Remaining Escrow Shares definition

Remaining Escrow Shares has the meaning specified in Section 9.
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Remaining Escrow Shares means a number of shares of Purchaser Common Stock equal to the number of Escrow Shares deposited into the Escrow Fund less the number of Escrow Shares already offset pursuant to Section 8.2.2 of the Merger Agreement or distributed to the Sellers pursuant to Section 2.2.2
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Remaining Escrow Shares has the meaning set forth in Section 6.04(b).
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Examples of Remaining Escrow Shares in a sentence

  • All dividends payable in cash shall be paid to the Shareholders with respect to the Disbursed Escrow Shares, and to the Issuer with respect to the Remaining Escrow Shares.

  • The voting rights for the balance of the Escrow Shares that have not yet been disbursed or released from escrow (the “Remaining Escrow Shares”) shall belong to the Issuer as long as such Remaining Escrow Shares exist pursuant to this Agreement.

  • In the case of a dispute as to the determination of the number of FY07 Released Escrow Shares, FY08 Released Escrow Shares, Remaining Escrow Shares or other arithmetic calculation hereunder, the Company shall submit the disputed determinations or arithmetic calculations via facsimile within one (1) Business Day (as defined in the Securities Purchase Agreement) of receipt, or deemed receipt, of the event giving rise to such dispute, as the case may be, to the Investor Agent.

  • The number of Escrow Shares so determined by the Escrow Agent shall hereafter be referred to as the "Remaining Escrow Shares".

  • In the case of a dispute as to the determination of the number of Released Escrow Shares, Remaining Escrow Shares or other arithmetic calculation hereunder, Applied Spectrum shall submit the disputed determinations or arithmetic calculations via facsimile within one (1) Business Day (as defined in the Securities Purchase Agreement) of receipt, or deemed receipt, of the event giving rise to such dispute, as the case may be, to the Investor Agent.

  • The Investor and the Escrow Agent agree to deliver appropriately executed documents to effect the transfer of the Remaining Escrow Shares and the Restricted Advanced Shares to the Company, including transfer instructions to the Company's transfer agent.

  • Promptly following the execution and delivery of this Agreement by the parties hereto, the Company shall cause certificates representing the Merger Shares (and the Remaining Escrow Shares) to be delivered to the record holder thereof.

  • Any distribution of Remaining Escrow Shares hereunder shall also include a distribution to the CSKI Shareholder of any dividends or other distributions in the Escrow, which were issued or otherwise obtained or deposited with respect to such Remaining Escrow Shares distributed to the CSKI Shareholder hereunder.

  • The Escrow Agent hereby releases and the Investor hereby assigns back to the Company the Remaining Escrow Shares and the Restricted Advanced Shares free and clear of all liens, charges, security interests, or other encumbrances.

  • Of the Escrowed Shares, five million two hundred forty nine thousand three hundred six (5,249,306) remain in escrow with the Escrow Agent (the "Remaining Escrow Shares"), and six hundred fifteen thousand fifty one (615,051) Advanced Shares remain in the possession of the Investor (the "Restricted Advanced Shares").


More Definitions of Remaining Escrow Shares

Remaining Escrow Shares means the number of Escrow Shares in the Escrow Fund, from time to time; "Reply Notice" has the meaning ascribed to it in Clause 7.2; "Reserved Account" has the meaning ascribed to it in Clause 7.4; "Reserved Amount" has the meaning ascribed to it in Clause 7.4; "Second Period" means the period beginning on the day after the expiry of the First Period and ending on the date that is 90 days after the expiry of the First Period; "Second Period Permitted Number" has the meaning ascribed to it in Clause 10.1; "sell" means sell, transfer, charge or otherwise dispose of any interest; "Settlement Amount" has the meaning ascribed to it in Clause 8.1; "Third Period" means the period beginning on the day after the expiry of the Second Period and ending on the date that is 90 days after the expiry of the Second Period;
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Remaining Escrow Shares means ----------------------- a number of shares of CYTYC Common Stock equal to the number of Escrow Shares deposited into escrow pursuant to Section 2.2.2 hereof less the number of Escrow Shares already offset pursuant to Section 8.2.2 hereof or distributed to the Stockholders pursuant to this Section 2.2.2; and (y) the term "Business Day" ------------ shall mean any day on which commercial banking institutions in New York, New York are customarily open for the purpose of transacting business.
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Related to Remaining Escrow Shares

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

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

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

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

  • Escrow Cash is defined in Section 4.1(a).

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

  • Remaining Shares has the meaning set forth in Section 4.1.2.

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

  • Escrow Property has the meaning set forth in the Escrow Agreement.

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

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

  • 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).

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

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

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Company, Xxxx Capital Partners, LLC and the escrow agent (the “Escrow Agent”) identified therein, in the form of Exhibit B hereto.

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Indemnity Escrow Agreement has the meaning set forth in Section 1.5.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Escrowed Property has the meaning set forth in the Escrow Agreement.

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

  • Adjustment Escrow Amount means $1,000,000.

  • 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.

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

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