Common use of Upon the Escrow Agent Clause in Contracts

Upon the Escrow Agent. s receipt of the aggregate subscription amounts into its master escrow account, together with copies of counterpart signature pages of the Transaction Documents from each Purchaser and the Company and all other closing documents and deliveries required under Article IV of the Purchase Agreement, it shall advise the Company and the Placement Agent, or their designated attorney or agent, of the amount of funds it has received into its master escrow account.

Appears in 2 contracts

Samples: Escrow Agreement (Remote Dynamics Inc), Escrow Agreement (Remote Dynamics Inc)

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Upon the Escrow Agent. s receipt of the aggregate subscription amounts Subscription Amounts for the Closing into its master escrow account, together with copies executed counterparts of counterpart signature pages of this Agreement, the Transaction Documents from each Purchaser Purchase Agreement and the Company and all other closing documents and deliveries required under Article IV of the Purchase Registration Rights Agreement, it shall telephonically advise the Company and the Placement AgentCompany, or their the Company's designated attorney or agent, of the amount of funds it has received into its master escrow account.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tasker Capital Corp), Escrow Agreement (TWL Corp)

Upon the Escrow Agent. s receipt of the aggregate subscription amounts into its master escrow account, together with copies of counterpart signature pages of the Transaction Documents from each Purchaser and the Company and all other closing documents and deliveries required under Article IV of the Purchase Agreement, it shall advise the Company and the Placement AgentVision, or their designated attorney or agent, of the amount of funds it has received into its master escrow account.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Charys Holding Co Inc)

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Upon the Escrow Agent. s receipt of the aggregate subscription amounts Subscription Amounts for the Closing into its master escrow account, together with copies executed counterparts of counterpart signature pages of the Transaction Documents from each Purchaser and the Company and all other closing documents and deliveries required under Article IV of this Agreement, the Purchase Agreement, the Registration Rights Agreement and the Security Agreement, it shall telephonically advise the Company and the Placement AgentCompany, or their the Company's designated attorney or agent, of the amount of funds it has received into its master escrow account.

Appears in 1 contract

Samples: Registration Rights Agreement (Tarrant Apparel Group)

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