Common use of Methods of Disposition of Escrow Funds Clause in Contracts

Methods of Disposition of Escrow Funds. The Escrow Agent will hold the Escrow Funds as specified in this Escrow Agreement until authorized hereunder to deliver such Escrow Funds, or a portion thereof, as follows: (a) At the time of the Closing and upon receipt of a certificate in the form of Schedule I attached hereto executed by the Company, as directed in such certificate; (b) If the Minimum Offering amount has not been raised on or before ___________, 2013, the Escrow Agent shall return the Escrow Funds to the Investors, without interest, in accordance with the amount actually deposited by each Investor, or (c) as directed pursuant to Sections 4(i), 4(k) or 4(l).

Methods of Disposition of Escrow Funds. The Escrow Agent will hold the Escrow Funds as specified in this Escrow Agreement until authorized hereunder to deliver such Escrow Funds, or a portion thereof, as follows: (a) At the time of the Closing and upon receipt of a certificate in the form of Schedule I attached hereto executed by the Company, as directed in such certificate; (b) If the Minimum Offering amount has not been raised on or before ___________, 2013, the Escrow Agent shall return the Escrow Funds to the Investors, without interest, in accordance with the amount actually deposited by each Investor, or (c) as directed pursuant to Sections 4(i6(i), 4(k6(k) or 4(l6(l).

Methods of Disposition of Escrow Funds. The Escrow Agent will hold the Escrow Funds as specified in this Escrow Agreement until authorized hereunder to deliver such Escrow Funds, or a portion thereof, as follows: (a) At the time of the Closing and upon receipt of a certificate in the form of Schedule I attached hereto executed by the Company, as directed in such certificate; (b) If the Minimum Offering amount has not been raised on or before _________________, 20132010, the Escrow Agent shall return the Escrow Funds to the Investors, without interest, in accordance with the amount actually deposited by each Investor, or (c) as directed pursuant to Sections 4(i6(i), 4(k6(k) or 4(l6(l).

Methods of Disposition of Escrow Funds. The Escrow Agent will hold the Escrow Funds as specified in this Escrow Agreement until authorized hereunder to deliver such Escrow Funds, or a portion thereof, as follows: (a) At the time of the Closing and upon receipt of a certificate in the form of Schedule I attached hereto executed by the Company, as directed in such certificate; (b) If the Minimum Offering amount has not been raised on or before _________________, 20132011, the Escrow Agent shall return the Escrow Funds to the Investors, without interest, in accordance with the amount actually deposited by each Investor, or (c) as directed pursuant to Sections 4(i6(i), 4(k6(k) or 4(l6(l).