Common use of DEPOSITS TO THE ESCROW ACCOUNT Clause in Contracts

DEPOSITS TO THE ESCROW ACCOUNT. 3.1 The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to the "Xxxxx Bank, N.A. / The American Corporation Escrow Account." Any checks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 7 contracts

Samples: Escrow Agreement (American Corp), Escrow Agreement (American Corp), Escrow Agreement (American Corp)

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DEPOSITS TO THE ESCROW ACCOUNT. 3.1 The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash checks or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to the "Xxxxx Bank" Manufacturers and Traders Trust Company/Winmark, N.A. / The American Corporation Inc. Escrow Account." Any checks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 3 contracts

Samples: Escrow Agreement (Winmark, Inc.), Escrow Agreement (Winmark, Inc.), Escrow Agreement (Winmark, Inc.)

DEPOSITS TO THE ESCROW ACCOUNT. 3.1 The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash checks or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to the "Xxxxx Bank" Manufacturers and Traders Trust Company/Descorp, N.A. / The American Corporation Inc. Escrow Account." Any checks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 2 contracts

Samples: Escrow Agreement (Descorp Inc), Escrow Agreement (Descorp Inc)

DEPOSITS TO THE ESCROW ACCOUNT. 3.1 3.1. The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash checks or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks check delivered to the Escrow Agent shall be made payable to the "Xxxxx Regions Bank/Emerging Markets Holdings, N.A. / The American Corporation Inc.'s Escrow Account." Any checks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 2 contracts

Samples: Escrow Agreement (Emerging Markets Holdings Inc), Escrow Agreement (Emerging Markets Holdings Inc)

DEPOSITS TO THE ESCROW ACCOUNT. 3.1 The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash checks or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to the "Xxxxx Bank" Manufacturers and Traders Trust Company / El Avila, N.A. / The American Corporation Inc. Escrow Account." Any Xxy checks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 1 contract

Samples: Escrow Agreement (El Avila, Inc.)

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DEPOSITS TO THE ESCROW ACCOUNT. 3.1 The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to the "Xxxxx Riggs Bank, N.A. / The American First United States Corporation Escrow Account." Any checks Axx xxecks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 1 contract

Samples: Escrow Agreement (First United States Corp)

DEPOSITS TO THE ESCROW ACCOUNT. 3.1 The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash checks or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to the "Xxxxx Bank" Manufacturers and Traders Trust Company / Winmark, N.A. / The American Corporation Inc. Escrow Account." Any checks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 1 contract

Samples: Escrow Agreement (Winmark, Inc.)

DEPOSITS TO THE ESCROW ACCOUNT. 3.1 The Issuer shall promptly deliver to the Escrow Agent all funds which it receives from prospective purchasers of the Securities, which funds shall be in the form of checks, cash or wire transfers. Upon the Escrow Agent's receipt of such funds, they shall be credited to the Escrow Account. All checks delivered to the Escrow Agent shall be made payable to the "Xxxxx Bank, N.A. / The American First United States Corporation Escrow Account." Any checks payable other than to the Escrow Agent as required hereby shall be returned to the prospective purchaser.

Appears in 1 contract

Samples: Escrow Agreement (Gemini Partners Inc)

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