Delivery of Escrow Property. (a) At least one day prior to each Settlement Date:
Delivery of Escrow Property. As provided in the Purchase Agreement (a) WHDX shall deposit with the Escrow Agent within ten (10) business days from the execution of this Escrow Agreement the WHDX Shares represented by three (3) stock certificates in the denominations of 8,300,000 shares, 8,300,000 shares and 8,400,000 shares (the “WHDX’s Escrow Property”) each in the name of 11i Solutions, Inc., and (b) 11i shall deposit with the Escrow Agent (“11i’s Escrow Property”) funds which in the aggregate are equal to Two Hundred Twenty-Five Thousand Dollars ($225,000.00), in installments as follows: $75,000 (“First Installment”) within five (10) business days from the execution of this Escrow Agreement; $75,000 (“Second Installment”) within sixty (60) days of the execution of this Escrow Agreement, or ninety (90) days of the execution of this Escrow Agreement in the event WHDX delivers to the Escrow Agent prior to the sixtieth day written notice that the Second Installment payment date has been extended (“Extended”) to ninety (90) days from the execution of this Escrow Agreement; and $75,000 within ninety (90) days of the execution of this Escrow Agreement (“Third Installment”) . WHDX’s Escrow Property and 11i’s Escrow Property as deposited with the Escrow Agent are sometimes hereinafter referred to as the “Escrow Property”. The Escrow Property shall be maintained on deposit by the Escrow Agent in accordance with the terms and conditions hereof. This Escrow Agreement and the escrow created hereunder shall not become effective unless and until the Escrow Property has been deposited with the Escrow Agent.
Delivery of Escrow Property. (a) The Escrow Agent shall deliver the Escrow Fund only in accordance with (i) a written agreement signed by each of the Seller and the Purchaser or (ii) the provisions of this Article II.
Delivery of Escrow Property. (a) The Seller shall deliver to the Escrow Agent the Seller’s Escrow Documents, including duly executed copies of the documents and instruments to be delivered to the Purchasers pursuant to the Purchase Agreement. Upon receipt of the same, the Escrow Agent shall so advise EVW.
Delivery of Escrow Property. Contemporaneously with the execution of this Escrow Agreement by the Investor, the Investor shall deposit the Escrow Amount with the Escrow Agent in immediately available funds (the “Escrow Account”). The Escrow Amount is sometimes hereinafter referred to as the “Escrow Property”. This Escrow Agreement and the Escrow Account created hereunder shall not become effective unless and until the Escrow Property has been deposited with the Escrow Agent.
Delivery of Escrow Property. (a) Each Seller shall deliver to the Escrow Agent stock certificates evidencing the Specified Shares, together with stock powers duly executed in favor of Purchaser, and the other Seller Escrow Documents to be delivered at Closing to the Purchaser pursuant to the Purchase Agreement.
Delivery of Escrow Property. (a) Upon receiving notice at any time from Homes, Wireless and Xxxxx as to the disposition of the Escrow Property, the Escrow Agent will promptly effect such disposition.
Delivery of Escrow Property. By its execution of this Agreement, the Escrow Agent hereby acknowledges (a) its receipt of the Original Escrow Shares, in each case accompanied by one or more Stock Powers duly endorsed for transfer in blank, and (b) its receipt of an additional 111,111 shares of the Company’s common stock, in each case accompanied by one or more Stock Powers duly endorsed for transfer in blank, being deposited into the Escrow Account by the Escrowee in connection with the Amendment Agreements (the “Additional Escrow Shares” and together with the Original Escrow Shares, the “Escrow Shares”). The Escrow Shares are sometimes hereinafter collectively referred to as the “Escrow Property.”
Delivery of Escrow Property. (a) At least one day prior to each Settlement Date, (i) the Company and the Purchaser shall each execute and deliver to the other, and the Escrow Agent, via facsimile transmission, a Settlement Certificate relating to the applicable Settlement, (ii) the Company will file a supplement to the prospectus forming a part of the Registration Statement and deliver a copy of the Prospectus, as Supplemented, to the Purchaser and the Escrow Agent, (iii) the Company shall cause delivery of the Subscription Shares to be made into the Escrow Shares Account, via DWAC, and (iv) the Purchaser shall cause transmission of the Subscription Payment to be made, via wire transfer, into the Escrow Funds Account.
Delivery of Escrow Property. Upon execution hereof, Parent shall deliver or cause to be delivered to the Escrow Agent the Escrow Notes to be deposited into the Escrow Account.
