Establishment of the Escrow Account. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Homeowners Choice, Inc. Preferred Offering Escrow Account” (the “Escrow Account”). The Placement Agent will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to “SunTrust Bank – Homeowners Choice, Inc. Preferred Offering Escrow Account.”
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Sources: Escrow Agreement, Escrow Agreement (Homeowners Choice, Inc.)
Establishment of the Escrow Account. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Homeowners Choice, Inc. Preferred Xxxxxxx REIT Offering Escrow Account” (the “Escrow Account”). The Placement Agent will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares to make checks payable to “SunTrust Bank – Homeowners Choice, Inc. Preferred Offering Escrow AccountBank.”
Appears in 1 contract
Sources: Escrow Agreement (Wheeler Real Estate Investment Trust, Inc.)
Establishment of the Escrow Account. Contemporaneously herewith, the parties have established a non-interest-bearing account with the Escrow Agent, which escrow account is entitled “Homeowners Choice, Inc. Preferred Offering IPO Escrow Account” (the “Escrow Account”). The Placement Agent will transfer funds directly to the Escrow Agent as directed by its customers and will instruct other purchasers of the Shares Units to make checks payable to “SunTrust Bank – Homeowners Choice, Inc. Preferred Offering IPO Escrow Account.”
Appears in 1 contract