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 credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to "Law Offices of Harold P. Gewerter, Esq., Ltd., Client Trust Account f/b/o Personalxxx Xxxxxxxx Xxxxems, Inc.". Any check payable other than to the Escrow Agent as required hereby shall <PAGE> 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 (Personality Software Systems, Inc.), Escrow Agreement (Personality Software Systems, 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 credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to "Law Offices of Harold P. Gewerter, Esq., Ltd., Client Trust Account f/b/o Personalxxx Xxxxxxxx Xxxxems, Inc.Introbuzx". Any check payable Xxx xxxxx xxxable other than to the Escrow Agent as required hereby shall <PAGE> be returned to the <PAGE> 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 (Introbuzz), Escrow Agreement (Introbuzz)
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 credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to "Law Offices of Harold P. Gewerter, Esq., Ltd., Client Trust Account f/b/o Personalxxx Xxxxxxxx Xxxxems, Inc.Introbuzx". Any check payable Xxx xxxxx xxxable other than to the Escrow Agent as required hereby shall <PAGE> 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 (Introbuzz)
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 credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to "Law Offices of Harold P. GewerterJoseph L. Pittera, Esq., Ltd., Client Trust Account f/b/o Personalxxx Xxxxxxxx Xxxxems, CME Realty Inc.". Any check payable Xxx xxxxx xxyable other than to the Escrow Agent as required hereby shall <PAGE> 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 (CME Realty Inc.)