Escrowed Shares definition

Escrowed Shares has the meaning set forth in Section 2.4.

Escrowed Shares has the meaning set forth in Section 3.3(b).

Escrowed Shares has the meaning ascribed in Section 2.3(ii);

Examples of Escrowed Shares in a sentence

• Notwithstanding anything herein to the contrary, if at any time prior to the CSR Maturity Date, the CSR Cancellation Trigger shall have occurred, (A) all CSRs shall be deemed immediately and automatically cancelled as of the date of the CSR Cancellation Trigger and (B) the Rights Agent shall cause the Escrow Agent to release the Escrowed Shares to Xxxxxx Xxxx pursuant to the Escrow Agreement.

• The Rights Agent shall comply with all applicable laws, including as the foregoing relates to Tax reporting and withholding with respect to the issuance of any Escrowed Shares made pursuant to this Agreement.

• For the avoidance of doubt, (i) each CSR held by a CSR Holder that is not a Qualifying CSR Holder shall be deemed to be immediately and automatically cancelled as of the CSR Maturity Date, with no further consideration owed to such CSR Holder and (ii) each CSR held by a Qualifying CSR Holder shall be deemed to be immediately and automatically cancelled upon the issuance of the Escrowed Shares to such Qualifying CSR Holder, or as otherwise contemplated by Section 2.4(j).

• Notwithstanding anything herein to the contrary, in no event shall any party hereto be required to issue to (x) the Qualifying CSR Holders an aggregate amount of Pubco Common Shares in excess of the Escrowed Shares or (y) any Qualifying CSR Holder any fractional Pubco Common Shares.

• In order to be eligible to receive Escrowed Shares on the CSR Maturity Date, a CSR Holder must deliver to Pubco in the manner and within the period of time specified in the Notice of CSR Maturity Date and Instruction Letter, any information (including any IRS Form W-9s or W-8s) reasonably requested by Pubco as specified in the Notice of CSR Maturity Date and Instruction Letter in connection with satisfying its obligations under this Agreement (collectively, a “Qualifying CSR Holder Certification”).

More Definitions of Escrowed Shares

Escrowed Shares has the meaning set out in Section 7.1(c);

Escrowed Shares has the meaning set forth in Section 2(f).

Escrowed Shares has the meaning provided in the recitals hereto;

Escrowed Shares shall have the meaning given it in Section 2.5.1 hereof

Escrowed Shares means the Microfield Common Stock placed in the Indemnification Escrow pursuant to Section 2.7.

Escrowed Shares shall have the meaning assigned to such term in Section 2.3.

Escrowed Shares means such number of shares of iPrint Common --------------- Stock equal to the aggregate of eighteen percent (18%) of the Combination Consideration to be issued to each shareholder in exchange for issued and outstanding shares of Wood capital stock immediately prior to the Effective Time.