Voluntary Escrow Shares definition

Voluntary Escrow Shares means the Shares which are subject to voluntary escrow arrangements pursuant to the voluntary escrow deeds between Mareterram and each of the Voluntary Escrow Shareholders;
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Voluntary Escrow Shares means Resulting Issuer Shares which will be subject to voluntary 6 year escrow pursuant to the terms of the Transaction Agreement, as more particularly described under the heading “Information Concerning the Resulting Issuer – Escrowed Securities”.
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Examples of Voluntary Escrow Shares in a sentence

  • The warranties and representations in this clause 6 are given in respect of any and all Voluntary Escrow Shares which the Holder holds and any and all Controller Interests which the Controller holds from time to time during the Escrow Period, including as a result of a permitted Dealing in accordance with clause 5 of this deed.

  • For Prime Shares, Vacation Shares, Public Unit Shares and Voluntary Escrow Shares withdrawals or transfers made in person, or by a third party in any month by means of a preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order totaling more than an aggregate of 6 per membership in one month may be subject to a fee per incident; transactions resulting in a posting to our loans are except from this total.

  • Subject to clause 4.2 (Application of Holding Lock), the Holder agrees to the application of a Holding Lock to the Voluntary Escrow Shares, and agrees to take all necessary steps to ensure that its Voluntary Escrow Shares are registered and held for the Holder on the Issuer Sponsored Subregister whilst any restrictions under clause 3 of this deed apply to those Voluntary Escrow Shares.

  • The Company will apply a Holding Lock to the Voluntary Escrow Shares upon Completion and may only remove the Holding Lock with respect to the Voluntary Escrow Shares if permitted under clause 4.3 (Removal of Holding Lock).

  • B The Holder holds or will hold the Voluntary Escrow Shares on or around Completion.