Common use of Duty of the Escrow Agent Clause in Contracts

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- than as hereinafter specified, shall be to receive the Escrowed Shares and hold them subject to release, in accordance with this Agreement.

Appears in 3 contracts

Samples: Agreement (Spiderboy International Inc), Agreement (Spiderboy International Inc), Securities Purchase Agreement (Charys Holding Co Inc)

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Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- than as hereinafter specified, shall be to receive the Escrowed Funds and the Escrowed Shares and hold them subject to release, in accordance with this Agreement, the Merger Agreement, and the Other Agreements.

Appears in 2 contracts

Samples: Escrow Agreement (Med X Systems Inc), Escrow Agreement (Med X Systems Inc)

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- --------------------------- than as hereinafter specified, shall be to receive the Escrowed Shares and hold them subject to release, in accordance with this Agreement.

Appears in 2 contracts

Samples: Agreement (Spiderboy International Inc), Agreement (Spiderboy International Inc)

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- ------------------------ than as hereinafter specified, shall be to receive the Escrowed Shares and hold them subject to release, in accordance with this Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Entech Environmental Technologies Inc), Escrow Agreement (Entech Environmental Technologies Inc)

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- than as hereinafter specified, shall be to receive the Escrowed Shares proceeds of the Offering and hold them subject to release, in accordance with this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Peoples Avenger Fund Business Trust)

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- than as hereinafter specified, shall be to receive the Escrowed Shares and hold them subject to release, in accordance with this Agreement, the Stock Purchase Agreement, and the Other Agreements.

Appears in 1 contract

Samples: Agreement (Zann Corp)

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Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- than as hereinafter specified, shall be to receive the Escrowed Shares Funds and hold them subject to release, in accordance with this Agreement, the Stock Purchase Agreement, and the Other Agreements.

Appears in 1 contract

Samples: Escrow Agreement (Green Mountain Capital Inc.)

Duty of the Escrow Agent. The sole duty of the Escrow Agent, ------------------------- other ------------------------- than as hereinafter specified, shall be to receive the Escrowed Shares Purchase Price and hold them it subject to release, in accordance with this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cyber Public Relations Inc)

Duty of the Escrow Agent. The sole duty of the Escrow Agent, other ------------------------- ------------------------ than as hereinafter specified, shall be to receive the Escrowed Shares proceeds of the Offering and hold them subject to release, in accordance with this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Majestic Safe-T-Products LTD)

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