Common use of Deposits to the Bank Account Clause in Contracts

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office of Xxxxxxxx X. Xxxx P.A. Trust Account IOTA”. Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 3 contracts

Samples: Escrow Agreement (TechApp Solutions, Inc.), Escrow Agreement (Superior Venture Corp), Escrow Agreement (Swingplane Ventures, Inc.)

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Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Xxxxxx X. Xxxx P.A. Trust Account IOTA”. Xxxxxxx, f/b/o 7Venture Group, Inc.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Blackhawk USA, Inc.), Escrow Agreement (7 Venture Group, Inc.)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Xxxxxx X. Xxxx P.A. Trust Account IOTA”. Xxxxxxx, Escrow Agent f/b/o JB Clothing Corporation” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (JB Clothing Corp)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Xxxxxx X. Xxxxxxx, f/b/x Xxxx P.A. Trust Account IOTA”. Sales, Inc.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Wise Sales, Inc.)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Xxxxxx X. Xxxx P.A. Trust Account IOTA”. Xxxxxxx, Escrow Agent f/b/o Cab-Tive Advertising, Inc.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Cab-Tive Advertising, Inc.)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office of Xxxxxxxx X. Xxxx P.A. Trust Ray & Associates, PLLC, Iolta Account IOTA(f/b/o Escue Energy, Inc.)”. Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Escue Energy Inc)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, checks or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office of Xxxxxxxx X. Xxxx P.A. Trust Account IOTA”. Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (TechApp Solutions, Inc.)

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Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Xxxxxx X. Xxxx P.A. Trust Account IOTA”. Xxxxxxx, f/b/x Xxxxx Publications, Inc.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Lucas Publications, Inc.)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Jxxxxx X. Xxxx P.A. Trust Account IOTA”. Xxxxxxx, Escrow Agent f/b/o eJobResource, Inc.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (eJobResource, Inc.)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s 's receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Xxxxxx X. Xxxx P.A. Trust Account IOTA”. Xxxxxxx, Escrow Agent f/b/o Exclusive Apparel, Inc.” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Exclusive Apparel, Inc.)

Deposits to the Bank Account. 3.1 The Issuer shall promptly deliver to the Escrow Agent all monies which it receives from prospective purchasers of the Securities, which monies shall be in the form of checks, cash, or wire transfers. Upon the Escrow Agent’s receipt of such monies, they shall be deposited in and credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to “Law Office Offices of Xxxxxxxx Xxxxxx X. Xxxx P.A. Trust Account IOTA”. Xxxxxxx, Escrow Agent f/b/o Spartan Business Services Corporation” Any check payable other than to the Escrow Agent as required hereby shall be returned to the Issuer, by noon of the next business day following receipt of such check by the Escrow Agent, and such check shall be deemed not to have been delivered to the Escrow Agent pursuant to the terms of this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Spartan Business Services Corp)

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