Inability to Deliver. In the event that Payments for subscriptions delivered to the Escrow Agent by the Company pursuant to this Agreement are not cleared through normal banking channels within 5 days after such delivery, the Escrow Agent shall return such uncleared Payments to the Company.
Appears in 18 contracts
Samples: Escrow Agreement (Sustinere Holdings, Inc.), Subscription Escrow Agreement (Atlantic Acquisition II, INc.), Subscription Escrow Agreement (Atlantic Acquisition II, INc.)
Inability to Deliver. In the event that Payments for subscriptions delivered to the Escrow Agent by the Company pursuant to this Agreement are not cleared through normal banking channels within 5 days after such delivery, the Escrow Agent shall return deliver such uncleared Payments to the Company, unless the Escrowed Funds are returned to subscribers pursuant to Paragraph 5(b) above, in which case the Escrow Agent shall be reimbursed by the Company for the amount of all uncleared payments.
Appears in 9 contracts
Samples: Escrow Agreement (Wellspring Aerospace International, Inc.), Escrow Agreement (New Gold Discoveries, Inc.), Escrow Agreement (Supportingsmallbusiness, Inc.)
Inability to Deliver. In the event that Payments for subscriptions delivered to the Escrow Agent by the Company Registrant pursuant to this Agreement are not cleared through normal banking channels within 5 days after such delivery, the Escrow Agent shall return such uncleared Payments to the CompanyRegistrant.
Appears in 1 contract
Samples: Subscription Escrow Agreement (Allure Worldwide, Inc.)
Inability to Deliver. In the event that Payments payments for subscriptions delivered to the Escrow Agent by the Company pursuant to this Agreement are not cleared through normal banking channels within 5 days after such delivery, the Escrow Agent shall return such uncleared Payments payments to the Company.
Appears in 1 contract
