Common use of Instructions Applicable to Escrow Agent Clause in Contracts

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the Debentures, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit I, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Ivoice, Inc /De), Securities Purchase Agreement (Netfabric Holdings, Inc), Securities Purchase Agreement (Netfabric Holdings, Inc)

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Instructions Applicable to Escrow Agent. Upon the Escrow Agent's receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the DebenturesDebentures or instructions to exercise the Warrant, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit I, or an Exercise Notice, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice or Exercise Notice in accordance with the terms of these instructions.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Laser Energetics Inc), Etotalsource Inc, Roaming Messenger Inc

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's ’s receipt of a properly completed conversion notice substantially in Conversion Notice from the form attached as an exhibit to the DebenturesBuyer, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent the Conversion Notice, with a Conversion Notice in copy to the form attached hereto as Exhibit ICompany, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 2 contracts

Samples: Transax International LTD, Transax International LTD

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's ’s receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the DebenturesDebentures or instructions to exercise the Warrant, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit I, or an Exercise Notice, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice or Exercise Notice in accordance with the terms of these instructions.

Appears in 2 contracts

Samples: Irrevocable Transfer Agent Instructions (Ignis Petroleum Group, Inc.), Securities Purchase Agreement (Bsi2000 Inc)

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's receipt of a properly completed conversion notice Conversion Notice substantially in the form attached as an exhibit to the Debentures, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit I, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: Irrevocable Transfer Agent Instructions (Directview Inc)

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's ’s receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the Debentures, Conversion Notice the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a the Conversion Notice in as the form attached hereto as Exhibit Icase may be, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: NewGen Technologies, Inc

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the DebenturesDebenture, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit I, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sonoran Energy Inc)

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the DebenturesDebentures or instructions to exercise the Warrant, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit I, or an Exercise --------- Notice, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice or Exercise Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ns8 Corp)

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Instructions Applicable to Escrow Agent. Upon the Escrow Agent's ’s receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the Debentures, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent and to the Company a Conversion Notice in the form attached hereto as Exhibit I, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Compliance Systems Corp)

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's receipt of a properly completed conversion notice substantially in the form attached as an exhibit to the Debentures, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit I, which shall constitute --------- an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sensor System Solutions Inc)

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's ’s receipt of a properly completed conversion notice substantially in Conversion Notice from the form attached as an exhibit to the DebenturesBuyer, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a Conversion Notice in the form attached hereto as Exhibit INotice, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: Investment Agreement (Torrent Energy Corp)

Instructions Applicable to Escrow Agent. Upon the Escrow Agent's receipt of a properly completed conversion notice Conversion Notice substantially in the form attached as an exhibit to the Debentures, the Escrow Agent shall, within one (1) Trading Day thereafter, send to the Transfer Agent a the Conversion Notice in the form attached hereto as Exhibit INotice, which shall constitute an irrevocable instruction to the Transfer Agent to process such Conversion Notice in accordance with the terms of these instructions.

Appears in 1 contract

Samples: Sensor System Solutions Inc

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