Common use of Release of Escrow Securities Clause in Contracts

Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 269 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

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Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments instalments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 29 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing release date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing release date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing release date.

Appears in 5 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

Release of Escrow Securities. (1a) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2b) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3c) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was had been an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 3 contracts

Samples: Escrow Agreement (BE Resources Inc.), Escrow Agreement (BE Resources Inc.), Escrow Agreement (BE Resources Inc.)

Release of Escrow Securities. (1a) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2b) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3c) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 3 contracts

Samples: Escrow Agreement (Nutritional High International Inc), Escrow Agreement (Nutritional High International Inc), Escrow Agreement

Release of Escrow Securities. (1) When If an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement, Escrow Agreement

Release of Escrow Securities. (1) 3.2.1 When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) 3.2.2 If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) 3.2.3 If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months month or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Release of Escrow Securities. (1) When an emerging issuer the Issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer the Issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer the Issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments instalments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 2 contracts

Samples: Escrow Agreement, Escrow Agreement

Release of Escrow Securities. (1) When an emerging issuer becomes an established issuerissuer and the escrow securities are subject to Release Schedule 2, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities subject to Release Schedule 2 will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities subject to Release Schedule 2, that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities that were subject to Release Schedule 2 will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement

Release of Escrow Securities. (1) When an emerging issuer If the Issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer the Issuer becomes an established issuer 18 months or more after its listing the closing date, all escrow securities will be released immediately. (3) If an emerging issuer the Issuer becomes an established issuer within 18 months after its listing the closing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing closing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing closing date.

Appears in 1 contract

Samples: Unit Contribution and Sale Agreement

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Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing datelistingdate, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments instalments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement

Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing itslisting date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement

Release of Escrow Securities. (1a) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2b) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3c) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments instalments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement (Northwestern Mineral Ventures Inc.)

Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to at that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement

Release of Escrow Securities. (1) . When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (2) . If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) . If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement (Oragenics Inc)

Release of Escrow Securities. (1) When an emerging issuer becomes an established issuer, the release schedule for its forits escrow securities changes. (2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement

Release of Escrow Securities. (( 1) When an emerging issuer becomes an established issuer, the release schedule for its escrow securities changes. (( 2) If an emerging issuer becomes an established issuer 18 months or more after its listing date, all escrow securities will be released immediately. (( 3) If an emerging issuer becomes an established issuer within 18 months after its listing date, all escrow securities that would have been released to that time, if the Issuer was an established issuer on its listing date, will be released immediately. Remaining escrow securities will be released in equal installments on the day that is 6 months, 12 months and 18 months after the listing date.

Appears in 1 contract

Samples: Escrow Agreement

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