Escrow of New Securities Sample Clauses

Escrow of New Securities. If you receive securities (new securities) of another issuer (successor issuer) in exchange for your escrow securities, the new securities will be subject to escrow in substitution for the tendered escrow securities if, immediately after completion of the business combination:
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Escrow of New Securities. (1) If you receive securities (NEW SECURITIES) of another issuer (SUCCESSOR ISSUER) in exchange for your escrow securities, the new securities will be subject to escrow in substitution for the tendered escrow securities, if immediately after completion of the business combination:
Sample 1
Escrow of New Securities. If a Securityholder receives securities (“new securities”) of another issuer (the “new issuer”) in exchange for their Escrow Shares, the new securities will be subject to escrow in substitution for the tendered Escrow Shares. The Escrow Agent will hold the new securities in escrow on the same terms and conditions, including release dates, as applied to the Escrow Shares that were exchanged.
Sample 1
Escrow of New Securities. Each Securityholder agrees that New Securities received by the Securityholder shall be held in escrow in substitution for the Tendered Securities if
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Related to Escrow of New Securities

  • Issuance of New Warrants Whenever the Company is required to issue a new Warrant pursuant to the terms of this Warrant, such new Warrant (i) shall be of like tenor with this Warrant, (ii) shall represent, as indicated on the face of such new Warrant, the right to purchase the Warrant Shares then underlying this Warrant (or in the case of a new Warrant being issued pursuant to Section 7(a) or Section 7(c), the Warrant Shares designated by the Holder which, when added to the number of shares of Common Stock underlying the other new Warrants issued in connection with such issuance, does not exceed the number of Warrant Shares then underlying this Warrant), (iii) shall have an issuance date, as indicated on the face of such new Warrant which is the same as the Issuance Date, and (iv) shall have the same rights and conditions as this Warrant.

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