Common use of Deliveries to Securityholders Clause in Contracts

Deliveries to Securityholders. Documents will be considered to have been delivered to a Securityholder on the date of delivery, if delivered by hand or by prepaid courier, on the day the sender sends it to the recipient, as confirmed by the sender’s email server, if that day is a business day and it was sent before 5:00 p.m. local time in the place of receipt and otherwise on the next business day if by email, or 5 business days after the date of mailing, if delivered by mail, to the address on the Issuer’s share register. Any share certificates, warrant certificates or other evidence of a Securityholder’s escrow securities will be sent to the Securityholder’s address on the Issuer’s share register unless the Securityholder has advised the Escrow Agent in writing otherwise at least ten business days before the escrow securities are released from escrow. The Issuer will provide the Escrow Agent with each Securityholder’s address as listed on the Issuer’s share register.

Appears in 2 contracts

Samples: Escrow Agreement First Round, Escrow Agreement

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Deliveries to Securityholders. Documents will be considered to have been delivered to a Securityholder on the date of delivery, if delivered by hand or by prepaid courier, on the day the sender sends it to the recipient, as confirmed by the sender’s email server, if that day is a business day and it was sent before 5:00 p.m. local time in the place of receipt and otherwise on the next business day if by email, or 5 business days after the date of mailing, if delivered by mail, to the address on the Issuer’s share register. Any share certificates, warrant certificates or other evidence of a Securityholder’s escrow securities will be sent to the Securityholder’s address on the Issuer’s share register unless the Securityholder has advised the Escrow Agent in writing otherwise at least ten business days before the escrow securities are released from escrow. The Issuer will provide the Escrow Agent with each Securityholder’s address as listed on the Issuer’s share register.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

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