Examples of Third Release Date in a sentence
On the Third Release Date, the Escrow Agent shall (i) disburse Twenty Percent (20%) of the Escrow Property less any Cancelled Shares to the Recipients’ Representative, and (ii) disburse the amount of Escrow Property equal to the Cancelled Shares to Quepasa.
The Aggregate Tax Holdback Amount (or the applicable portion thereof) will be retained by Heartland from the Closing Date until the First Release Date, the Second Release Date or the Third Release Date, as the case may be.
On or after the Third Release Date, upon receipt by Escrow Agent of a certificate signed by the Representative and an officer of McLexx xxxt the conditions of Section 1.5 have been meet, then Escrow Agent shall promptly release from the Escrow Account the shares of stock of McLexx Xxx., referenced on Exhibit 2.3(c) from the Escrow Shares, the Stock Powers relating to those shares and any Distributions or Secondary Distributions with respect to those shares to the Holders named on Exhibit 2.3(c).