Escrow Release Conditions definition

Escrow Release Conditions has the meaning set forth in the Escrow Agreement.

Escrow Release Conditions has the meaning ascribed to that term in the Subscription Receipt Agreement;

Escrow Release Conditions means, collectively, each of the following conditions (which conditions may be waived by the Investor in its sole discretion):

Examples of Escrow Release Conditions in a sentence

• Upon the earlier of (i) the satisfaction of the Escrow Release Conditions (at or before the Escrow Release Deadline) and the issuance of the Underlying Shares required to be issued in compliance with Section 4.1 hereof, and delivery by the Subscription Receipt Agent of the Escrowed Funds as provided for in Section 6.3 hereof, and (ii) the Termination Payment Time as provided for in Section 6.4 hereof, this Agreement shall cease to be of further effect.

• If the Escrow Release Conditions have been satisfied on or before the Escrow Release Deadline, the Corporation shall forthwith cause a certificate regarding same, executed by the Chief Executive Officer and the Chief Financial Officer of the Corporation (or such other officers as may be acceptable to the Lead Agent), to be delivered to the Lead Agent requesting release of the Escrowed Funds pursuant to this Agreement.

• If the certificate set forth in Section 4.1(1) hereof has been delivered to the Lead Agent and the Escrow Release Conditions have been satisfied (or waived in accordance with the terms of this Agreement) on or before the Escrow Release Deadline, the Corporation and the Lead Agent shall as soon as reasonably practicable thereafter deliver to the Subscription Receipt Agent the Escrow Release Notice, executed by the Corporation and the Lead Agent.

More Definitions of Escrow Release Conditions

Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

Escrow Release Conditions means the delivery by the Administrative Agent of the Payment Instruction (as defined in the Escrow Agreement) to the Escrow Agent on the Escrow Funding Date directing the Escrow Agent to release the funds from the Escrow Account.

Escrow Release Conditions means the occurrence of each of the following events:

Escrow Release Conditions means the following conditions:

Escrow Release Conditions means each of the following conditions, which conditions may be waived in whole or in part jointly by the Company and the Lead Agent:

Escrow Release Conditions means, collectively, the conditions set forth in Section 3.3 hereof.

Escrow Release Conditions means (i) for each Aleris Incremental Term Lender that has deposited funds into the Escrow Account as of the Escrow Release Time, the Escrow Agent has internally confirmed receipt of such funds from such Aleris Incremental Term Lender, (ii) the Administrative Agent and the Escrow Agent has received an Escrow Drawdown Request complying with the terms of, and within the time period required by, clause (e) above (as the same may be supplemented pursuant to clause (e)(i) and the last paragraph of clause (e) above), and (iii) the conditions precedent set forth in Section 4.03 are satisfied no later than 3:00 p.m. London Time on the Aleris Incremental Funding Date. For the avoidance of doubt, if on the Aleris Incremental Funding Date the Escrowed Amounts are less than the amount originally requested to be funded pursuant to the original Escrow Drawdown Request, then, to the extent that the foregoing conditions in this clause (f) have been satisfied, the Designated Company may proceed with the funding of the then-available Escrowed Amounts by complying with the proviso in clause (e)(i) above.