Escrow Delivery. Upon closing of the transaction for the sale of the Shares as set forth in the Stock Purchase Agreement, Purchaser shall deliver the Cash Consideration to the Escrow Agent.
Escrow Delivery. On or before May 31, 2005 Purchaser shall forward by wire transfer to Escrow the Final Purchase Price. On or before May 31, 2005, Concentrax shall forward or cause to be forwarded by overnight mail to Escrow the Final Common Stock and the executed Warrant.
Escrow Delivery. Within three business days from the date of execution of this Escrow Agreement, the COMPANY shall deliver or cause to be delivered the five (5) executed Debenture(s) and the certificates representing the Escrow Shares to the ESCROW AGENT.
3.1. The Debenture(s). ESCROW AGENT SHALL hold, complete and release the five (5) executed Debenture(s) as follows:
(a) To PURCHASER(S) or COMPANY, as the case may be, pursuant to, and upon receipt by ESCROW AGENT of, joint written instructions executed by a PURCHASER(S) and the COMPANY; or
3.1 (b). To PURCHASER(S). As soon as reasonably practical after the receipt of immediately available funds for the purchase of a Debenture(s) with written instructions setting forth the name and address of PURCHASER(S) the ESCROW AGENT shall complete a blank Debenture with the name and address of the PURCHASER, principal amount and date of issuance. The date of issuance shall be the date the ESCROW AGENT receives immediately available funds. The ESCROW AGENT shall deliver the completed Debenture(s) to the PURCHASER(S) and the escrowed funds by wire transfer to the COMPANY, together with a copy of the completed Debenture(s); or
3.1 (c). To the COMPANY upon the earlier of (i) the date upon which Debenture(s) for the entire two hundred fifty thousand dollars ($250,000) have been issued, or (ii) September 30, 1999.
Escrow Delivery. On or before Closing Date as set forth in the Agreement, Seller shall deliver or cause to be delivered to Escrow Agent the Debenture and a letter of authorization substantially similar to Exhibit A attached hereto (the "Letter of Authorization") sufficient to authorize Escrow Agent to instruct Savant of a change in ownership of the Debenture and the Savant Interest. A copy of the Letter of Authorization shall simultaneously be provided to Savant. On or after the Closing Date, the Purchasers shall deliver or cause to be delivered to the Escrow Agent, in one or more traunches, the Purchase Price.
Escrow Delivery. Within five (5) days of the date of this Escrow Agreement, Lakota shall deliver or cause to be delivered the First Certificate and the Second Certificate, each issued in the name of Jacob International, Inc. and otherwise in form and substance satisfactory to Rapid.
Escrow Delivery. Within five (5) days of the date of the Xxxxxxxx Settlement and the Xxxxxx Settlement, (i) Lakota shall deliver the Xxxxxxxx Funds, Xxxxxxxx Shares, Xxxxxx Funds and the Xxxxxx Shares, (ii) Xxxxxx shall deliver the Xxxxxx Shares, and (iii) Xxxxxx shall deliver the Xxxxxx Shares, to the Escrow Agent to be held by the Escrow Agent and released in accordance with the terms of this Escrow Agreement.
Escrow Delivery. Notwithstanding the provisions of Sections 5.1, 5.2 and 5.3 above, the parties will deliver all of the documents set forth in such Sections on the Closing Date to the Escrow Agent under the Escrow Agreement (except for the Escrow Agreement). Such deliveries shall include the payment to the Escrow Agent under the Escrow Agreement of the Purchase Price.
Escrow Delivery. On January 1, 2000, the Buyer (or the Sub if designated by the Buyer) shall deliver to the escrow agent (the "Escrow Agent") named in the Escrow Agreement (i) $940,000 (the "Escrow Amount") to be paid in cash to a bank account designated by the Escrow Agent upon three days prior written notice to the Buyer (or the Sub if designated by the Buyer), and (ii) that number of shares of Buyer Common Stock calculated by dividing $1.0 million by the Share Value to be released to the Seller or the Seller Shareholders, as the case may be, pursuant to Section 1.5 in connection with the Year 1 Calculated Deferred Payment Amount.
Escrow Delivery. On or before Closing Date as set forth in the Agreement, ACC shall deliver or cause to be delivered a certificate or certificates representing the ACC Shares, together with a Stock Power sufficient to transfer all right, title and interest in the ACC Shares to the Shareholders, in form and substance satisfactory to the Shareholders, as shall be effective to vest in the Shareholders all right, title and interest in and to all of the ACC Shares, to the Escrow Agent.
Escrow Delivery. Guarantors shall deliver the Collateral along with executed stock powers, to the law firm of Xxxx & Xxxxx, LLP ("B & C") within five (5) days of the date of this Agreement. B & C shall maintain possession and custody of the Collateral until either repayment of the Note and all of Borrower's obligations to Lender or an event of default under such agreements. All parties agree to indemnify and hold B & C harmless for, from, and against any and all liabilities related to the possession, delivery and release of the Collateral. Each of the parties acknowledges and consents to the fact that B & C is acting as counsel for Lender and B & C has no attorney-client relationship or any type of duty, fiduciary, or otherwise to Guarantors or Borrower.