FUNDS TO BE PLACED IN ESCROW. All Escrow Funds to be received by the Company shall be paid to the Escrow Agent who shall maintain the Escrow Funds, without any interest thereon, in a separate and distinct escrow account.
Appears in 4 contracts
Samples: Escrow Agreement With Natco Proceeds Escrow Agreement (Highland Clan Creations Corp), Proceeds Escrow Agreement (Dundee Mining Inc), Proceeds Escrow Agreement (Countryside Review Inc)
FUNDS TO BE PLACED IN ESCROW. All Escrow Funds to be received by the Company shall be paid to the Escrow Agent who shall maintain the Escrow Funds, without any interest thereon, in a separate and distinct escrow account.
Appears in 2 contracts
Samples: Proceeds Escrow Agreement (Medusa Style Corp), Proceeds Escrow Agreement (Torch Executive Services LTD)
FUNDS TO BE PLACED IN ESCROW. All Escrow Funds to be received by the Company shall be paid to the Escrow Agent who shall maintain the Escrow Funds, without any interest thereon, in a separate and distinct an escrow account.
Appears in 2 contracts
Samples: Proceeds Escrow Agreement (Metalex Resources Inc), Proceeds Escrow Agreement (Metalex Resources Inc)
