Escrow of New Securities Sample Clauses

Escrow of New Securities. If you receive securities (new securities) of another issuer (successor issuer) in exchange for your escrow securities, the new securities will be subject to escrow in substitution for the tendered escrow securities if, immediately after completion of the business combination:
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Escrow of New Securities. If a Securityholder receives securities (“new securities”) of another issuer (the “new issuer”) in exchange for their Escrow Shares, the new securities will be subject to escrow in substitution for the tendered Escrow Shares. The Escrow Agent will hold the new securities in escrow on the same terms and conditions, including release dates, as applied to the Escrow Shares that were exchanged.
Sample 1
Escrow of New Securities. Each Securityholder agrees that New Securities received by the Securityholder shall be held in escrow in substitution for the Tendered Securities if
Sample 1
Escrow of New Securities. If a Securityholder receives securities (the "NEW SECURITIES") of another issuer (the "SUCCESSOR ISSUER") in exchange for their Escrow Securities, the New Securities will be subject to escrow in substitution for the tendered Escrow Securities if, immediately after completion of the Business Combination:
Sample 1

Related to Escrow of New Securities

  • Release from Escrow of New Securities (1) As soon as reasonably practicable after the Escrow Agent receives:

  • Issuance of New Rights Certificates Notwithstanding any of the provisions of this Agreement or of the Rights to the contrary, the Company may, at its option, issue new Rights Certificates evidencing Rights in such form as may be approved by the Board of Directors to reflect any adjustment or change in the Purchase Price and the number or kind or class of shares or other securities or property purchasable under the Rights Certificates made in accordance with the provisions of this Agreement. In addition, in connection with the issuance or sale of shares of Common Stock following the Distribution Date and prior to the redemption or expiration of the Rights, the Company (a) shall, with respect to shares of Common Stock so issued or sold pursuant to the exercise of stock options or under any employee plan or arrangement, granted or awarded as of the Distribution Date, or upon the exercise, conversion or exchange of securities hereinafter issued by the Company, and (b) may, in any other case, if deemed necessary or appropriate by the Board of Directors of the Company, issue Rights Certificates representing the appropriate number of Rights in connection with such issuance or sale; provided, however, that (i) no such Rights Certificate shall be issued if, and to the extent that, the Company shall be advised by counsel that such issuance would create a significant risk of material adverse tax consequences to the Company or the Person to whom such Rights Certificate would be issued, and (ii) no such Rights Certificate shall be issued if, and to the extent that, appropriate adjustment shall otherwise have been made in lieu of the issuance thereof.

  • Delivery of New Warrants Upon Exercise If this Warrant shall have been exercised in part, the Company shall, at the request of a Holder and upon surrender of this Warrant certificate, at the time of delivery of the Warrant Shares, deliver to the Holder a new Warrant evidencing the rights of the Holder to purchase the unpurchased Warrant Shares called for by this Warrant, which new Warrant shall in all other respects be identical with this Warrant.

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