Common use of Duration of Escrow Clause in Contracts

Duration of Escrow. The Escrow Agent shall hold all Escrow Shares and Set-Off Shares and other property constituting a part thereof until the Escrow Shares or Set-Off Shares, or other property constituting a part thereof that corresponds to the Distribution(s), is delivered to the Exchange Agent for distribution to the Stockholders or to Parent, as the case may be, pursuant to the terms of this Escrow Agreement.

Appears in 3 contracts

Samples: Escrow Agreement (Ats Medical Inc), Escrow Agreement (Ats Medical Inc), Escrow Agreement (Ats Medical Inc)

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Duration of Escrow. The Escrow Agent shall hold all Escrow Shares and Set-Off Deposited Shares and other property constituting a part thereof until the Escrow Deposited Shares or Set-Off Shares, or other property constituting a part thereof that corresponds to the Distribution(s), is ) are delivered to the Exchange Agent for distribution to the Stockholders 3F Parties or to Parent, as the case may be, pursuant to the terms of this Escrow Agreement.

Appears in 1 contract

Samples: Special Escrow Agreement (Ats Medical Inc)

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