DELIVERY OF HELD BACK SHARES Sample Clauses

DELIVERY OF HELD BACK SHARES. Republic agrees to deliver to the holders of the Held Back Shares, no later than one year after the Effective Date any Held Back Shares (and distributions thereon) then held by Republic (or proceeds from the sale of Held Back Shares) unless there then remains unresolved any claim for Indemnifiable Damages or other damages hereunder as to which notice has been given, in which event Republic shall retain such number of Held Back Shares (and such amount of proceeds therefrom or distributions thereon) as is sufficient to satisfy any such unresolved claim, as well as the attorney fees and costs associated therewith, and shall release the remaining Held Back Shares (and such remaining proceeds and distributions) to the holders thereof; provided, however, if Republic has made no claim for damages hereunder during the first six months after the Effective Date, Republic shall deliver 50% of the Held Back Shares (and such proceeds thereon) to the holders thereof pro rata, promptly after such six-month period. Any Held Back Shares (and proceeds from the sale of, or distributions on, Held Back Shares) remaining on deposit after all such claims shall have been satisfied shall be returned to the holders thereof promptly after the time of satisfaction.
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DELIVERY OF HELD BACK SHARES. Viasource agrees to deliver to the Shareholders, as applicable, no later than twelve (12) months after the date hereof any Held Back Shares then held by it other than to the extent that there then remains unresolved any claim for Indemnifiable Damages as to which notice has been given, in which event any Held Back Shares remaining on deposit after such claim shall have been satisfied shall be returned to the Shareholders, as applicable, promptly after the time of satisfaction (the "HOLD BACK PERIOD").
DELIVERY OF HELD BACK SHARES. Republic agrees to deliver to the Shareholder no later than one year after the Effective Date any Held Back Shares then held by it (or proceeds from the Held Back Shares) unless there then remains unresolved any claim for Indemnifiable Damages or other damages hereunder as to which notice has been given, in which event any Held Back Shares (or proceeds from the sale of Held Back Shares) remaining on deposit after such claim shall have been satisfied shall be returned to the Shareholder promptly after the time of satisfaction.
DELIVERY OF HELD BACK SHARES. ViaSource agrees to deliver to the Companies no later than eighteen (18) months after the date hereof any Held Back Shares then held by it unless there then remains unresolved any claim for Indemnifiable Damages as to which notice has been given, in which event ViaSource shall distribute all of the Held Back Shares except for an amount sufficient to compensate ViaSource for such Indemnifiable Damages. After such claim has been satisfied, any remaining Held Back Shares shall be distributed to the Companies promptly after the time of satisfaction.
DELIVERY OF HELD BACK SHARES. Nations agrees to deliver to the Shareholder no later than the eighteen months after the Closing Date any Held Back Shares then held by it (or proceeds from the Held Back Shares) unless there then remains unresolved any claim for Indemnifiable Damages or other damages hereunder as to which notice has been given, in which event any Held Back Shares remaining on deposit (or proceeds from the sale of Held Back Shares) after such claim shall have been satisfied shall be returned to the Shareholder promptly after the time of satisfaction.
DELIVERY OF HELD BACK SHARES. The United Companies agree to deliver ---------------------------- to the Shareholders no later than five (5) business days after the first anniversary of the Effective Date any Held Back Shares then held by them unless there then remains unresolved any claim for Indemnifiable Damages hereunder as to which notice has been given, in which event United shall continue to hold in accordance with the provisions of this Article, an amount of Held Back Shares reasonably determined by United to satisfy any such unresolved claim and shall return the balance of the Held Back Shares to the Shareholders. Any Held Back Shares remaining on deposit after such claim shall have been satisfied shall be returned to the Shareholders promptly after the time of satisfaction.
DELIVERY OF HELD BACK SHARES. The Panther Companies agree to deliver to Chensoff no later than the expiration of the Indemnity Period any Held Back Shares then held by it (or
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DELIVERY OF HELD BACK SHARES. Republic agrees to deliver to the Shareholders no later than ten (10) business days following the first anniversary of the Effective Date any Held Back Shares then held by it unless there then remains unresolved any claim for Indemnifiable Damages or other damages hereunder as to which notice has been given, in which event only so many of the Held Back Shares as determined by Republic in its sole discretion, to be necessary to cover such claim, valued at the Closing Sale Price, shall be retained and the remainder of the Held Back Shares shall be released to the Shareholders free and clear of Republic's security interest thereon. Any Held Back Shares remaining on deposit after such claim shall have been satisfied shall be returned to the Shareholders promptly after the time of satisfaction. Republic agrees to advise the Shareholders of the number of Held Back Shares it determines to retain pursuant to this provision.
DELIVERY OF HELD BACK SHARES. United shall deliver to the Shareholders no later than the first anniversary of the Effective Date any Held Back Shares then held by it (or proceeds from the Held Back Shares) unless there then remains unresolved any claim for Indemnifiable Damages or other damages hereunder as to which notice has been given, in which event any Held Back Shares remaining on deposit (or proceeds from the sale of Held Back Shares) after such claim shall have been satisfied shall be returned to the Shareholders promptly after the time of satisfaction.
DELIVERY OF HELD BACK SHARES. Medical Manager agrees to deliver to the Company no later than one year after the Closing Date any Held Back Shares then held by it (or proceeds from the Held Back Shares) unless there then remains unresolved any claim for Indemnifiable Damages or other damages hereunder as to which notice has been given, in which event any Held Back Shares remaining on deposit (or proceeds from the sale of Held Back Shares) after such claim shall have been satisfied shall be returned to the Company promptly after the time of satisfaction.
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