Common use of Escrow Termination Date Clause in Contracts

Escrow Termination Date. Subject to the provisions of Section 8, this Agreement shall terminate after all of the Earnout Shares and Escrowed Dividends have been released from the Escrow Account.

Appears in 6 contracts

Samples: Business Combination Agreement (StoneBridge Acquisition Corp.), Earnout Escrow Agreement (StoneBridge Acquisition Corp.), Agreement and Plan of Merger (Big Cypress Acquisition Corp.)

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Escrow Termination Date. Subject to the provisions of Section 8, this Agreement shall terminate after all of the Adjustment Escrow Shares and the Earnout Shares and Escrowed Escrow Dividends have been released from the Escrow Account.

Appears in 2 contracts

Samples: Merger Agreement (Forum Merger III Corp), Escrow Agreement (Electric Last Mile Solutions, Inc.)

Escrow Termination Date. Subject to the provisions of Section 8, this Agreement shall terminate after all of the Earnout Sponsor Earn-out Shares and Escrowed Dividends have been released from the Escrow Account.

Appears in 2 contracts

Samples: Sponsor Support Agreement (Amplitude Healthcare Acquisition Corp), Business Combination Agreement (Amplitude Healthcare Acquisition Corp)

Escrow Termination Date. Subject to the provisions of Section 8, this Agreement shall terminate after automatically immediately following the release of all of the Earnout Earn Out Shares and Escrowed Dividends have been released from the Escrow Account.

Appears in 1 contract

Samples: Business Combination Agreement (Ascendant Digital Acquisition Corp.)

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Escrow Termination Date. Subject to the provisions of Section 8, this Agreement shall terminate after all of the Earnout Shares and Escrowed Dividends have been released disbursed from the Escrow Account, whether to the Earnout Recipients and/or to DraftKings for cancellation (as applicable) in accordance with Section 3 and Section 4 of this Agreement.

Appears in 1 contract

Samples: Earnout Escrow Agreement (DraftKings Inc.)

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