Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “E-Future Information Technology, Inc. Escrow Account” (the “Escrow Account”). The Underwriter will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to “SunTrust Bank – E-future Information Technology, Inc. Escrow Account.”
Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Tibet Pharmaceuticals, Inc. IPO Escrow Account” (the “Escrow Account”). The Placement Agent will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to the Escrow Agent.
Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “China Custom Relations Centers, Inc., IPO Escrow Account” (the “Escrow Account”). The Placement Agent will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to “SunTrust Bank – China Customer Relations Centers, Inc., IPO Escrow Account.”
Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Supertel Hospitality, Inc. Escrow Account” (the “Escrow Account”). The Underwriter will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to “SunTrust Bank – Supertel Hospitality, Inc. Escrow Account.”
Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Tai Shan Communications, Inc. IPO Escrow Account” (the “Escrow Account”). The Placement Agent will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to the Escrow Agent.
Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Qingdao Footwear, Inc. Escrow Account” (the “Escrow Account”). The Underwriter will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to the Escrow Agent.
Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Sino-Global Shipping America, Ltd. IPO Escrow Account” (the “Escrow Account”). The Underwriter will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to “SunTrust Bank - Sino-Global Shipping America, Ltd. IPO Escrow Account.”
Establishment of the Escrow Agent. 2.1 DESIGNATION OF THE ESCROW AGENT The Sellers and the Acquirer declare in joint agreement that they are establishing Societe Generale in the position of escrow agent of the Controlling Interest and of the Escrowed Amount, which declares that it accepts this assignment and has all of the authority for such purpose.
Establishment of the Escrow Agent. 2.01 Upon the terms and conditions set forth herein, Licensee and Pure hereby appoint the Escrow Agent as escrow agent and the Escrow Agent hereby accepts such appointment concurrent with execution and delivery of this Agreement, shall pay Escrow Agent the amounts set out in Section 5.01 as compensation for its services hereunder.
Establishment of the Escrow Agent. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “China Custom Relations Centers, Inc., IPO Escrow Account” (the “Escrow Account”). The Placement Agent will instruct its customers to transfer funds from their respective accounts directly to the Escrow Agent via wire transfer using the wire instructions below and will instruct other purchasers of the Shares to make checks payable to “SunTrust Bank – China Customer Relations Centers, Inc., IPO Escrow Account.” Any check received which is made payable to any party other than the Escrow Agent shall be returned to the purchaser who submitted the check and not accepted. The Escrow Agent shall have no responsibility for payments until such proceeds are actually received, clear through normal banking channels and constitute collected funds. The Escrow Agent shall have no duty to collect or seek to compel payment of any payments, except to place such proceeds or instruments representing such proceeds for deposit and payment through customary banking channels. SunTrust Bank ABA: 000000000 Account: 9443001321 Account Name: Escrow Services Richmond Reference: China Customer Relations Centers Escrow Attention: Xxxx Xxxx (000) 000-0000
