Stockholder Redemption. In the event a stockholder exercises his or her redemption right upon the Business Combination of the Company, following the return of the funds to said stockholder from the Funds Escrow created of even date herewith between the Company and the Escrow Agent, the Shares which are the subject of the redemption shall be cancelled.
Appears in 2 contracts
Samples: Escrow Agreement (1997 Corp), Escrow Agreement (Able One Capital Inc)
Stockholder Redemption. In the event a stockholder exercises his or her redemption right upon the Business Combination a business combination of the Company, following the return of the funds to said stockholder from the Funds Escrow created of even date herewith between the Company and the Escrow Escorw Agent, the Shares which are the subject of the redemption shall be cancelled.
Appears in 1 contract
Samples: Escrow Agreement (Sb Merger Corp)
Stockholder Redemption. In the event a stockholder exercises his or her redemption right upon the Business Combination of the Company, following the return of the funds to said stockholder from the Funds Escrow created of even date herewith between the Company and the Escrow Escorw Agent, the Shares which are the subject of the redemption shall be cancelled.
Appears in 1 contract
Samples: Escrow Agreement (Sb Merger Corp)