Escrow Release Deadline definition

Escrow Release Deadline means 5:00 p.m. (Toronto time) on the date that is 120 days after the Closing Date, being June 10, 2020;

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;

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).

• 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.

• The Corporation shall take commercially reasonable efforts to seek satisfaction of the Escrow Release Conditions as soon as is reasonably practicable (and in any event not later than the Escrow Release Deadline) and provide written notice to the Investor that the Escrow Release Conditions have been met.

• In the event that the Escrow Release Conditions are not satisfied or waived by the Escrow Release Deadline, the Escrowed Funds shall be returned to the Investor and the Subscription Receipts shall be cancelled.

• 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.

More Definitions of Escrow Release Deadline

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

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

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

Escrow Release Deadline means that date which is 105 days following the closing of the Offering;

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 5:00 p.m. (Kelowna time) on the date that is 150 days following the Closing Date;

Escrow Release Deadline means 5:00 p.m. (Toronto time) on the date that is 90 days following the Closing Date;