Share Escrow. Pledgor hereby places into escrow with the Escrow ---------- ------------ Agent (as defined below in the attached Schedule "A" Escrow Agreement) the Shares and all and every of its interest therein, and Pledgor shall immediately upon execution hereof deliver to the Escrow Agent:
Share Escrow. (a) Simultaneous with the execution of this Agreement, the Company agrees to deliver twenty million (20,000,000) shares of Common Stock to the Share Escrow Agent to be held in Escrow pursuant to the terms of the Securities Joint Escrow Instructions annexed hereto as Exhibit B.
Share Escrow. (a) Simultaneous with the execution of this Agreement, the Company agrees to deliver one hundred five million (105,000,000) shares of Common Stock to the Escrow Agent to be held in Escrow, pursuant to the terms of the Escrow Agreement.
Share Escrow. (a) At the Closing, Textura Parent shall issue in the name of Seller and deliver to Escrow Holder the Holdback Textura Shares, to be held in escrow during the Holdback Period in accordance with the terms of this Section 6.1. Within five (5) Business Days after the expiration of the Holdback Period, Escrow Holder shall, without further action or notice by Purchaser or Seller, deliver to Seller and/or the Unitholders, as applicable pursuant to Section 6.1(c), the Holdback Textura Shares; provided, that:
Share Escrow. The Escrow Shares shall be delivered by Metzxxx xx behalf of the Shareholders, pro rata in accordance with their respective Pro Rata Percentages, to the Harrxx Xxxst and Savings Bank, Chicago, Illinois, pursuant to an Escrow Agreement in the form set forth in Exhibit C attached hereto (the "ESCROW AGREEMENT") (such shares and the proceeds and products thereof, while subject to the Escrow Agreement, being referred to herein as the "ESCROW FUND").
Share Escrow. (a) On the Closing Date, Parent shall deliver, or cause to be delivered, to the Share Escrow Agent, as soon as practicable after the Closing Date, by restricted book entry at Parent’s transfer agent, the Escrow Shares registered in the name of the Share Escrow Agent for the benefit of Sellers’ Representative, which shall be held in a segregated account (the “Share Escrow Account”) administered by the Share Escrow Agent in accordance with this Agreement and the Share Escrow Agreement in order to (i) satisfy any EBITDA Shortfall or Revenue Shortfall pursuant to Section 2.5 and (ii) secure certain of the obligations of the Sellers pursuant to Section 9.2(a).
Share Escrow. LEGENDS Unvested shares issued under the Plan may, in the Plan Administrator's discretion, be held in escrow by the Corporation until the Participant's interest in such shares vests or may be issued directly to the Participant with restrictive legends on the certificates evidencing those unvested shares.
Share Escrow. (a) At the Closing, Shareholder shall deliver back to Buyer, and Buyer shall retain in its possession and hold in escrow a number of the Merger Shares having an aggregate Average Price Per Share of $50,000 (the "Withheld Shares"). Subject to the provisions of this Section 2.4 and Section 8.3 hereto, $50,000 worth of the Withheld Shares shall be retained by Buyer for a period of up to ninety (90) days following the Closing Date (the "Settlement Date") as security for Buyer's confirmation of the accuracy of each of the elements constituting the Adjustment Amount and the Closing Working Capital (including, without limitation, the actual amount of inventory as of the Closing Date, the actual liabilities of Company as of the Closing Date and the amount of accounts receivables actually collected by Buyer as of the Settlement Date), and as security for the obligations of Shareholder under Article 8 hereof.
Share Escrow. 11 2.12. Shareholders' Representative.............................. 11 3.
Share Escrow. (a) Xxxx and the Shareholders hereby designate and appoint Xxxxxxxxx, XxXxxxxxx & Xxxxxxxxx, as the escrow agent to hold and deliver the Optioned Shares and to serve as escrow agent in accordance with the terms and conditions of this Agreement. Xxxxxxxxx, XxXxxxxxx & Xxxxxxxxx hereby accepts such designation and appointment. The Shareholders shall concurrently with the execution and delivery of this Agreement, deposit the Optioned Shares, with duly executed stock powers endorsed in blank attached, with Xxxxxxxxx, XxXxxxxxx & Xxxxxxxxx or such account at a financial institution or other escrow agent designated in accordance with subsection 3.1(g) hereof for the purposes hereinafter set forth (hereinafter, together with such other securities, cash or other assets as shall be required to be escrowed as set forth in Section 4.1 hereof, the "Share Escrow").
