Common use of Indemnification Escrow Clause in Contracts

Indemnification Escrow. The Company agrees to set aside from the gross proceeds raised pursuant to this Offering, an aggregate amount of $100,000, to be placed in the Escrow Account under the terms of the Escrow Agreement to be entered into as of the date hereof between the Company, the Representative, and the Escrow Agent, for a period of 12 months from the date hereof.

Appears in 4 contracts

Samples: Underwriting Agreement (Star Fashion Culture Holdings LTD), Underwriting Agreement (Star Fashion Culture Holdings LTD), Underwriting Agreement (Star Fashion Culture Holdings LTD)

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Indemnification Escrow. The Company agrees to set aside from the gross proceeds raised pursuant to this Offering, an aggregate amount of $100,00050,000, to be placed in the Escrow Account under the terms of the Escrow Agreement to be entered into as of the date hereof between the Company, the Representative, and the Escrow Agent, for a period of 12 18 months from the date hereof.

Appears in 4 contracts

Samples: Underwriting Agreement (Majestic Ideal Holdings LTD), Underwriting Agreement (Intelligent Group LTD), Underwriting Agreement (Majestic Ideal Holdings LTD)

Indemnification Escrow. The Company agrees to set aside from the gross proceeds raised pursuant to this Offering, an aggregate amount of $100,000400,000, to be placed in the Escrow Account an escrow under the terms of the Escrow Agreement an indemnification escrow agreement to be entered into as of the date hereof between the Company, the Representative, and the Escrow Agenta mutually appointed escrow agent, for a period of 12 months from the date hereofhereof (the “Indemnification Escrow Agreement”).

Appears in 3 contracts

Samples: Underwriting Agreement (Gamer Pakistan Inc), Underwriting Agreement (Gamer Pakistan Inc), Underwriting Agreement (Gamer Pakistan Inc)

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Indemnification Escrow. The Company agrees to set aside from the gross proceeds raised pursuant to this Offering, an aggregate amount of $100,000, to be placed in the Escrow Account under the terms of the Escrow Agreement to be entered into as of the date hereof between the Company, the RepresentativeRepresentatives, and the Escrow Agent, for a period of 12 18 months from the date hereof.

Appears in 1 contract

Samples: Underwriting Agreement (Majestic Ideal Holdings LTD)

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