Escrow Release Notice definition

Escrow Release Notice means a written notice in substantially the form set out in the schedules to the Subscription Receipt Agreement executed by the Corporation and the Investor confirming that the Escrow Release Conditions have been satisfied or waived in accordance with the Subscription Receipt Agreement;

Escrow Release Notice means a written notice in substantially the form set out in Schedule “C” attached hereto executed by the Corporation and Lead Agent, on behalf of the Agents, confirming that items (a) through (d), inclusive of the Escrow Release Conditions have been satisfied or waived in accordance with this Agreement;

Escrow Release Notice means the notice provided to the Escrow Agent, substantially in the form set forth in Schedule 3.1(a), executed by the Corporation and the Lead Underwriters on behalf of the Underwriters, certifying the Escrow Release Condition has been satisfied.

Examples of Escrow Release Notice in a sentence

• Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing shall occur at the offices of EGS or such other location as the parties shall mutually agree and the Placement Agent shall deliver to the Escrow Agent the Form of Escrow Release Notice (as defined in the Escrow Agreement), duly executed.

• The Escrow Agent shall effect such transfer by the close of business on the date the Escrow Agent receives the applicable Escrow Release Notice; provided, however, if the Escrow Agent receives the applicable Escrow Release Notice after 2pm Central Time, then the Escrow Agent shall effect such transfer by the close of business on the next succeeding business day.

• The Escrow Agent shall effect such transfer within one business day from the date the Escrow Agent receives the applicable Escrow Release Notice; provided the Escrow Agent shall have no obligation to make disbursements hereunder until after it has received an executed and valid IRS Form W-9 executed by the party receiving the disbursement.

• The Escrow Agent, upon receipt of Escrow Release Notices in the form attached hereto as Exhibit B, shall disburse any portion of the Investor Funds held in the Escrow Account to the Company or such other parties as set forth in the applicable Escrow Release Notice.

• Upon satisfaction of the Escrow Release Conditions, execution and delivery of the Ancillary Agreements and delivery of the duly executed Escrow Release Notice to the Subscription Receipt Agent, each Subscription Receipt shall be automatically converted into one unit ("Unit"), comprised of one Common Share (each, a "Purchased Share") and 79.26% of one Warrant.

More Definitions of Escrow Release Notice

Escrow Release Notice has the meaning attributed thereto in Section 3.1;

Escrow Release Notice means a joint notice from Seller and Purchaser to the Escrow Agent prepared and executed in accordance with the Escrow Agreement instructing the Escrow Agent to release funds from Escrow.

Escrow Release Notice has the meaning given to such term in the Subscription Receipt Agreement;

Escrow Release Notice means a written notice executed by the Company (and Fabled Silver in the case of the Conventional Subscription Receipts) and the Agent and delivered to the Subscription Receipt Agent confirming that the Escrow Release Conditions have been satisfied or waived.

Escrow Release Notice means the notice to be provided to the Subscription Receipt Agent and the Investor, substantially in the form set forth in Schedule 3.1(a), executed by the Corporation, certifying that the Escrow Release Conditions have been satisfied (or in respect of the satisfaction or waiver of the escrow release conditions under the Other Investor Subscription Receipt Agreement, are expected to be satisfied substantially concurrently therewith and that the Corporation has no reason to believe they will not be satisfied) and the Acquisition Closing Time is scheduled to occur on or prior to 11:59 pm (Montreal time) on the Outside Date, and indicating the scheduled Acquisition Closing Time. Extraordinary Resolution has the meaning ascribed thereto in Section 8.11(a) and Section 8.14.

Escrow Release Notice means a notice delivered by the Company to the Escrow Agent confirming satisfaction of the Escrow Conditions”;

Escrow Release Notice has the meaning set forth in Section 2.6(a);