Common use of Escrow Release Clause in Contracts

Escrow Release. The Company shall remit written instructions to the Escrow Agent and the Investors two (2) business days after the Audit Date, in the form of Exhibit C attached hereto and made a part hereof, or in a form and substance satisfactory to the Escrow Agent, directing the Escrow Agent to release the Escrowed Shares within five (5) business days of the Audit Date for each fiscal year, as specified therein and in accordance with the following guidelines (the “Release Notice”):

Appears in 4 contracts

Samples: Escrow Agreement (Viscorp, Inc.), Escrow Agreement (Time Poly Management, Ltd.), Escrow Agreement (Viscorp, Inc.)

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Escrow Release. The Company shall remit written instructions to the Escrow Agent and the Investors Purchasers two (2) business days after the Audit Date, in the form of Exhibit C B attached hereto and made a part hereof, or in a form and substance satisfactory to the Escrow Agent, directing the Escrow Agent to release the Escrowed Escrow Shares within five (5) business days of the Audit Date for each fiscal year, as specified therein and in accordance with the following guidelines (the “Release Notice”):

Appears in 1 contract

Samples: Escrow Agreement (International Imaging Systems Inc)

Escrow Release. The Company Purchaser shall remit written instructions to the Escrow Agent and the Investors two (2) business days after the Audit Date, in the form of Exhibit C B attached hereto and made a part hereof, or in a form and substance satisfactory to the Escrow AgentAgent (the “Release Notice”), directing the Escrow Agent to release the Escrowed Escrow Shares within five (5) business days of the Audit Date for each fiscal year, Escrow Agent’s receipt of the Release Notice as specified therein and in accordance with the following guidelines (the “Release Notice”)::

Appears in 1 contract

Samples: Share Escrow Agreement (China Bio Energy Holding Group Co., Ltd.)

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Escrow Release. The Company and the Investor Representative shall remit written instructions to the Escrow Agent and the Investors two (2) business days after the Audit Date, in the form of Exhibit C D attached hereto and made a part hereof, or in a form and substance satisfactory to the Escrow Agent, directing the Escrow Agent to release the Escrowed Shares within five ten (510) business days of the Audit Date for each fiscal yearDate, as specified therein and in accordance with the following guidelines (the “Release Notice”):

Appears in 1 contract

Samples: Escrow Agreement (Trestle Holdings, Inc.)

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