Common use of Closing in Escrow Clause in Contracts

Closing in Escrow. The parties hereto contemplate closing this Plan of Exchange in escrow pursuant to the terms of an Escrow Agreement, a copy of which is attached as Exhibit A hereto. When the documents and securities held in escrow have been released and delivered to the respective parties, a change in control of HTAG shall have occurred. The issuance of common shares of HTAG and exchange of capital stock of Xxxx Xxxx shall be consummated upon delivery of certain payments in accordance with the terms of the Escrow Agreement.

Closing in Escrow. The parties hereto contemplate closing this Plan of Exchange in escrow pursuant to the terms of an Escrow Agreement, a copy of which is attached as Exhibit A hereto. When the documents and securities held in escrow have been released and delivered to the respective parties, a change in control of HTAG shall have occurred. The issuance of common shares of HTAG and exchange of capital stock of Xxxx Xxxx Yong Heng shall be consummated upon delivery upxx xxxxxxry of certain payments in accordance with the terms of the Escrow Agreement.