Establishment of Escrow. Immediately following the Escrow Agent’s execution of this Agreement, the Escrow Agent will open a non-interest bearing bank checking account with Escrow Agent (the “Escrow Account”) for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (the “Escrow Funds”).
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Samples: Tri Party Escrow Agreement (Energous Corp), Tri Party Escrow Agreement (Reticulate Micro, Inc.), Escrow Agreement
Establishment of Escrow. Immediately following the Escrow Agent’s execution of this Agreement, the Escrow Agent will open a non-interest bearing bank checking account with Escrow Agent (the “Escrow Account”) for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (the “Escrow Funds”).
Appears in 2 contracts
Samples: Escrow Agreement (Benchmark Real Estate Investment Fund, LLC), Escrow Agreement (Bran Urban Growth Fund LLC)
Establishment of Escrow. Immediately following the Escrow Agent’s execution of this Agreement, the Escrow Agent will will:
(a) open a non-interest bearing bank checking account with Escrow Agent (the “Escrow Account”) for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion proceeds of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (net of any fees and/or holdbacks, the “Escrow Funds”).; and
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Establishment of Escrow. Immediately following the Escrow Agent’s execution of this Agreement, the Escrow Agent will open a non-interest bearing bank checking escrow account with Escrow Agent (the “Escrow Account”) with Enterprise Bank & Trust for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (the “Escrow Funds”).
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Establishment of Escrow. Immediately following the Escrow Agent’s execution of this Agreement, the Escrow Agent will open a non-interest bearing bank checking account with Escrow Agent (the “Escrow Account”) for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion proceeds of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (net of any fees and/or holdbacks, the “Escrow Funds”).; and
Appears in 1 contract
Samples: Subscription Escrow Agreement (Real Street Build-to-Rent Fund I, LLC)
Establishment of Escrow. Immediately following the Escrow Agent’s execution of this Agreement, the Escrow Agent will will:
(a) open a non-interest bearing bank checking account with Escrow Agent (the “Escrow Account”) for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion proceeds of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (net of any fees and/or holdbacks, the “Escrow Funds”).
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Establishment of Escrow. Immediately following the Escrow Agent’s 's execution of this Agreement, the Escrow Agent will open a non-interest bearing bank checking account with Escrow Agent (the “"Escrow Account”") for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (the “"Escrow Funds”").
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Establishment of Escrow. Immediately following the Escrow Agent’s execution of this Agreement, the Escrow Agent will open a non-interest interest-bearing bank checking account with Escrow Agent (the “Escrow Account”) for the purpose of receiving and holding Cash Deposits (as defined below) and the remaining portion of the Total Purchase Price (as defined below) payable by each Investor (as defined below) in connection with the Offering (the “Escrow Funds”).
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