The Escrow Deposit. Escrow Agent shall hold the Escrow Funds until all funds have been disbursed in accordance with this Agreement (the “Term”) for the benefit of the Buyer. The Escrow Funds shall be deposited into the Escrow Account by the Company and the Buyer as set forth in the Securities Purchase Agreement. Upon each deposit into the Escrow Account, the Buyer shall provide to the Escrow Agent a completed Monitoring Fee Schedule in the form attached hereto as Exhibit A (a “Monitoring Fee Schedule”) with respect to such deposit into escrow setting forth the date and amount of such deposit and the schedule of disbursements to be made from escrow.
The Escrow Deposit. 1.2.1. On the date hereof, Shareholders have caused the Shares to be transferred to the separate securities accounts of the Escrow Agent set forth in Annex C attached hereto (together with any dividends thereon, the "Escrow Deposit").
The Escrow Deposit. 1.2.1. On the execution date of this Agreement, the Shareholders shall provide the Escrow Agent with the information and documents as detailed in Exhibit E.
The Escrow Deposit. Escrow Agent shall hold and release the Escrow ------------------ Shares as follows:
The Escrow Deposit. Escrow Agent shall hold and release the First Certificate and the Second Certificate as follows:
The Escrow Deposit. Escrow Agent shall hold and release the ACC Shares as follows:
The Escrow Deposit. Escrow Agent shall hold and release the -------------------- Xxxxxxxx Funds, Xxxxxxxx Shares, Xxxxxx Funds, Xxxxxx Shares, Xxxxxx Shares, and the Xxxxxx Shares (collectively, the "Deposited Assets") as follows:
The Escrow Deposit. Pursuant to Section 1.2 of the Investment Agreement, simultaneously with each Purchaser’s execution of the Investment Agreement, each Purchaser (other than a Section 1.2(c) Purchaser, a Section 1.2(d) Purchaser (each as defined in the Investment Agreement) and any Purchaser that has agreed with the Company to deposit less than the full amount of its Purchase Price at such time (collectively, the “Alternative Arrangement Purchasers”) is delivering cash equal to the full amount equal to the Purchase Price for the number of Shares to be purchased by such Purchaser in the total Non-Contingent Offering and Contingent Offering of $250 million of Shares (less amounts not required to be deposited by the Alternative Arrangement Purchasers), by wire transfer of immediately available funds, directly to the Escrow Agent pursuant to the wire instructions listed on Schedule A hereto (the “Escrow Deposit”). The Escrow Agent shall deposit the Escrow Deposit into an account (the “Escrow Account”) and hold the Escrow Deposit and all net interest and other amounts earned thereon, if any, (collectively, the “Escrow Fund”) in the Escrow Account to be disbursed as provided herein.
