Closing Escrow Agreement definition

Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

Closing Escrow Agreement has the meaning set forth in Section 10.2.

Closing Escrow Agreement means the agreement between the Company, the Investors and the Escrow Agent pursuant to which securities are deposited into escrow to be held as provided in Section 6 of this Agreement. The Closing Escrow Agreement shall be in substantially the form of Exhibit B to this Agreement.

Examples of Closing Escrow Agreement in a sentence

• At each Closing, each Investor purchasing Units at such Closing shall deliver or cause to be delivered to the Company the Purchase Price set forth in its counterpart signature page annexed hereto by paying United States dollars via bank, certified or personal check which has cleared prior to the applicable Closing or in immediately available funds, by wire transfer to the Escrow Account pursuant to the Closing Escrow Agreement.

• Any such fees and expenses that remain outstanding shall be paid out of the escrow account pursuant to the Closing Escrow Agreement, prior to the release of the Purchase Price to the Company.

• At such time as 75% of the Conversion Shares have been issued upon conversion of the Notes, if the Company is not in breach of any of the Transaction Documents, all remaining funds of the Total Holdback Amount, if any, shall be released to the Company in accordance with the Closing Escrow Agreement.

• The Purchase Price for the Units shall have been delivered to the escrow agent pursuant to the Closing Escrow Agreement.

• Seller shall have executed and delivered the Post Closing Escrow Agreement and the Transitional Arrangements Agreement.

More Definitions of Closing Escrow Agreement

Closing Escrow Agreement means the Closing Escrow Agreement, dated February 3, 2011, by and among the Company, the Lead Placement Agent and the Escrow Agent.

Closing Escrow Agreement means the escrow agreement executed by each Seller, Purchaser and IHS, concurrently with the Closing, pursuant to which the Escrow Agent will hold in escrow certain Transaction Documents pending the Effective Date.

Closing Escrow Agreement means the escrow agreement, in a form to be mutually agreed upon, which shall provide for the release of all escrowed funds immediately upon the receipt of the Buyer Regulatory Approvals set forth in item “2” of Schedule “B”, as contemplated by section 2.3, such agreement to be executed and delivered on Closing, among the Vendor, YC and Saskatchewan counsel to YC (the “Closing Escrow Agent”);

Closing Escrow Agreement means the escrow agreement for deposit of the Closing Documents by and among Seller, Purchaser and Escrow Agent, in the form of Exhibit C attached hereto. ---------

Closing Escrow Agreement shall have the meaning ascribed to such term in Section 2.1(b).

Closing Escrow Agreement shall have the meaning ascribed to it in Section 8.2 hereof.

Closing Escrow Agreement means an indemnification escrow agreement substantially in the form of Exhibit 2.5 hereto.