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 $10,000,000 in the aggregate of Debentures and Warrants as contemplated by the Purchase Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Vistula Communications Services Inc), Registration Rights Agreement (Tarrant Apparel Group)

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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 $10,000,000 12,000,000 of Common Stock and Warrants, in the aggregate of Debentures and Warrants aggregate, as contemplated by the Purchase Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (First Virtual Communications Inc), Escrow Agreement (First Virtual Communications 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 $10,000,000 7,000,000, in the aggregate aggregate, of Debentures Common Stock and Warrants as contemplated by the Purchase Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (L & L International Holdings, Inc), Escrow Agreement (L & L International Holdings, 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 $10,000,000 5,500,000 in the 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. 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 $10,000,000 1,500,000, in the aggregate 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. 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 $10,000,000 2,300,000.00 in the aggregate aggregate, of Debentures and Warrants 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. 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 $10,000,000 1,500,000 in the aggregate aggregate, of Debentures and Warrants Securities of the Company as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Hague Corp.)

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 the $1,500,000 of Common Shares and the Warrant to purchase up to $10,000,000 in 32,609 Common Shares at the aggregate of Debentures and Warrants initial Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Sand Technology 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 $10,000,000 5,000,000 in the 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. 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 $10,000,000 in 2,200,000 shares of Common Stock and certain documentation on the aggregate of Debentures and Warrants Closing as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Ultimate Software Group 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 $10,000,000 22,000,000 in the 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. 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 $10,000,000 US$1,700,000, in the aggregate 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. 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 $10,000,000 2,500,000, in the aggregate aggregate, of Debentures 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 $10,000,000 753,200 in the aggregate aggregate, of Debentures Common Stock and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (American Access 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 $10,000,000 3,000,000, in the aggregate aggregate, of Debentures 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 $10,000,000 3,000,000, in the aggregate aggregate, of Debentures 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. 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 $10,000,000 7,000,000, in the aggregate aggregate, of Debentures 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 (i) shall hold the funds for the purchase of up to $10,000,000 in the aggregate 500,000 of Debentures and Warrants Common Stock, all as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Mediax Corp)

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 $10,000,000 7,000,000, in the aggregate aggregate, of the Debentures and the Warrants as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (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 $10,000,000 30,000,022 (the “Funds”) in the aggregate of Debentures and Warrants 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 $10,000,000 US$3,000,000, in the aggregate 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. 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 $10,000,000 2,805,000 in the aggregate aggregate, of Debentures and Warrants Units as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Empire Financial Holding Co)

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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 $10,000,000 8,500,000.00 in the aggregate 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. 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 $10,000,000 2,490,000, in the aggregate aggregate, of Debentures and Warrants 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. 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 $10,000,000 1,350,000, in the aggregate 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. 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 $10,000,000 2,000,000 in the 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. 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 $10,000,000 US$500,000, in the aggregate aggregate, of Debentures and Warrants 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 $10,000,000 US$1,400,000, in the aggregate aggregate, of Debentures 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. 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 $10,000,000 2,500,000 in the aggregate of Debentures 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. 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 $10,000,000 3,000,000 in the aggregate of Debentures and Warrants the Shares as contemplated by the Purchase Agreement.

Appears in 1 contract

Samples: Escrow Agreement (BioMETRX)

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 $10,000,000 US$1,000,000, in the aggregate aggregate, of Debentures 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. 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 $10,000,000 3,000,000 in the aggregate aggregate, of Debentures 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. 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 $10,000,000 500,000, in the aggregate aggregate, of Debentures and Warrants 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. 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 $10,000,000 in the aggregate 2,500 shares of Debentures Common Stock, 2,000 shares of Exchangeable Preferred Stock and the Warrants 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 $10,000,000 13,500,000, in the aggregate 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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