DEPOSIT HOLD. Company agrees that 6% of the total funds committed will be held back as a deposit hold in case of any ACH refunds or credit card chargebacks. The hold will remain in effect for 180 days following the close of the Offering. 75% of this hold back will be released back to the company after 60 days and the remaining 25% shall be held for the remaining 120 days.
Appears in 44 contracts
Samples: Posting Agreement (Acme Atronomatic Inc), Posting Agreement (AtomBeam Technologies Inc.), Posting Agreement (AtomBeam Technologies Inc.)
DEPOSIT HOLD. Company agrees that 6% of the total funds committed will be held back as a deposit hold in case of any ACH refunds or credit card chargebacks. The hold will remain in effect for 180 days following the close of the Offering. 75% of this hold back will be released back to the company after 60 days and the remaining 25% shall be held for the remaining 120 days120days.
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Samples: Posting Agreement (Called Higher Studios, Inc.), Posting Agreement (Called Higher Studios, Inc.)
DEPOSIT HOLD. Company agrees that 6% of the total funds committed will be held back as a deposit hold in case of any ACH refunds or credit card chargebacks. The hold will remain in effect effect for 180 days following the close of the OfferingOffering. 75% of this hold back will be released back to the company after 60 days and the remaining 25% shall be held for the remaining 120 days.
Appears in 1 contract
Samples: Posting Agreement (Jet Token Inc.)
DEPOSIT HOLD. Company agrees that 6% of the total funds committed will be held back as a deposit hold in case of any ACH refunds or credit card chargebacks. The hold will remain in effect for 180 days six (6) months following the close of the Offering. 75Two (2) months after the close of the Offering, 4% of this the deposit hold back will be released back to the company after 60 days and the Company. The remaining 252% shall will be held for the final four (4) months of the deposit hold. After four months, the remaining 120 days2% will be released to the Company.
Appears in 1 contract
Samples: Posting Agreement (Denim LA, Inc.)
DEPOSIT HOLD. Company agrees that 6% of the total funds committed will be held back as a deposit hold in case of any ACH refunds or credit card chargebacks. The hold will remain in effect for 180 days 6 months following the close of the Offering. If the company surpasses $500,000 in amount raised for the Offering, 75% of this hold back will be released back to the company after 60 days 2 months and the remaining 25% shall be held for the remaining 120 days4 months.
Appears in 1 contract
Samples: Company Engagement and Posting Agreement (Future Cardia, Inc.)
DEPOSIT HOLD. Company agrees that six percent (6% %) of the total funds committed will be held back as a deposit hold in case of any ACH refunds or credit card chargebacks. The hold holdback will remain in effect for 180 days following the close of the Offering. Seventy-five percent (75% %) of this hold back holdback will be released back to the company Company after 60 sixty (60) days and the remaining twenty-five percent (25% %) shall be held for the remaining 120 one hundred and twenty (120) days.
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