Common use of Establishment of Escrow Account Clause in Contracts

Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his shares only at the price of $0.45 per share and only after Chevel Resources Corporation . has sold at least the minimum number of shares (200,000) in its offering.

Appears in 5 contracts

Samples: Escrow Agreement (Cheval Resources Corp), Escrow Agreement (Cheval Resources Corp), Escrow Agreement (Cheval Resources Corp)

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Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his 4,900,000 shares only at the price of $0.45 0.01 per share during this offering, and only after Chevel Resources Corporation . Registrant has sold at least the minimum maximum number of shares in the Company's Rule 419 S-1 offering (200,000) in its offering10,000,000).

Appears in 3 contracts

Samples: Subscription Escrow Agreement (Cheval Resources Corp), Subscription Escrow Agreement (Mobad Service Corp), Subscription Escrow Agreement (Mobad Service Corp)

Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his shares only at the price of $0.45 per share and only after Chevel Resources Mobad Service Corporation . has sold at least the minimum number of shares (200,000) in completed its offering.

Appears in 2 contracts

Samples: Escrow Agreement (Mobad Service Corp), Escrow Agreement (Mobad Service Corp)

Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his shares only at the price of $0.45 0.05 per share and only after Chevel Petrus Resources Corporation . has sold at least the minimum number of shares (200,000) in its offering.

Appears in 2 contracts

Samples: Escrow Agreement (Petrus Resources Corp), Escrow Agreement (Petrus Resources Corp)

Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his shares only at the price of $0.45 0.05 per share and only after Chevel Resources Puravita Corporation . has sold at least the minimum number of shares (200,000) in its offering.

Appears in 1 contract

Samples: Escrow Agreement (Puravita Corp)

Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his shares only at the price of $0.45 per share and only after Chevel Resources Corporation . has sold at least the minimum number of shares (200,000) in its offering.

Appears in 1 contract

Samples: Escrow Agreement (Cheval Resources Corp)

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Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his shares only at the price of $0.45 0.02 per share during this offering, and only after Chevel Resources Corporation . Registrant has sold at least the minimum maximum number of shares in the Company's Rule 419 S-1 offering (200,000) in its offering2,000,000).

Appears in 1 contract

Samples: Subscription Escrow Agreement (Puravita Corp)

Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his 40,000,000 shares only at the price of $0.45 0.01 per share during this offering, and only after Chevel Resources Corporation . Registrant has sold at least the minimum maximum number of shares in the Company's Rule 419 S-1 offering (200,000) in its offering10,000,000).

Appears in 1 contract

Samples: Subscription Escrow Agreement (Cheval Resources Corp)

Establishment of Escrow Account. The parties have established an escrow account with the Escrow Agent. O'Dare shall sell his shares only at the price of $0.45 per share and only after Chevel Cheval Resources Corporation . has sold at least the minimum number of shares (200,000) in its offering.

Appears in 1 contract

Samples: Escrow Agreement (Cheval Resources Corp)

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