Delivery into Escrow. Notwithstanding the foregoing, a number of shares of DocuNet Common Stock equal to (i) $270,000 divided by (ii) the Initial Offering Price shall be delivered at Closing to the Escrow Agent pursuant to the Escrow Agreement (the "Escrow Amount"). The Escrow Amount shall be available to fund (but shall not be the sole source of funding) any obligations of Seller under this Agreement pursuant to the terms of the Escrow Agreement; provided, however, if the amount of cash plus the Value of the shares of DocuNet Common Stock (valued at the Initial Public Offering Price) in the Escrow Amount falls below $270,000 (the "Threshold Value") due to payment from the Escrow Amount pursuant to Section 2.8 hereof, the Seller shall contribute additional cash or shares of DocuNet Common Stock to the Escrow Amount in an amount necessary so that the amount of cash plus the Value of the shares of Common Stock (valued at the Initial Public Offering Price) in the Escrow Amount would equal the Threshold Value.
Delivery into Escrow. On the basis of the representations, warranties, terms and conditions contained herein, on the date hereof each party shall deliver to the financial entity or other entity mutually agreed to by the Parties (the "ESCROW AGENT"), pursuant to an agreement in the form attached hereto as EXHIBIT C (the "ESCROW AGREEMENT"), the following:
Delivery into Escrow. Upon Closing, the sum of Fifty Thousand -------------------- Dollars ($50,000.00), representing the full amount of the Deferred Payments (the "Escrow Funds"), shall be delivered by the Buyer to the Escrow Agent for deposit into the Escrow Account.
Delivery into Escrow. Prior to or at the Closing, the following -------------------- described documents (collectively, the "Escrowed Documents") and the following described funds (collectively, the "Escrowed Funds") shall be deposited into escrow with the Escrow Agent.
Delivery into Escrow. Notwithstanding the foregoing, a number of shares of DocuNet Common Stock equal to (i) $76,650 divided by (ii) the Initial Public Offering Price shall be delivered at Closing to the Escrow Agent pursuant to the Escrow Agreement (the "Escrow Amount"), in the individual amount for each Seller as indicated on Schedule 2.4 attached hereto. The Escrow Amount shall be available to fund (but shall not be the sole source of funding) any obligations of the Sellers under this Agreement pursuant to the terms of the Escrow Agreement; provided, however, if the amount of cash plus the value of the shares of DocuNet Common Stock valued at the Initial Public Offering Price in the Escrow Amount falls below $76,650 (the "Threshold Value") due to payment from the Escrow Account pursuant to Section 2.8 hereof, the Sellers shall contribute additional cash or shares of DocuNet Common Stock to the Escrow Account in an amount necessary so that the amount of cash plus the value of the shares of DocuNet Common Stock (valued at the Initial Public Offering Price) in the Escrow Amount would equal the Threshold Value.
Delivery into Escrow. At the Effective Time, Parent shall deliver, or cause to be delivered the Adjustment Escrow Shares to the Escrow Agent, to be held in the Escrow Account. The Escrow Agent will hold the Adjustment Escrow Shares, together with any dividend or other distribution paid on such Adjustment Escrow Shares, as applicable (the “Escrow Dividends”), in escrow for the Company Shareholders or the Sponsor, as applicable, and will administer and disburse the Adjustment Escrow Shares and the Escrow Dividends, if any, in accordance with the terms of this Agreement. The Escrow Agent shall have no liability or responsibility for any property until it is in fact received by the Escrow Agent.
Delivery into Escrow. Each Party shall have delivered to the Escrow Agent its respective consideration for the transactions contemplated hereunder in accordance with the provisions of Section 1.1 hereof.
Delivery into Escrow. Notwithstanding the foregoing, cash in the amount of $115,000 shall be delivered by Purchaser upon execution hereof to the Escrow Agent to be held in an account pursuant to the Escrow Agreement (the "Escrow Account"). The Escrow Account, pursuant to the terms of the Escrow Agreement, shall be available to fund (but shall not be the sole source of funding) any obligations of the Seller and the Members under this Agreement.
Delivery into Escrow. 2 1.3 Purchase and Sale Irrevocable . . . . . . . . . . . . . . . . . . . . 2 1.4
Delivery into Escrow. The Parties shall concurrently with their execution and delivery of this Agreement and each Transaction Document as to which it is a party, deliver into escrow with Escrow Agent, each such Transaction Document, as well as the principal subject matter of each (the "Escrow").
