escrow Account") designated as the "Mentor Capital ConsultantsHarp & Eagle, Inc. Ltd. Escrow Account," or with such other appropriate designation as shall be assigned by the Escrow Agent and communicated to the CompanyCompany and the Managing Placement Agent. The Escrow Agent shall cause all Subscription Proceeds transmitted to it by the Company Selected Placement Agents to be held in the Escrow Account. All checks received by the Escrow Agent are to be held uncashed until required to be submitted for collection pursuant to paragraph 2(b) of this Agreement.

Deposit Procedure. (a) The Escrow Agent shall establish an appropriate segregated account ("Escrow Account") designated as the "Mentor Capital Consultants" International Monetary Systems, Inc. Ltd. Escrow Account," or with such other appropriate designation as shall be assigned by the Escrow Agent and communicated to the CompanyCompany and the Managing Placement Agent. The Escrow Agent shall cause all Subscription Proceeds transmitted to it by the Company Selected Placement Agents to be held in the Escrow Account. All checks received by the Escrow Agent are to be held uncashed until required to be submitted for collection pursuant to paragraph 2(b) of this Agreement.