Release from 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 not be subject to escrow in substitution for the tendered escrow securities and the Escrow Agent will send any share certificates or other evidence of the escrow securities in the possession of the Escrow Agent in accordance with section 2.3.
Appears in 2 contracts
Sources: Unit Contribution and Sale Agreement, Share Purchase Agreement