Escrow Release Conditions definition

Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.
Escrow Release Conditions means the following conditions:
Escrow Release Conditions has the meaning ascribed to that term in the Subscription Receipt Agreement;

Examples of Escrow Release Conditions in a sentence

  • Each Subscription Receipt entitles the holder to receive, without payment of additional consideration, or further action, for one common share of the Company upon satisfaction or waiver of the Escrow Release Conditions.


More Definitions of Escrow Release Conditions

Escrow Release Conditions means, collectively, each of the following conditions (which conditions may be waived by the Investor in its sole discretion):
Escrow Release Conditions has the meaning assigned to such term in the Escrow Agreement.
Escrow Release Conditions means each of the following conditions, which conditions may be waived in whole or in part jointly by the Company and the Lead Agent:
Escrow Release Conditions means the occurrence of each of the following events:
Escrow Release Conditions means (i) for each Aleris Incremental Term Lender that has deposited funds into the Escrow Account as of the Escrow Release Time, the Escrow Agent has internally confirmed receipt of such funds from such Aleris Incremental Term Lender, (ii) the Administrative Agent and the Escrow Agent has received an Escrow Drawdown Request complying with the terms of, and within the time period required by, clause (e) above (as the same may be supplemented pursuant to clause (e)(i) and the last paragraph of clause (e) above), and (iii) the conditions precedent set forth in Section 4.03 are satisfied no later than 3:00 p.m. London Time on the Aleris Incremental Funding Date. For the avoidance of doubt, if on the Aleris Incremental Funding Date the Escrowed Amounts are less than the amount originally requested to be funded pursuant to the original Escrow Drawdown Request, then, to the extent that the foregoing conditions in this clause (f) have been satisfied, the Designated Company may proceed with the funding of the then-available Escrowed Amounts by complying with the proviso in clause (e)(i) above.
Escrow Release Conditions means that (i) the Company has not canceled the Offering, and (ii) that the Company has received preliminary approval from the appropriate regulatory entity to charter the Bank as well as preliminary approval for deposit insurance from the FDIC.
Escrow Release Conditions means the delivery by the Company to the Escrow Agent and the Trustee of a certificate in the form attached as Exhibit A to the Escrow Agreement.