Company Covenants. The Company hereby covenants and agrees to (i) cause its officers to act in good faith regarding the release of the Escrow Securities pursuant to Section 3.1, and (ii) to promptly release the Escrow Securities after the end of each Escrow Period, as applicable.
Appears in 9 contracts
Samples: Securities Escrow Agreement (CIS Acquisition Ltd.), Securities Escrow Agreement (Chardan Metropol Acquisition Corp.), Securities Escrow Agreement (Selway Capital Acquisition Corp.)
Company Covenants. The Company hereby covenants and agrees to (i) cause its officers to act in good faith regarding the release of the Escrow Securities pursuant to Section 3.1, and (ii) to promptly release the Escrow Securities after the end of each the First Escrow Period and the Second Escrow Period, as applicable.
Appears in 5 contracts
Samples: Securities Escrow Agreement (China Growth Equity Investment LTD), Securities Escrow Agreement (China Growth Equity Investment LTD), Securities Escrow Agreement (China Growth Equity Investment LTD)
Company Covenants. The Company hereby covenants and agrees to (i) cause its officers to act in good faith regarding the release of the Escrow Securities pursuant to Section 3.1, and (ii) to promptly release the Escrow Securities after the end of each the Escrow Period, as applicable.
Appears in 2 contracts
Samples: Securities Escrow Agreement (CIS Acquisition Ltd.), Securities Escrow Agreement (CIS Acquisition Ltd.)
Company Covenants. The Company hereby covenants and agrees to (i) cause its officers to act in good faith regarding the release of the Escrow Securities pursuant to Section 3.1, and (ii) to promptly release the Escrow Securities after the end of each the Warrant Escrow Period and the Share Escrow Period, as applicable.
Appears in 2 contracts
Samples: Securities Escrow Agreement (Selway Capital Acquisition Corp.), Securities Escrow Agreement (Selway Capital Acquisition Corp.)
Company Covenants. The Company hereby covenants and agrees to (i) cause its officers to act in good faith regarding the release of the Escrow Securities pursuant to Section 3.1, and (ii) to promptly release the Escrow Securities after the end of each the First Escrow Period, as applicablethe Second Escrow Period and the Third Escrow Period.
Appears in 2 contracts
Samples: Securities Escrow Agreement (Prime Acquisition Corp), Securities Escrow Agreement (Prime Acquisition Corp)
Company Covenants. The Company hereby covenants and agrees to (i) cause its officers to act in good faith regarding the release of the Escrow Securities pursuant to Section 3.1, and (ii) to promptly release the Escrow Securities after the end of each the Placement Escrow Period and the Share Escrow Period, as applicable.
Appears in 1 contract