Common use of Release of Escrow Securities to Depositary Clause in Contracts

Release of Escrow Securities to Depositary. (1) The Escrow Agent will release from escrow the tendered escrow securities provided that: (a) you or the Issuer make application to release the tendered securities under the Policy on a date at least 10 business days and not more than 30 business days prior to the date of the proposed release date; and

Appears in 2 contracts

Sources: Escrow Agreement (Us Geothermal Inc), Escrow Agreement (Us Geothermal Inc)