Common use of TERMS OF THE ESCROW Clause in Contracts

TERMS OF THE ESCROW. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, in the aggregate, as contemplated by the Purchase Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (First Virtual Communications Inc), Registration Rights Agreement (First Virtual Communications Inc)

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TERMS OF THE ESCROW. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 30,000,022 (the “Funds”) in the aggregate, principal amount as contemplated by the Purchase this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (China Marine Food Group LTD)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 3,000,000 in the aggregate, aggregate of the Shares as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (BioMETRX)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants500,000, in the aggregate, of shares of Common Stock as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Roaming Messenger Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent (i) shall hold the funds for the purchase of up to $12,000,000 500,000 of Common Stock and WarrantsStock, in the aggregate, all as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Mediax Corp)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 753,200 in the aggregate, of Common Stock and Warrants, in the aggregate, Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (American Access Technologies Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants2,490,000, in the aggregate, of Common Stock as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Insignia Systems Inc/Mn)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 2,500,000 in the aggregate, aggregate of Notes and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Vistula Communications Services, Inc.)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 22,000,000 in the aggregate, aggregate of Debentures and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Isonics Corp)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 the 2,500 shares of Common Stock, 2,000 shares of Exchangeable Preferred Stock and Warrants, in the aggregateWarrants at the Closing, as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Dental Medical Diagnostic Systems Inc)

TERMS OF THE ESCROW. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and WarrantsUS$1,400,000, in the aggregate, of the Shares and Warrants at the Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Irvine Sensors Corp/De/)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants1,350,000, in the aggregate, of Debentures and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sunburst Acquisitions Iv Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants7,000,000, in the aggregate, of the Preferred Stock and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Raser Technologies Inc)

TERMS OF THE ESCROW. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and WarrantsUS$3,000,000, in the aggregate, principal amount of the Debentures and the Warrants at the Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Smartire Systems Inc)

TERMS OF THE ESCROW. 1.1 6.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and WarrantsUS$500,000, in the aggregate, of the Shares at the Closings as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Valde Connections Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 3,000,000 in the aggregate, of the Preferred Stock and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Accupoll Holding Corp)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants7,000,000, in the aggregate, of the Debentures and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (World Health Alternatives Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants3,000,000, in the aggregate, of Common Stock and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Ableauctions Com Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 8,500,000.00 in the aggregate, of the Debentures and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (TWL Corp)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants13,500,000, in the aggregate, of the Debentures and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (OneTravel Holdings, Inc.)

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TERMS OF THE ESCROW. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and WarrantsUS$1,000,000, in the aggregate, of the Preferred Stock and the Warrants at the Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Pacific Magtron International Corp)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 2,200,000 shares of Common Stock and Warrants, in certain documentation on the aggregate, Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Ultimate Software Group Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants1,500,000, in the aggregate, of the Debentures and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tasker Capital Corp)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 2,000,000 in the aggregate, aggregate of the Debentures and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Synthetic Blood International Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 5,500,000 in the aggregate, aggregate of Debentures and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hartville Group Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of the $1,500,000 of Common Shares and the Warrant to purchase up to $12,000,000 of 32,609 Common Stock and Warrants, in Shares at the aggregate, initial Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Sand Technology Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants2,500,000, in the aggregate, of Common Stock and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Spatialight Inc)

TERMS OF THE ESCROW. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants3,000,000, in the aggregate, of Common Stock and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Composite Technology Corp)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 5,000,000 in the aggregate, aggregate of Debentures and Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Securities Purchase Agreement (Hartville Group Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 2,805,000 in the aggregate, of Units as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Empire Financial Holding Co)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 2,300,000.00 in the aggregate, of Shares as contemplated by the Purchase Subscription Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Med-Tech Solutions, Inc.)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and WarrantsUS$1,700,000, in the aggregate, of the Debentures and the Warrants at the Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Smartire Systems Inc)

TERMS OF THE ESCROW. 1.1 1.1. The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the funds for the purchase of up to $12,000,000 of Common Stock and Warrants, 1,500,000 in the aggregate, of Securities of the Company as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Hague Corp.)

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