Common use of Delivery of Escrow Funds Clause in Contracts

Delivery of Escrow Funds. (a) The Placement Agent and the Company shall instruct Subscribers to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for Xspand Product Labs, Inc.,” or wire transfer to Signature Bank, 500 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for Xspand Product Labs, Inc., Account No. , in each case, with the name and address of the individual or entity making payment. In the event any Subscriber’s address is not provided to Escrow Agent by the Subscriber, then the Company 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 “Xspand Product Labs, Inc., Signature Bank, as Escrow Agent” (the “Escrow Account”).

Appears in 3 contracts

Samples: Escrow Deposit Agreement (Xspand Products Lab, Inc.), Escrow Deposit Agreement (Xspand Products Lab, Inc.), Escrow Deposit Agreement (Xspand Products Lab, Inc.)

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Delivery of Escrow Funds. (a) The Placement Agent Underwriter and the Company shall instruct Subscribers to deliver to the Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for Xspand Product LabsAegis Identity Software, Inc.,” or wire transfer to Signature Bank, 500 Xxxxx ABA No. 000000000, 000 Xxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for Xspand Product LabsAegis Identity Software, Inc., Account No. _____________, in each case, case with the name and address of the individual or entity making payment. In the event any Subscriber’s address is not provided to Escrow Agent by the Subscriber, then the Company 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 “Xspand Product LabsAegis Identity Software, Inc., Signature Bank, as Escrow Agent” (the “Escrow Account”).

Appears in 2 contracts

Samples: Escrow Deposit Agreement (Aegis Identity Software, Inc.), Escrow Deposit Agreement (Aegis Identity Software, Inc.)

Delivery of Escrow Funds. (a) The Placement Agent Underwriter and the Company shall instruct Subscribers to deliver to the Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for Xspand Product Labs, XxxxXx.XX Networks Inc.,” or wire transfer to Signature Bank, 500 Xxxxx ABA No. 000000000, 000 Xxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for Xspand Product Labs, XxxxXx.XX Networks Inc., Account No. , in each case, case with the name and address of the individual or entity making payment. In the event any Subscriber’s address is not provided to Escrow Agent by the Subscriber, then the Company 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 “Xspand Product Labs, XxxxXx.XX Networks Inc., Signature Bank, as Escrow Agent” (the “Escrow Account”).

Appears in 1 contract

Samples: Escrow Deposit Agreement (FOTV Media Networks Inc.)

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Delivery of Escrow Funds. (a) The Placement Agent Agents and the Company shall instruct Subscribers the Purchaser to deliver to Escrow Agent checks made payable to the order of “Signature Bank, as Escrow Agent for Xspand Product Labs, Resonant Inc.,” or wire transfer to Signature Bank, 500 Xxxxx 000 Xxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, ABA No. 000000000 for credit to Signature Bank, as Escrow Agent for Xspand Product Labs, Resonant Inc., Account No. , [Omitted] in each case, with the name and address of the individual or entity making payment. In the event any SubscriberPurchaser’s address is not provided to Escrow Agent by the SubscriberPurchaser, then the Company 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 “Xspand Product LabsResonant, Inc., Signature Bank, as Escrow AgentAgent for” (the “Escrow Account”).

Appears in 1 contract

Samples: Securities Purchase Agreement (Resonant Inc)

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