Earnout Escrow Shares definition

Earnout Escrow Shares means up to 1,050,000 shares of Common Stock held in escrow for the benefit of the Investor pursuant to the Earnout Escrow Agreement, in connection with the Earnout Agreement, dated [ ], 2022, by and between the Company and the Investor.
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Earnout Escrow Shares means 20,000,000 shares of Purchaser Common Stock.
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Earnout Escrow Shares means 28,692 shares of Series E Preferred Stock (as adjusted for stock splits, combinations or the like with respect to the Series E Preferred Stock); provided, however, that in the event Xxxx.xxx has completed an IPO on or prior to the date Xxxx.xxx is required to issue Earnout Shares, then Earnout Escrow Shares shall mean such number of shares of Common Stock into which such shares of Series E Preferred Stock (as adjusted for stock splits, combinations or the like with respect to the Series E Preferred Stock) shall have converted.
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Examples of Earnout Escrow Shares in a sentence

  • Dr. Preston’s relationship with Plaintiff and Plaintiff’s counsel was always as a consulting expert, not as a treating physician.Moreover, the appellate court correctly found that Shields and Neuswanger were distinguishable and instead found Costa v.

  • It has been noted by site operations that some of the existing air flow meters read incorrectly and elements of these meters are due for replacement.

  • This vacancy rate led to the creation of a “foyer de logements” (“accommodation centre”) in the tower for dependent adults with psychiatric conditions, which accentuated the image of a relegated neighbourhood.

  • As a result of the write-off of the Subsidiary, and in accordance with the provisions of the Escrow Agreement, the IssuerA filed an application with the Vancouver Stock Exchange requesting the cancellation of the Earnout Escrow Shares.

  • If there are any Earnout Escrow Shares remaining in the Earnout Escrow Account after application of Sections 2.09(b)(i)-(iii), then the Purchaser Representative and Seller shall prepare, execute and deliver to the Escrow Agent a joint written instruction instructing the Escrow Agent to release such remaining Earnout Escrow Shares from the Earnout Escrow Account to Purchaser, which shares will then be held as treasury shares or canceled by Purchaser, at Purchaser’s election.


More Definitions of Earnout Escrow Shares

Earnout Escrow Shares means a number of Purchaser Shares with an aggregate value equal to $20,000,000 at the Closing (assuming a deemed value of $10.00 per Purchaser Share).
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Earnout Escrow Shares means the Base Earnout Escrow Shares and the Additional Earnout Escrow Shares, if any such Additional Earnout Escrow Shares are then outstanding. Any adjustment in the amount of the Earnout Escrow Shares shall be made proportionately to the Base Earnout Escrow Shares and to the Additional Earnout Escrow Shares as long as any Additional Earnout Escrow Shares have not been released to Seller and Additional Earnout Escrow Shares remain outstanding.
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Earnout Escrow Shares has the meaning specified in Section 1.10(c).
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Earnout Escrow Shares means 35,000,000 shares of Purchaser Common Stock.
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Related to Earnout Escrow Shares

  • Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

  • Escrow Amount has the meaning set forth in Section 2.1(c).

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Indemnity Escrow Amount means $5,000,000.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.

  • Holdback Amount has the meaning set forth in Section 2.06(a).

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Earnout Consideration has the meaning set forth in Section 2.09(a).

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.

  • Holdback Shares has the meaning set forth in Section 2.5(b)(v).

  • Earn-Out Consideration is defined in Section 2.5(c).

  • Adjustment Escrow Amount means $2,000,000.

  • Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Holdback has the meaning set forth in Section 4.1(d)(i).

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Earnout Amount has the meaning set forth in Section 2.15(a).