Common use of Intention to Create Escrow over Transaction Documents and Escrowed Funds Clause in Contracts

Intention to Create Escrow over Transaction Documents and Escrowed Funds. The Company intends that the Transaction Documents and the Escrowed Funds shall be held in escrow by the Escrow Agent pursuant to this Agreement for its benefit and for the benefit of the Investors. The Escrow Agent shall provide copies of the Transaction Documents to the Company promptly after their receipt in order for the Company to determine whether to accept the subscriptions for the Investor’s Units evidenced thereby.

Appears in 2 contracts

Samples: Escrow Agreement (Gran Tierra Energy, Inc.), Escrow Agreement (Gran Tierra Energy, Inc.)

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Intention to Create Escrow over Transaction Documents and Escrowed Funds. The Company intends that the Transaction Documents and the Escrowed Funds shall be held in escrow by the Escrow Agent pursuant to this Agreement for its their benefit and for the benefit of the Investors. The Escrow Agent shall provide copies of the Transaction Documents to the Company promptly after their receipt in order for the Company to determine whether to accept the subscriptions for the Investor’s Units evidenced therebyBuyers as set forth herein.

Appears in 1 contract

Samples: Escrow Agreement (Foothills Resources Inc)

Intention to Create Escrow over Transaction Documents and Escrowed Funds. The Company intends and the Subscribers intend that the Transaction Documents and the Escrowed Funds shall be held in escrow by the Escrow Agent pursuant to this Agreement for its benefit and for the benefit of the Investorstheir benefit. The Escrow Agent shall provide copies of the Transaction Documents to the Company promptly after their receipt in order for the Company to reasonably determine whether to accept the subscriptions for the Investor’s Units Notes evidenced thereby.

Appears in 1 contract

Samples: Escrow Agreement (Cur Media, Inc.)

Intention to Create Escrow over Transaction Documents and Escrowed Funds. The Company intends that the Transaction Documents and the Escrowed Funds shall be held in escrow by the Escrow Agent pursuant to this Agreement for its benefit and for the benefit of the InvestorsSubscribers. The Escrow Agent shall provide copies of the Transaction Documents to the Company promptly after their receipt in order for the Company to reasonably determine whether to accept the subscriptions for the Investor’s PPO Units evidenced thereby.

Appears in 1 contract

Samples: Escrow Agreement (Crownbutte Wind Power, Inc.)

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Intention to Create Escrow over Transaction Documents and Escrowed Funds. The Company intends that the Transaction Documents and the Escrowed Funds shall be held in escrow by the Escrow Agent pursuant to this Agreement for its benefit and for the benefit of the InvestorsSubscribers. The Escrow Agent shall provide copies of the Transaction Documents to the Company promptly after their receipt in order for the Company to reasonably determine whether to accept the subscriptions for the Investor’s Units evidenced thereby.

Appears in 1 contract

Samples: Escrow Agreement (Lifeapps Digital Media Inc.)

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