Common use of Disbursement from the Escrow Account Clause in Contracts

Disbursement from the Escrow Account. 4.1 The Deposited Proceeds may be released to the Company and the Securities delivered to the purchaser or other registered holder only at the same time as or after:

Appears in 17 contracts

Samples: Escrow Agreement (Innerlight Holdings, Inc.), Escrow Agreement (Innerlight Holdings, Inc.), Escrow Agreement (SmartMetric, Inc.)

AutoNDA by SimpleDocs

Disbursement from the Escrow Account. 4.1 3.1 The Deposited Proceeds may be released to the Company and the Securities delivered to the purchaser or other registered holder only at the same time as or afterafter the Escrow Agent has received a signed representation from the Company, together with an opinion of counsel, to the effect that the following events have already occurred and the following requirements have already been met:

Appears in 1 contract

Samples: Escrow Agreement (Global Enterprises (Nevada), Inc.)

Disbursement from the Escrow Account. 4.1 The Deposited Proceeds may be released to the Company and the Securities delivered to the purchaser or other registered holder only at the same time as or after:after the minimum offering has been sold.

Appears in 1 contract

Samples: Escrow Agreement (Powernomics Enterprise Corp)

Disbursement from the Escrow Account. 4.1 The Deposited Proceeds may be released to the Company Issuer and the Securities Shares delivered to the purchaser or other registered holder only at the same time as or after:

Appears in 1 contract

Samples: Escrow Agreement (Accelacorp 1 Inc)

Disbursement from the Escrow Account. 4.1 The Deposited Proceeds may be released to the Company and the Securities delivered to the purchaser or other registered holder only at the same time as or after:after the Escrow Agent has received a signed representation from the Company that the Minimum Offering has been sold. Thereafter, the Escrow Agent shall release the Deposited Proceeds and the Deposited Securities with every additional $5,000 received.

Appears in 1 contract

Samples: Escrow Agreement (Emily Annie Inc)

Disbursement from the Escrow Account. 4.1 4.1. The Deposited Proceeds may be released to the Company and the Securities delivered to the purchaser or other registered holder only at the same time as or after:

Appears in 1 contract

Samples: Escrow Agreement (Pacific Basin Development Corp /Fi)

AutoNDA by SimpleDocs

Disbursement from the Escrow Account. 4.1 The Deposited Proceeds may be released to the Company and the Securities delivered to the purchaser or other registered holder only at the same time as or after:after the Escrow Agent has received a signed representation from the Company that the Minimum Offering has been sold. Thereafter, the Escrow Agent shall release the Deposited Proceeds at the instruction of the Issuer.

Appears in 1 contract

Samples: Escrow Agreement (Powernomics Enterprise Corp)

Disbursement from the Escrow Account. 4.1 3.1 The Deposited Proceeds may be released to the Company and the Securities delivered to the purchaser or other registered holder only at the same time as or after:

Appears in 1 contract

Samples: Escrow Agreement (Global Enterprises (Nevada), Inc.)

Disbursement from the Escrow Account. 4.1 The Deposited Proceeds may be released to the Company and the Securities Shares delivered to the purchaser or other registered holder Stockholders only at the same time as or after:

Appears in 1 contract

Samples: Escrow Agreement (Paragon Acquisition Co Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.