Identity of Subscribers. The Company shall furnish to the Escrow Agent with each delivery of Investor Funds, a list of the Purchasers who have paid for the Shares showing the name, address, tax identification number, number of Shares subscribed for and the amount paid and deposited with the Escrow Agent. This information comprising the identity of Purchasers shall be provided to the Escrow Agent in the format set forth on Exhibit D to this Escrow Agreement, (the “List of Purchasers”). All Investor Funds so deposited shall not be subject to any liens or charges by the Company or the Escrow Agent, or judgments or creditors’ claims against the Company, until released to the Company as hereinafter provided. The Company understands and agrees that the Company shall not be entitled to any Investor Funds on deposit in the Escrow Account and no such funds shall become the property of the Company except when released to the Company pursuant to Section 3 of this Escrow Agreement. The Company and the Escrow Agent will treat all Investor information as confidential. The Escrow Agent shall not be required to accept any Investor Funds which are not accompanied by the information on the List of Purchasers.
Appears in 6 contracts
Samples: Subscription Escrow Agreement (Finest Acquisition, Inc.), Subscription Escrow Agreement (Precise Acquisition, Inc.), Subscription Escrow Agreement (Photozou Holdings, Inc.)
