Common use of Establishment of Escrow Account Clause in Contracts

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 8 contracts

Samples: Escrow Services Agreement (XTI Aircraft Co), Escrow Services Agreement (Mota Group, Inc.), Escrow Services Agreement (Bitzumi, Inc.)

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Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor Subscriber funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties Parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 3 contracts

Samples: Escrow Services Agreement, Escrow Services Agreement (Duke Robotics, Inc.), Escrow Services Agreement (Duke Robotics, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “[●]” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 2 contracts

Samples: Escrow Services Agreement (Gab Al Inc), Escrow Services Agreement (Thinking Green)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “FundAmerica Securities as Agent for Planet Alpha Corp” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 2 contracts

Samples: Escrow Services Agreement (Planet Alpha Corp.), Escrow Services Agreement (Planet Alpha Corp.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Prime Trust, LLC as Escrow Agent for Investors in To The Stars Academy” or similar name (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 2 contracts

Samples: Escrow Services Agreement (To the Stars Academy of Arts & Science Inc.), Escrow Services Agreement (To the Stars Academy of Arts & Science Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Provident Trust Group, LLC as Escrow Agent for Investors in ManeGain Inc.” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (ManeGain, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account at the Bank entitled “Provident Trust Group, LLC as Escrow Agent for Investors in XY - the Findables Company” (the “Escrow Account”) at an FDIC insured US bank (the “Bank”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (XY - The Findables Co)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Prime Trust, LLC as Escrow Agent for Investors in StreamNet, Inc.” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (StreamNet, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Dxxxx Elements, Inc. Escrow Account” A” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Doyen Elements, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Startengine Crowdfunding, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Prime Trust, LLC as Escrow Agent for Investors in CapWest Securities Offering” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (CapWest Income LLC)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Provident Trust Group, LLC as Escrow Agent for 170119449” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (DatChat, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the "Bank") entitled "Provident Trust Group, LLC as Escrow Agent for Investors in Hygen Industries, Inc." (the "Escrow Account"). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Hygen Industries, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Provident Trust Group, LLC as Escrow Agent for 170127426” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Raven Fund 1)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the "Escrow Account") at an FDIC insured US bank (the "Bank"). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Multi-Housing Income REIT, Inc.)

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Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account at the Bank entitled “Provident Trust Group, LLC as Escrow Agent for Investors in FOTV Media Networks Inc.” (the “Escrow Account”) at an FDIC insured US bank (the “Bank”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (FOTV Media Networks Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Prime Trust as Escrow Agent for Dxxxx Motors Electric Car Company” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Dubuc Motors Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Provident Trust Group, LLC as Escrow Agent for 170108436” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Sagoon Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the "Bank") entitled "Prime Trust as Escrow Agent for Xxxxx Motors Electric Car Company" (the "Escrow Account"). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Exhibit 8 Escrow Services Agreement (Dubuc Motors Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the "Bank") entitled "Provident Trust Group, LLC as Escrow Agent for Investors in %%OFFERING_NAME%%" (the "Escrow Account"). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Secured Real Estate Income Fund II, LLC)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “Provident Trust Group, LLC as Escrow Agent for 161119437” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Rayton Solar Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled Bank of America (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (Bitzumi, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the "Escrow Account") at an FDIC insured US bank (the "Bank"). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations. 2.

Appears in 1 contract

Samples: Exhibit Escrow Agreement Escrow Services Agreement (Multi-Housing Income REIT, Inc.)

Establishment of Escrow Account. Prior to Issuer initiating the Offering, and prior to the receipt of the first investor funds, Escrow Agent shall establish an account (the “Escrow Account”) at an FDIC insured US bank (the “Bank”) entitled “American Gas & Technology LP Escrow Account” (the “Escrow Account”). The Escrow Account shall be a segregated, deposit account of Escrow Agent at the Bank. All parties agree to maintain the Escrow Account and escrowed funds in a manner that is compliant with banking and securities regulations.

Appears in 1 contract

Samples: Escrow Services Agreement (American Gas & Technology LP)

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