Escrow Shares definition

Escrow Shares shall be deemed to include the Non-Cash Dividends distributed thereon, if any.
Escrow Shares has the meaning set forth in Section 2.10.
Escrow Shares shall have the meaning specified in Section 2.9.

Examples of Escrow Shares in a sentence

  • If the Escrow Agent has not received written notice of the designation of a successor escrow agent by the Resignation Date, the Escrow Agent's sole responsibility after such time shall be to retain and safeguard the Escrow Shares until receipt of written notice of the designation of a successor escrow agent hereunder or pursuant to a final non-appealable order of a court of competent jurisdiction.

  • Upon release by the Escrow Agent of the Remaining Escrow Shares, the Escrow Agent shall no longer have any further obligations or liabilities in respect of the Remaining Escrow Shares.

  • After the transfer of the Escrow Shares, the Escrow Shares shall remain within escrow, and this Escrow Agreement shall apply, mutatis mutandis, to the said Escrow Shares.

  • The Escrow Agent may, but shall be under no duty whatsoever to, institute or defend any legal proceedings which relate to the Escrow Shares.

  • The Escrow Agent shall be entitled to release the Escrow Shares from escrow in order to affect the requisite permitted transfer.


More Definitions of Escrow Shares

Escrow Shares has the meaning set forth in Section 3.3.
Escrow Shares shall have the meaning set forth in Section 1.4 of the Agreement.
Escrow Shares has the meaning set forth in Section 5(a).
Escrow Shares shall have the meaning set forth in Section 1.5(d).
Escrow Shares means the certificates representing Fifty Million (50,000,000) shares of duly issued Common Stock, without restriction and freely tradable pursuant to Rule 504 of Regulation D of the Securities Act, in the share denominations specified by the Purchaser, registered in the name of the Purchaser and/or its assigns to be held in escrow pursuant to this Agreement and the Escrow Agreement.
Escrow Shares is defined in Section 2.3.
Escrow Shares has the meaning set forth in Section 2(c)(iii) below.