Common use of Delivery of Escrow Funds Clause in Contracts

Delivery of Escrow Funds. (a) Placement Agent and the Company shall instruct Investors to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm Corporation,” or wire transfer to Signature Bank, 000 Xxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm Corporation, Account No. _____________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any Subscriber’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the Subscriber, then Placement Agent and/or the Company agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm Corporation” (the “Escrow Account”).

Appears in 2 contracts

Samples: Escrow Deposit Agreement (MusclePharm Corp), Escrow Deposit Agreement (MusclePharm Corp)

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Delivery of Escrow Funds. (a) Placement Agent and the Company shall instruct Investors Subscribers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm CorporationMarine Park Holdings, Inc.,” or wire transfer to Signature Bank, 000 Xxxxx Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm CorporationMarine Park Holdings, Inc., Account No. _____________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any Subscriber’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the Subscriber, then Placement Agent and/or the Company agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm CorporationMarine Park Holdings, Inc.” (the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (NewCardio, Inc.)

Delivery of Escrow Funds. (a) Placement Agent and the Company shall instruct Investors Purchasers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm Corporation,Ortec International, Inc.” or wire transfer to Signature Bank, 000 Xxxxx 200 Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm CorporationOrtec International, Inc., Account No. _____________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any SubscriberPurchaser’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the SubscriberPurchaser, then Placement Agent and/or the Company agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm CorporationOrtec International, Inc.” (the “Escrow Account”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Ortec International Inc)

Delivery of Escrow Funds. (a) Placement Agent and the Company shall instruct Investors Purchasers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm Sequiam Corporation,” or wire transfer to Signature Bank, 000 Xxxxx Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm Sequiam Corporation, Account No. ___[__________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any SubscriberPurchaser’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the SubscriberPurchaser, then Placement Agent and/or the Company agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm Sequiam Corporation” (the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (Sequiam Corp)

Delivery of Escrow Funds. (a) Placement Agent and the Company shall instruct Investors Purchasers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm Corporation,Guardian Technologies International, Inc.” or wire transfer to Signature Bank, 000 Xxxxx Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm CorporationGuardian Technologies International, Inc., Account No. _______________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any SubscriberPurchaser’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the SubscriberPurchaser, then Placement Agent and/or the Company agree agrees to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm CorporationGuardian Technologies International, Inc.” (the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (Guardian Technologies International Inc)

Delivery of Escrow Funds. (a) Placement Agent and the The Company shall instruct Investors Subscribers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm CorporationB6 Sigma, Inc.,” or wire transfer to Signature Bank, Bank 000 Xxxxx Xxxxxx, Xxx 0xx Xxxxx, Xxx Xxxx, XX 00000-0000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm CorporationB6 Sigma, Inc., Account No. _____________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any Subscriber’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the Subscriber, then Placement Agent and/or the Company agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm CorporationB6 Sigma, Inc.” (the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (Sigma Labs, Inc.)

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Delivery of Escrow Funds. (a) Placement Agent Underwriter and the Company shall instruct Investors to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm CorporationSpheric Technologies, Inc.,” or wire transfer to Signature Bank, 000 Xxxxx Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX 0000000000 , ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm CorporationSpheric Technologies, Inc., Account No. _____________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any Subscriber’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the Subscriber, then Placement Agent Underwriter and/or the Company agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm CorporationSpheric Technologies, Inc.” (the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (Spheric Technologies, Inc.)

Delivery of Escrow Funds. (a) Placement Agent The Company and the Company Selling Agent shall instruct Investors Subscribers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm Corporation,Organovo, Inc.” or wire transfer to Signature Bank, 000 Xxxxx Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm CorporationOrganovo, Inc., Account No. _____________1501667028, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any Subscriber’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the such Subscriber, then Placement Agent the Company and/or the Company Selling Agent agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm CorporationOrganovo, Inc.” (hereinbefore defined as the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (Organovo Holdings, Inc.)

Delivery of Escrow Funds. (a) Placement Agent and the The Company shall instruct Investors Subscribers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for MusclePharm forPropanc Health Group Corporation,” or wire transfer to Signature Bank,[insert address of Signature Bank, 000 Xxxxx Xxxxxx, 0xx Xxxxx, Xxx Xxxx, XX 00000’s financial center maintaining the account], ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for MusclePharm CorporationPropanc Health Group Corporaiton, Account No. _____________, in each case, with the name, address and social security number or taxpayer identification number of the individual or entity making payment. In the event any Subscriber’s address and/or social security number or taxpayer identification number are not provided to Escrow Agent by the Subscriber, then Placement Agent and/or the Company agree to promptly provide Escrow Agent with such information in writing. The checks or wire transfers shall be deposited into a non interest-bearing account at Signature Bank entitled “Signature Bank, as Escrow Agent for MusclePharm forPropanc Health Group Corporation” (the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (Propanc Health Group Corp)

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