Escrow Period. During the Escrow Period (as herein after defined), all amounts deposited in the Escrow Account shall not become the property of the Company or any other entity, and except as provided herein, the Escrow Agent shall make or permit no disbursements from the Escrow Account.
Appears in 7 contracts
Samples: Fund Escrow Agreement (Golden West Brewing Company, Inc.), Fund Escrow Agreement (Golden West Brewing Company, Inc.), Fund Escrow Agreement (Golden West Brewing Company, Inc.)
Escrow Period. During the Escrow Period (as herein after defined), all amounts deposited in the Escrow Account shall not become the property of the Company or any other entity, and except as provided herein, ; the Escrow Agent shall make or permit no disbursements from the Escrow Account. For purposes of calculating the proceeds required to be deposited for the disbursement of the escrow funds, all instruments of payment deposited in the escrow account shall be included, whether or not all such instruments of payment have been processed for collection and collected.
Appears in 1 contract
Samples: Offering Escrow Agreement (Diversified Restaurant Holdings, Inc.)
