Common use of Release from Escrow of New Securities Clause in Contracts

Release from Escrow of New Securities. (1) The Escrow Agent will send to a Securityholder share certificates or other evidence of the Securityholder’s new securities as soon as reasonably practicable after the Escrow Agent receives: (a) a certificate from the successor issuer signed by a director or officer of the successor issuer authorized to sign (i) stating that it is a successor issuer to the Issuer as a result of a business combination; (ii) containing a list of the securityholders whose new securities are subject to escrow under section 6.5; (iii) containing a list of the securityholders whose new securities are not subject to escrow under section 6.5; and (b) written confirmation from the Exchange that it has accepted the list of Securityholders whose new securities are not subject to escrow under section 6.5; and (2) If your new securities are subject to escrow, the Escrow Agent will hold your new securities in escrow on the same terms and conditions, including release dates, as applied to the escrow securities that you exchanged.

Release from Escrow of New Securities. (1) The Escrow Agent will send to a Securityholder share certificates or other evidence of the Securityholder’s 's new securities as soon as reasonably practicable after the Escrow Agent receives:; (a) a certificate from the successor issuer signed by a director or officer of the successor issuer authorized to signsign (who is not a Securityholder): (i) stating that it is a successor issuer to the Issuer or Big Flash, as applicable, as a result of a business combination; (ii) containing a list of the securityholders whose new securities are subject to escrow under section 6.54.5; (iii) containing a list of the securityholders whose new securities are not subject to escrow under section 6.54.5; and (b) written confirmation from or on behalf of the Exchange disinterested directors of Big Flash that it has they have accepted the list of Securityholders whose new securities are not subject to escrow under section 6.54.5; and (2) If your new securities are subject to escrow, the Escrow Agent will hold your new securities in escrow on the same terms and conditions, including release dates, as applied to the escrow securities that you exchanged.

Release from Escrow of New Securities. (1) The Escrow Agent will send to a Securityholder share certificates or other evidence of the Securityholder’s new securities securitiee sEscroawsAgesnt oon as soon as reasonably practicable after the Escrow Agent receives: (a) a certificate from the successor issuer signed by a director or officer of the successor issuer authorized to sign (i) stating that it is a successor issuer to the Issuer as a result of a business combination; (ii) containing a list of the securityholders whose new securities are subject to escrow under section 6.5; (iii) containing a list of the securityholders whose new securities are not subject to escrow under section 6.5; and (b) written confirmation from the Exchange that it has accepted the list of Securityholders whose new securities are not subject to escrow under section 6.5; and (2) If your new securities are subject to escrow, the Escrow Agent will hold your new securities in escrow on the same terms and conditions, including release dates, as applied to the escrow securities that you exchanged.

Release from Escrow of New Securities. (1) The Escrow Agent will send to a Securityholder share certificates or other evidence of the Securityholder’s new securities as soon as reasonably practicable after the Escrow Agent receives: (a) a certificate from the successor issuer signed by a director or officer of the successor issuer authorized to sign (i) stating that it is a successor issuer to the Issuer as a result of a business combination; (ii) containing a list of the securityholders whose new securities are subject to escrow under section 6.57.56.5; (iii) containing a list of the securityholders whose new securities are not subject to escrow under section 6.57.56.5; and (b) written confirmation from the Exchange that it has accepted the list of Securityholders whose new securities are not subject to escrow under section 6.57.56.5; and (2) If your new securities are subject to escrow, unless subsection (3) applies, the Escrow Agent will hold your new securities in escrow on the same terms and conditions, including release dates, as applied to the escrow securities that you exchanged. (3) If the Issuer is a Tier 2 Issuer, and the successor issuer is a Tier 1 Issuer, the release provisions relating to graduation will apply.

Release from Escrow of New Securities. (1) The Escrow Agent will send to a Securityholder share certificates or other evidence of the Securityholder’s new securities as As soon as reasonably practicable after the Escrow Agent receives: (a) receives a certificate from the successor issuer signed by a director or officer of the successor issuer authorized to sign (ia) stating that it is a successor issuer to the Issuer as a result of a business combination;combination and whether it is an emerging issuer or an established issuer under the Policy, and (iib) containing a list of listing the securityholders Securityholders whose new securities are subject to escrow under section 6.5; (iii) containing a list , the escrow securities of the securityholders Securityholders whose new securities securities, if any, are not subject to escrow under as listed by the successor issuer in section 6.5; and (b6.6(1)(b) written confirmation from will be released, and the Exchange that it has accepted Escrow Agent will send any share certificates or other evidence of the list escrow securities in the possession of Securityholders whose new securities are not subject to escrow under the Escrow Agent in accordance with section 6.5; and2.3. (2) If your new securities are subject to escrow, the Escrow Agent will hold your new securities in escrow on the same terms and conditions, including release dates, as applied to the escrow securities that you exchanged.

Release from Escrow of New Securities. (1) The Escrow Agent will send to a Securityholder share certificates or other evidence of the Securityholder’s new securities as As soon as reasonably practicable after the Escrow Agent receives: (a) receives a certificate from the successor issuer Successor Issuer signed by a director or officer of the successor issuer Successor Issuer authorized to sign (ia) stating that it is a successor issuer Successor Issuer to the Issuer as a result of a business combination;Business Combination and whether it is an emerging issuer or an established issuer under the Policy, and (iib) containing a list of listing the securityholders Securityholders whose new securities New Securities are subject to escrow under section 6.5; (iii) containing a list 5.5, the Escrow Securities of the securityholders Securityholders whose new securities New Securities are not subject to escrow under section 6.5; and (b) written confirmation from 5.5 will be released, and the Exchange that it has accepted Escrow Agent will send any share certificates or other evidence of the list Escrow Securities in the possession of Securityholders whose new securities are not subject to escrow under the Escrow Agent in accordance with section 6.5; and2.3. (2) If your new securities a Securityholder's New Securities are subject to escrow, escrow the Escrow Agent will hold your new securities their New Securities in escrow on the same terms and conditions, including release dates, as applied to the escrow securities Escrow Securities that you they exchanged.