Examples of Deposit Date in a sentence
Once the Offered Shares are credited back to the Promoter Selling Shareholder’s Demat Account, if the Company and the Promoter Selling Shareholder, jointly and not severally, desire to file the Red Xxxxxxx Prospectus with the RoC, the Promoter Selling Shareholder shall debit its Offered Shares from its Promoter Selling Shareholder’s Demat Account and credit such Offered Shares to the Escrow Demat Account again no later than the Deposit Date.
The Share Escrow Agent shall open the Escrow Demat Account within one (1) Working Day from the date of this Agreement and in any event at least two (2) Working Days prior to the Deposit Date and confirm the details of the opening of such Escrow Demat Account to other Parties in accordance with Clause 2.2. The Escrow Demat Account shall be operated strictly in the manner set out in this Agreement.