Additional Escrowed Securities Sample Clauses

Additional Escrowed Securities. If you acquire Additional Escrowed Securities, those securities will be added to the securities already in escrow, to increase the number of remaining Escrowed Securities. After that, all of the Escrowed Securities will be released in accordance with the applicable release schedule in the tables above.
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Additional Escrowed Securities. [Intentionally deleted]
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Additional Escrowed Securities. If ▇▇▇▇▇▇▇▇▇▇ receives any other securities (“Additional Escrowed Securities”): (a) as a dividend or other distribution on Escrowed Property; or (b) on a subdivision, or compulsory or automatic conversion or exchange of Escrowed Property; or (c) from a successor Corporation in a Business Combination, if Article 5 of this Agreement applies, ▇▇▇▇▇▇▇▇▇▇ will deposit them in escrow with the Escrow Agent. ▇▇▇▇▇▇▇▇▇▇ will deliver or cause to be delivered to the Escrow Agent any share certificates or other evidence of those Additional Escrowed Securities.
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Related to Additional Escrowed Securities

  • Additional escrow securities If you acquire additional escrow securities, those securities will be added to the securities already in escrow, to increase the number of remaining escrow securities. After that, all of the escrow securities will be released in accordance with the applicable release schedule in the tables above.

  • Additional Escrow Amounts On the date of any Purchase Withdrawal, the Pass Through Trustee may re-deposit with the Depositary some or all of the amounts so withdrawn in accordance with Section 2.4 of the Deposit Agreement.

  • Escrowed Shares a. With respect to the Escrowed Shares, upon an event of default as set forth in the Pledge Agreement, the Escrow Agent shall send written notice to the Transfer Agent ("Escrow Notice") to transfer such number of Escrow Shares as set forth in the Escrow Notice to the Buyers. Upon receipt of an Escrow Notice, the Transfer Agent shall promptly transfer such number of Escrow Shares to the Buyers as shall be set forth in the Escrow Notice delivered to the Transfer Agent by the Escrow Agent. Further, the Transfer Agent shall promptly transfer such shares from the Buyers to any subsequent transferee promptly upon receipt of written notice from the Buyers or their counsel. If the Escrow Shares are not registered for sale under the Securities Act of 1933, as amended, then the certificates for the Escrow Shares shall bear the legend set forth in Section 1b. b. In the event that counsel to the Company fails or refuses to render an opinion as may be required by the Transfer Agent to affect a transfer of the Escrow Shares (either with or without restrictive legends, as applicable), then the Company irrevocably and expressly authorizes counsel to the Buyers to render such opinion. The Transfer Agent shall accept and be entitles to rely on such opinion for the purpose of transferring the Escrow Shares.

  • The Deposited Securities SECTION 4.01

  • Escrow Funds To provide for the timely payment of any post-closing claims by Buyer against Seller hereunder, at Closing, Seller shall deposit an amount equal to One Hundred Fifty Thousand and No/100 Dollars ($150,000.00) (the “Escrow Funds”) which shall be withheld from the Purchase Price payable to Seller and shall be deposited for a period of one (1) year in an escrow account with the Title Company pursuant to an escrow agreement reasonably satisfactory in form and substance to Buyer and Seller (the “Post-Closing Agreement”), which escrow and Post-Closing Agreement shall be established and entered into at Closing and shall be a condition to Buyer’s obligations under this Contract. All earnings accrue to Seller and Seller may direct investment thereof. If no claims have been asserted by Buyer against Seller, or all such claims have been satisfied, within such 1-year period, the Escrow Funds deposited by Seller shall be released to Seller.