Transfer upon Bankruptcy. In the event of bankruptcy of a Security Holder, the Securities of the Security Holder may be transferred within escrow to the trustee in bankruptcy or other person legally entitled to such Securities, provided that:
Appears in 7 contracts
Samples: Escrow Agreement, Escrow Agreement (Jenex CORP), Escrow Agreement (Sonic Environmental Solutions Inc/Can)
Transfer upon Bankruptcy. In Notwithstanding subsection 8.1, in the event of bankruptcy of a Security Holder, the Securities of the Security Holder may be transferred within escrow to the trustee in bankruptcy or other person legally entitled to such Securities, provided that:
Appears in 5 contracts
Samples: Escrow Agreement, Agreement, Escrow Agreement (Jenex CORP)
Transfer upon Bankruptcy. In the event of bankruptcy of a Security Holder, the Securities of the Security Holder may be transferred within escrow to the trustee in bankruptcy bankuptcy or other person legally entitled to such Securities, provided that:
Appears in 1 contract
Samples: Surplus Security Escrow Agreement (Dynasty Gaming Inc)
