Additional Escrow Securities definition

Additional Escrow Securities as that term is defined in Section 2(c) of this Agreement.
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Examples of Additional Escrow Securities in a sentence

  • 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.

  • When this Agreement refers to Escrow Securities, it includes Additional Escrow Securities.

  • It is agreed that the provisions of this Section shall not apply to inadvertent or bona fide errors made by the Employer or the Association in applying the terms and conditions of this agreement if such error is corrected within ninety (90) days from the date of the error.

  • Except for tax-free ----------------------------------------- dividends paid in stock declared with respect to the Escrow Securities pursuant to Section 305(a) of the Internal Revenue Code of 1986, as amended (the "Code") ("Additional Escrow Securities"), there will be distributed promptly to the Holders any cash dividends or dividends payable in securities or other distributions of any kind made in respect of the Escrow Securities.

  • The Escrow Securities will include "Additional Escrow Securities" as that term is defined in Section 2(c) of this Agreement.

  • Hereinafter, when this Agreement refers to “Escrow Securities”, it includes the Additional Escrow Securities.

  • In the event Mpath issues any Additional Escrow Securities, such Escrow Securities will be issued in the name of the Escrow Agent and delivered to the Escrow Agent in the same manner as the Escrow Securities.

  • If the Escrow Agent receives a dividend or other distribution on your Escrow Securities, other than Additional Escrow Securities, the Escrow Agent will pay the dividend or other distribution to you on receipt.

  • The Escrow Agent will accept delivery and receipt of certificates representing the Escrow Shares and any Additional Escrow Securities (as defined in Section 4.04 below and which shall also be considered Escrow Shares) solely in its capacity as Escrow Agent, to be held and disbursed in accordance with the terms and conditions of this Agreement.

  • Notwithstanding any Additional Escrow Securities that you may acquire during the term of this Agreement, the Escrow Securities as at the date of this Agreement shall include a total of 4,824,254 Escrow Securities.

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