Notice of Escrow Release Conditions Sample Clauses

Notice of Escrow Release Conditions. If the Escrow Release Conditions set forth in items (a) through (d) of the definition of Escrow Release Conditions have been satisfied before the Escrow Release Deadline to the satisfaction of the Corporation, the Corporation shall forthwith cause the Conditions Precedent Certificate, executed by the Chief Executive Officer of the Corporation (or such other officer as may be acceptable to the Agents), to be delivered to the Lead Agent, on behalf of the Agents, notifying the Agents that items (a) through (d) of the definition of Escrow Release Conditions have been satisfied.
Sample 1
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Notice of Escrow Release Conditions. If the Escrow Release Conditions set forth in paragraphs (a) to (c) of the definition of Escrow Release Conditions have been satisfied before the Escrow Release Deadline to the satisfaction of the Corporation, the Corporation and IMC shall forthwith cause the Conditions Precedent Certificate, executed by the Chief Executive Officer of each of the Corporation, IMC and Navasota (or such other officer as may be acceptable to the Lead Agent), to be delivered to the Lead Agent notifying the Lead Agent that paragraphs (a) to (c) of the definition of Escrow Release Conditions have been satisfied.
Sample 1
Notice of Escrow Release Conditions. (a) If the Escrow Release Conditions have been satisfied on or before the Escrow Release Deadline other than the delivery of the Escrow Release Notice, the Corporation shall cause a notice of same to be delivered to the Agent as soon as practicable.
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Notice of Escrow Release Conditions. (a) If the Escrow Release Conditions have been satisfied other than the delivery of the Escrow Release Notice, the Corporation shall cause a notice of same to be delivered to Canaccord Genuity as soon as practicable.
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Notice of Escrow Release Conditions. (a) If the Escrow Release Conditions, other than the delivery of the Escrow Release Notice, have been satisfied on or before the Escrow Release Deadline, the Corporation and the Lead Agent shall provide written notice in the form of an officer’s certificate addressed to the Lead Agent immediately thereafter certifying that the Escrow Release Conditions, other than the delivery of the Escrow Release Notice, have been satisfied.
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Notice of Escrow Release Conditions. If the Brokered Escrow Release Conditions set forth in paragraphs (a) and (b) of the definition of Brokered Escrow Release Conditions have been satisfied before the Escrow Release Deadline, the Corporation shall forthwith cause the Conditions Precedent Certificate, executed by the Chief Executive Officer of the Corporation (or such other officer as may be acceptable to the Lead Underwriter), to be delivered to the Lead Underwriter notifying the Lead Underwriter that paragraphs (a) and (b) of the definition of Brokered Escrow Release Conditions have been satisfied.
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Notice of Escrow Release Conditions. If the Escrow Release Conditions have been satisfied on or before the Escrow Release Deadline, the Corporation shall forthwith cause a certificate regarding same, executed by the Chief Executive Officer and the Chief Financial Officer of the Corporation (or such other officers as may be acceptable to the Lead Agent), to be delivered to the Lead Agent requesting release of the Escrowed Funds pursuant to this Agreement.
Sample 1
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Notice of Escrow Release Conditions. If the Escrow Release Conditions set forth in paragraphs (a) to (f) of the definition of Escrow Release Conditions have been satisfied before the Escrow Release Deadline to the satisfaction of the Corporation, the Corporation shall as soon as reasonably practicable thereafter deliver to the Subscription Receipt Agent the Escrow Release Notice, executed by the Corporation.
Sample 1
Notice of Escrow Release Conditions. ‌ If the Escrow Release Conditions, other than the delivery of the Escrow Release Notice, have been satisfied on or before the Escrow Release Deadline, the Corporation shall provide written notice of same to the Agent immediately thereafter.‌ If the Escrow Release Conditions, other than the delivery of the Escrow Release Notice, have been satisfied on or before the Escrow Release Deadline, and the notice in subsection 3.1(a) has been delivered to the Agent, the Corporation: (i) shall forthwith (and in any event no later than the Business Day immediately following the Escrow Release Time) cause a notice of the same executed by the Corporation and the Agent to be delivered to the Subscription Receipt Agent (substantially in the form attached as Schedule C, the “Escrow Release Notice”) and will cause to be issued at the Escrow Release Time certificates representing the Underlying Securities for each Subscription Receipt then outstanding (subject to any applicable adjustment) in accordance with Section 3.3, and (ii) shall issue a press release disclosing that the Escrow Release Conditions have been satisfied and that the Underlying Securities have been deemed to be issued to Receiptholders. The Escrow Release Notice delivered to the Subscription Receipt Agent shall specify the amounts to be released pursuant to Section 3.2 and to whom such amounts should be released.‌
Sample 1

Related to Notice of Escrow Release Conditions

  • Release of Escrow Funds The Escrow Funds shall be paid by the Escrow Agent in accordance with the following:

  • Release of Escrowed Funds As of the date on which a reserve is released or contingent liability is eliminated (in the case of a Reserve Notice), and provided that no Change Notice has previously been issued and is still outstanding in relation to the same tax position that was the subject of the Reserve Notice, the relevant escrowed funds (along with any interest earned on such funds, and less (1) the out-of-pocket expenses incurred by the Corporation or the LLC in administering the escrow, and (2) any taxes imposed on the Corporation or the LLC with respect to any income earned on the investment of such funds) shall be distributed to the relevant Members. The portion of the relevant escrowed funds held back pursuant to clauses (1) and (2) of the immediately preceding sentences shall be distributed to the Corporation or the LLC, as applicable. If a Determination is received (in the case of a Change Notice), and if such Determination results in no adjustment in any Tax Benefit Payments under this Agreement, and provided that no Reserve Notice has previously been issued and is still outstanding in relation to the same tax position that was the subject of the Change Notice, then the relevant escrowed funds (along with any interest earned on such funds, and less (1) the out-of-pocket expenses incurred by the Corporation or the LLC in administering the escrow, and (2) any taxes imposed on the Corporation or the LLC with respect to any income earned on the investment of such funds) shall be distributed to the relevant Members. If a Determination is received (in the case of a Change Notice), and if such Determination results in an adjustment in any Tax Benefit Payments under this Agreement, and provided that no Reserve Notice has previously been issued and is still outstanding in relation to the same tax position that was the subject of the Change Notice, then the relevant escrowed funds (along with any interest earned on such funds) shall be distributed as follows: (i) first, to the Corporation or the LLC in an amount equal to (1) the out-of-pocket expenses incurred by the Corporation or the LLC in administering the escrow and in contesting the Determination and (2) any taxes imposed on the Corporation or the LLC with respect to any income earned on the investment of such funds; and (ii) second, to the relevant Parties (which, for the avoidance of doubt and depending on the nature of the adjustments, may include the Corporation or the relevant Members, or some combination thereof) in accordance with the relevant Amended Schedule prepared pursuant to Section 2.4 of this Agreement.

  • Notice to Escrow Agent Documents will be considered to have been delivered to the Escrow Agent on the next business day following the date of transmission, if delivered by fax, the date of delivery, if delivered by hand during normal business hours or by prepaid courier, or 5 business days after the date of mailing, if delivered by mail, to the following: [Name, address, contact person, fax number]

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Tenant Estoppel Certificate Please refer to the documents described in Schedule 1 hereto, (the “Lease Documents”) including the “Lease” therein described; all defined terms in this Certificate shall have the same meanings as set forth in the Lease unless otherwise expressly set forth herein. The undersigned Tenant hereby certifies that it is the tenant under the Lease. Tenant hereby further acknowledges that it has been advised that the Lease may be collaterally assigned in connection with a proposed financing secured by the Property and/or may be assigned in connection with a sale of the Property and certifies both to Landlord and to any and all prospective mortgagees and purchasers of the Property, including any trustee on behalf of any holders of notes or other similar instruments, any holders from time to time of such notes or other instruments, and their respective successors and assigns (the “Beneficiaries”) that as of the date hereof:

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