Common use of Establishment of the Escrow Agent Clause in Contracts

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.”

Appears in 4 contracts

Samples: Escrow Agreement (eFuture Information Technology Inc.), Amended Escrow Agreement (eFuture Information Technology Inc.), Escrow Agreement (eFuture Information Technology Inc.)

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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. Pansoft Company Limited IPO Escrow Account” (the “Escrow Account”). The Underwriter 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 – E-future Information Technology, Inc. - Pansoft Company Limited IPO Escrow Account.”

Appears in 2 contracts

Samples: Escrow Agreement (Pansoft CO LTD), Escrow Agreement (Pansoft CO LTD)

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 Future Information Technology, Inc. Escrow Account.”

Appears in 1 contract

Samples: Escrow Agreement (eFuture Information Technology Inc.)

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. Dehaier Medical Systems Limited IPO Escrow Account” (the “Escrow Account”). The Underwriter 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 – E-future Information Technology, Inc. Dehaier Medical Systems Limited IPO Escrow Account.”

Appears in 1 contract

Samples: Escrow Agreement (Dehaier Medical Systems LTD)

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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 Recon Technology, Inc. Ltd IPO Escrow Account” (the “Escrow Account”). The Underwriter 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 – E-future Information Recon Technology, Inc. Ltd IPO Escrow Account.”

Appears in 1 contract

Samples: Escrow Agreement (Recon Technology, LTD)

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