Common use of Initial Report Clause in Contracts

Initial Report. After the first deposit is made into a Beneficiary State’s QEF Sub-Account, the Escrow Agent shall provide the Beneficiary State with written notice that the QEF Sub-Account has been established and provide to the Beneficiary State a copy of this Escrow Agreement and the amount of the deposit made for the Beneficiary State.

Appears in 10 contracts

Sources: Tobacco Escrow Agreement, Escrow Agreement, Tobacco Escrow Agreement