Escrow Agent to Hold and Disburse Escrowed Funds. Promptly following the Closing, the Escrow Agent will provide written notice to the Company (for simultaneous distribution to the Investors) that the Escrow Agent has received the entire amount of Escrowed Funds in the Escrow Account. The Escrow Agent will hold and disburse the Escrowed Funds received by it pursuant to the terms of this Agreement, as follows:
Appears in 5 contracts
Samples: Holdback Escrow Agreement (China Valves Technology, Inc), Holdback Escrow Agreement (First Growth Investors Inc), Holdback Escrow Agreement (Golden Elephant Glass Technology, Inc.)
Escrow Agent to Hold and Disburse Escrowed Funds. Promptly following the Closing, the Escrow Agent will provide written notice to the Company (for simultaneous distribution to the InvestorsInvestor Agent) that the Escrow Agent has received the entire amount of Escrowed Funds in the Escrow Account. The Escrow Agent will hold and disburse the Escrowed Funds received by it pursuant to the terms of this Agreement, as follows:
Appears in 1 contract
Samples: Holdback Escrow Agreement (Fashion Tech International Inc)
