Escrow Shares definition

Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.
Escrow Shares has the meaning set forth in Section 2.10.
Escrow Shares has the meaning set forth in Section 3.3.

Examples of Escrow Shares in a sentence

  • The Seller understands that none of the Sellers Consideration Shares, the Contingent Value Rights or the Escrow Shares have been registered under the Securities Act, and each may be resold only if registered pursuant to the provisions of the Securities Act or if an exemption from registration is available, except under circumstances where neither such registration nor such an exemption is required by law.

  • The Seller has adequate means of providing for its current needs and contingencies, has no need for liquidity with respect to its investment in the Sellers Consideration Shares, the Contingent Value Rights and, if applicable, the Escrow Shares, and can withstand a complete loss of such investment.

  • For the avoidance of doubt, only the number of Escrow Shares reasonably necessary to satisfy the Pending Claims shall be retained, and any remaining Escrow Shares in excess thereof which are otherwise to be released on such Issuance Date shall be released in accordance with clause 9.9(a).


More Definitions of Escrow Shares

Escrow Shares shall have the meaning set forth in Section 2.1.
Escrow Shares shall have the meaning set forth in Section 1.4 of the Agreement.
Escrow Shares shall have the meaning specified in Section 1.9(c)(iii).
Escrow Shares has the meaning set forth in Section 5(a).
Escrow Shares is defined in Section 2.2(a).
Escrow Shares are defined in Section 4.1(a).
Escrow Shares means the certificates representing Fifty Million (50,000,000) shares of duly issued Common Stock, without restriction and freely tradable pursuant to Rule 504 of Regulation D of the Securities Act, in the share denominations specified by the Purchaser, registered in the name of the Purchaser and/or its assigns to be held in escrow pursuant to this Agreement and the Escrow Agreement.