Escrow Release Deadline definition

Escrow Release Deadline has the meaning ascribed thereto in the Subscription Receipt Agreement;

Escrow Release Deadline means 5:00 p.m. (Vancouver time) on December 31, 2023 or such other later date as is agreed by the Corporation and the Investor, but in any event not on or after the closing of the Separation Transaction;

Escrow Release Deadline means 5:00 p.m. (Toronto time) on December 31, 2021;

Examples of Escrow Release Deadline in a sentence

• The Corporation further acknowledges and confirms that it has no interest in the Escrowed Funds unless and until the Escrow Release Notice is delivered to the Subscription Receipt Agent (at or before the Escrow Release Deadline).

• The Subscription Receipt Agent shall retain the Escrowed Funds for the benefit of the holders of the Subscription Receipts and, upon the delivery of the Escrow Release Notice to the Subscription Receipt Agent (at or before the Escrow Release Deadline), retroactively for the benefit of the Corporation and the Agents (in the case of the Agents, in relation to the Balance of the Agents’ Commission and Expenses) in accordance with the provisions of this Article 6.

• Provided that the Escrow Release Notice is received by the Subscription Receipt Agent at or before the Escrow Release Deadline, the parties hereby irrevocably authorize the issuance of the Underlying Securities pursuant to Section 4.1(3) hereof upon delivery of the Escrow Release Notice.

• If the Escrow Release Notice is delivered to the Subscription Receipt Agent at or before the Escrow Release Deadline, the Subscription Receipt Agent will release the Escrowed Funds in accordance with Section 6.3 hereof.

• Upon the earlier of (i) the satisfaction of the Escrow Release Conditions (at or before the Escrow Release Deadline) and the issuance of the Units required to be issued in compliance with the provisions hereof, and delivery by the Subscription Receipt Agent of the Escrowed Funds as provided for in Section 6.3 hereof, and (ii) the Termination Payment Time as provided for in Section 6.4 hereof, this Agreement shall cease to be of further effect.

More Definitions of Escrow Release Deadline

Escrow Release Deadline means on or before 5:00 p.m. (Toronto time) on the date that is 120 days following the Closing Date;

Escrow Release Deadline means 5:00 p.m. (Toronto time) on the date that is 180 days after the Closing Date, being February 26, 2020, provided, however, that the Corporation shall be entitled to extend the Escrow Release Deadline by up to 60 days upon the written consent of not less than 50% of the Subscription Receiptholders. Notice must be provided to the Subscription Receipt Agent at least one Business Day prior to the Escrow Release Deadline;

Escrow Release Deadline has the meaning ascribed to such term on the face page of this Agreement;

Escrow Release Deadline means on or prior to 5:00 p.m. (Toronto time) on the date that is 120 days from the Offering Closing Date;

Escrow Release Deadline has the meaning ascribed to such term in the preamble to this Agreement.

Escrow Release Deadline means 5:00 p.m. (Kelowna time) on August 31, 2021, or, in the discretion of the Corporation, September 30, 2021 in the event that the completion of the Business Combination is delayed due to factors outside of the control of management of the Corporation, in which case the Corporation will provide written notice of same to the Subscription Receipt Holders and the Subscription Receipt Agent;".

Escrow Release Deadline means the date that is 120 days following the closing of the Offering;