Common use of TERMS OF THE ESCROW Clause in Contracts

TERMS OF THE ESCROW. 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $5,500,000 in the aggregate of Debentures and Warrants as contemplated by the Purchase Agreement. 1.2. Upon the Escrow Agent’s receipt of the aggregate Subscription Amounts for the Closing into its master escrow account, together with executed counterparts of this Agreement, the Purchase Agreement and the Registration Rights Agreement, it shall telephonically advise the Company, or the Company’s designated attorney or agent, of the amount of funds it has received into its master escrow account. 1.3. Wire transfers to the Escrow Agent shall be made as follows: STERLING NATIONAL BANK 000 0XX XXXXXX XXX XXXX, XX 00000 ACCOUNT NAME: XXXXXXX XXXXXXXXX LLP ABA ROUTING NO: 000000000 ACCT NO: 0000000000 REMARK: HTVL/[FUND NAME]

TERMS OF THE ESCROW. 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $5,500,000 7,000,000, in the aggregate aggregate, of Debentures the Preferred Stock and the Warrants as contemplated by the Purchase Agreement. 1.2. Upon the Escrow Agent’s 's receipt of the aggregate Subscription Amounts for the Closing into its master escrow account, together with executed counterparts of this Agreement, the Purchase Agreement and the Registration Rights Agreement, it shall telephonically advise the Company, or the Company’s 's designated attorney or agent, of the amount of funds it has received into its master escrow account. 1.3. Wire transfers to the Escrow Agent shall be made as follows: STERLING NATIONAL BANK 000 0XX XXXXXX XXX XXXX, XX 00000 ACCOUNT NAME: XXXXXXX XXXXXXXXX LLP ABA ROUTING NO: 000000000 ACCT NO: 0000000000 REMARK: HTVL/[FUND RSTG/[FUND NAME]

TERMS OF THE ESCROW. 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $5,500,000 753,200 in the aggregate aggregate, of Debentures Common Stock and the Warrants as contemplated by the Purchase Agreement. 1.2. Upon the Escrow Agent’s receipt of the aggregate Subscription Amounts for the Closing into its master escrow account, together with executed counterparts of this Agreement, the Purchase Agreement and the Registration Rights Agreement, it shall telephonically advise the Company, or the Company’s designated attorney or agent, of the amount of funds it has received into its master escrow account. 1.3. Wire transfers to the Escrow Agent shall be made as follows: STERLING NATIONAL BANK 000 0XX XXXXXX XXX XXXX, XX 00000 ACCOUNT NAME: XXXXXXX XXXXXXXXX LLP ABA ROUTING NO: 000000000 ACCT NO: 0000000000 REMARK: HTVL/[FUND AATK/[FUND NAME]

TERMS OF THE ESCROW. 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $5,500,000 3,000,000, in the aggregate aggregate, of Debentures Common Stock and Warrants as contemplated by the Purchase Agreement. 1.2. Upon the Escrow Agent’s receipt of the aggregate Subscription Amounts for the Closing into its master escrow account, together with executed counterparts of this Agreement, the Purchase Agreement and the Registration Rights Agreement, it shall telephonically advise the Company, or the Company’s designated attorney or agent, of the amount of funds it has received into its master escrow account. 1.3. Wire transfers to the Escrow Agent shall be made as follows: STERLING NATIONAL BANK 000 0XX XXXXXX XXX XXXX, XX 00000 ACCOUNT NAME: XXXXXXX XXXXXXXXX LLP ABA ROUTING NO: 000000000 ACCT NO: 0000000000 REMARK: HTVL/[FUND AAC/[FUND NAME]

TERMS OF THE ESCROW. 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $5,500,000 5,000,000 in the aggregate of Debentures and Warrants as contemplated by the Purchase Agreement. 1.2. Upon the Escrow Agent’s receipt of the aggregate Subscription Amounts for the Closing into its master escrow account, together with executed counterparts of this Agreement, the Purchase Agreement and the Registration Rights Agreement, it shall telephonically advise the Company, or the Company’s designated attorney or agent, of the amount of funds it has received into its master escrow account. 1.3. Wire transfers to the Escrow Agent shall be made as follows: STERLING NATIONAL BANK 000 0XX XXXXXX XXX XXXX, XX 00000 ACCOUNT NAME: XXXXXXX XXXXXXXXX LLP ABA ROUTING NO: 000000000 ACCT NO: 0000000000 REMARK: HTVL/[FUND NAME]

TERMS OF THE ESCROW. 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $5,500,000 10,000,000 in the aggregate of Debentures and Warrants as contemplated by the Purchase Agreement. 1.2. Upon the Escrow Agent’s receipt of the aggregate Subscription Amounts for the each Closing into its master escrow account, together with executed counterparts of this Agreement, the Purchase Agreement and the Registration Rights Agreement, it shall telephonically advise the Company, or the Company’s designated attorney or agentagent and Indigo, of the amount of funds it has received into its master escrow account. 1.3. Wire transfers to the Escrow Agent shall be made as follows: STERLING NATIONAL BANK 000 0XX XXXXXX XXX XXXX, XX 00000 ACCOUNT NAME: XXXXXXX XXXXXXXXX LLP ABA ROUTING NO: 000000000 ACCT NO: 0000000000 REMARK: HTVL/[FUND VISTULA/[FUND NAME]

TERMS OF THE ESCROW. 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $5,500,000 22,000,000 in the aggregate of Debentures and Warrants as contemplated by the Purchase Agreement. 1.2. Upon the Escrow Agent’s 's receipt of the aggregate Subscription Amounts for the Closing into its master escrow account, together with executed counterparts of this Agreement, the Purchase Agreement and the Registration Rights Agreement, it shall telephonically advise the Company, or the Company’s 's designated attorney or agent, of the amount of funds it has received into its master escrow account. 1.3. Wire transfers to the Escrow Agent shall be made as follows: STERLING NATIONAL BANK 000 0XX XXXXXX XXX XXXX, XX 00000 ACCOUNT NAME: XXXXXXX XXXXXXXXX LLP ABA ROUTING NO: 000000000 ACCT NO: 0000000000 REMARK: HTVL/[FUND XXXX/[FUND NAME]