Delivery of the Escrow Shares. The Purchaser shall deposit the Escrow Shares with the Escrow Agent. Upon receipt of the Escrow Shares, the Escrow Agent shall, in writing with a separate receipt, acknowledge receipt of the Escrow Shares. The Escrow Shares shall be held by the Escrow Agent in accordance with the terms and conditions of this Agreement.
Delivery of the Escrow Shares. 2.1 Not later than two (2) Trading Days after the execution of the Stock Purchase Agreement, the Escrowing Party will deliver or cause to be delivered certificates evidencing an aggregate of Three Million, Five Hundred Twenty Four Thousand, Eight Hundred Ten (3,524,810) shares of Ordinary Stock (as adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction) (the “Escrow Shares”) to the Escrow Agent at the address set forth on Exhibit A hereto.
Delivery of the Escrow Shares. 3.4.1 At the Closing Time the Parties shall enter into the escrow agreement as set out in Schedule 3.4.1 (the "Escrow Agreement").
Delivery of the Escrow Shares. The release of the Escrow Shares at any given time is subject to receipt by Escrow Agent of a written notice (a "Notice") executed by an authorized officer of each of Buyer and Seller, instructing Escrow Agent to disburse a specific number of the Escrow Shares to each of Buyer and Seller as set forth below, and as indicated in such instructions, based upon a determination of the Inventory on the Closing Date Balance Sheet following the audit, review and other procedures referred to in Section 3.3(a) of the Purchase Agreement; provided, however, that if items of dispute must be referred to a nationally recognized firm of certified public accountants, as provided in Section 3.3(a) of the Purchase Agreement, then a Notice of such determination may be executed and delivered by an authorized officer of either Buyer or Seller (with a copy to the other party) together with a copy of the signed report of such firm indicating the amount of the Net Assets on the Closing Date Balance Sheet. If such Notice indicates that the Inventory equals or exceeds $2,727,452, Escrow Agent shall release the Escrow Shares in full, to Seller. If such Notice indicates that the Net Assets are less than $2,727,452, Escrow Agent shall submit for issuance to the Buyer, from the Escrow Shares, the difference between the amount of the Inventory and $2,727,452, and pay the balance of the Escrow Shares and the Escrow Cash Amount, if any, to Seller. For purposes hereof, the Escrow Shares shall be valued at $6.625 per share.
Delivery of the Escrow Shares. (a) Simultaneously with the execution of this Agreement, Tech Squared has caused to be deposited with the Escrow Agent a certificate representing 200,000 shares of capital stock in CAM Designs, Inc. The Escrow Agent shall, within 20 business days of the date of this Agreement, cause the Transfer Agent of CAM Designs, Inc. to issue certificates representing 60,000 shares and 140,000 shares, respectively, of capital stock in CAM Designs, Inc., in exchange for the certificate representing 200,000 shares of capital stock in CAM Designs, Inc. The Escrow Agent shall promptly tender to Tech Squared the certificate representing 140,000 shares of capital stock in CAM Designs, Inc., and retain the certificate representing 60,000 shares of capital stock in CAM Designs, Inc., which shares shall constitute the Escrow Shares.
Delivery of the Escrow Shares. 2.10.1 At the Closing Time, the Purchaser, the Stockholder Representative (as defined in Section 11.3), Xxxxxx-Xxxxxxxxx, Hill & XxXxxxxxx, LLP, as escrow agent, and any other parties thereto shall enter into the escrow agreement in the form attached hereto as Exhibit A.
Delivery of the Escrow Shares. (i) At the Closing, the Purchaser shall deliver to the Seller certificates representing 469,000 of the Sale Shares, the Additional Sale Shares and the Warrant Certificate. The remaining 644,000 Sale Shares (such remaining amount, the "Escrow Shares"), shall be delivered to the Escrow Agent (as defined herein) and the Escrow Agent shall hold the Escrow Shares in accordance with the terms of the Escrow Agreement (as referred to below).
Delivery of the Escrow Shares. Pursuant to the Settlement Agreement, SRG hereby delivers to the Escrow Agent, and the Escrow Agent hereby acknowledges receipt of, the Escrow Shares. The Escrow Agent shall hold and release the Escrow Shares in accordance with the terms and conditions of this Agreement.
Delivery of the Escrow Shares. The Company, on behalf of the Shareholder shall deposit the Pooled Shares with the Pooling Agent. Upon receipt of the Pooled Shares, the Pooling Agent shall, in writing with a separate receipt, acknowledge receipt of the Pooled Shares. The Pooled Shares shall be held by the Pooling Agent in accordance with the terms and conditions of this Agreement. Upon deposit into escrow, the Pooling Agent will send a notice to the Shareholder with the details of the number of Pooled Shares of the Shareholder held in escrow by the Pooling Agent and the release dates in accordance with this Agreement.
Delivery of the Escrow Shares. At the Effective Time, Parent shall deliver to the Escrow Agent the Escrow Shares.
