Common use of Stock Pledge and Escrow Agreement Clause in Contracts

Stock Pledge and Escrow Agreement. To secure the obligations of the Company under this Agreement and the Note, the Company shall pledge, hypothecate, and assign, to the Purchaser all the capital stock of its Subsidiary (the “Pledged Shares”), pursuant to a stock pledge and escrow agreement (“Stock Pledge and Escrow Agreement”). The Pledged Shares shall be transferred and delivered at Closing to Xxxxx & Associates (the “Escrow Agent”) pursuant to the terms of the Stock Pledge and Escrow Agreement.

Appears in 2 contracts

Samples: Note Purchase Agreement (AMHN, Inc.), Note Purchase Agreement (AMHN, Inc.)

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Stock Pledge and Escrow Agreement. To secure the obligations of the Company under this Agreement and the NoteAcquired Notes, the Company shall pledge, hypothecate, and assign, to the Purchaser all the capital stock or other ownership interests of its Subsidiary Subsidiaries listed on Schedule 1.5(b) hereto (the “Pledged SharesInterests”), pursuant to a stock pledge and escrow agreement (“Stock Pledge and Escrow Agreement”). The Pledged Shares shall be transferred and delivered at Closing to Xxxxx & Associates () in the “Escrow Agent”) pursuant to the terms of the Stock Pledge and Escrow Agreement.form attached hereto as Exhibit D.

Appears in 1 contract

Samples: Securities Purchase Agreement (Amacore Group, Inc.)

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Stock Pledge and Escrow Agreement. To secure the obligations of the Company under this Agreement and the Note, the Company shall pledge, hypothecate, and assign, to the Purchaser all the capital stock of its Subsidiary Subsidiaries (the "Pledged Shares"), pursuant to a stock pledge and escrow agreement ("Stock Pledge and Escrow Agreement"). The Pledged Shares shall be transferred and delivered at Closing to Xxxxxxx & Xxxxx & Associates LLP (the "Escrow Agent") pursuant to the terms of the Stock Pledge and Escrow Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Medical Media Television, Inc.)

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