Escrow Release Notice definition

Escrow Release Notice means a written notice in substantially the form set out in the schedules to the Subscription Receipt Agreement executed by the Corporation and the Investor confirming that the Escrow Release Conditions have been satisfied or waived in accordance with the Subscription Receipt Agreement;

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Escrow Release Notice means a written notice in substantially the form set out in Schedule “C” attached hereto executed by the Corporation and the Co-Lead Agents confirming that paragraphs (a), (b), (c) and (d) of the Escrow Release Conditions have been satisfied or waived in accordance with this Agreement;

Escrow Release Notice has the meaning attributed thereto in Section 3.1;

Examples of Escrow Release Notice in a sentence

The Corporation further acknowledges and confirms that it has no interest in the Escrowed Funds unless and until the Escrow Release Notice is delivered to the Subscription Receipt Agent (at or before the Escrow Release Deadline).
Upon satisfaction of the covenants and conditions set forth in Sections 2.2 and 2.3, the Closing shall occur at the offices of EGS or such other location as the parties shall mutually agree and the Placement Agent shall deliver to the Escrow Agent the Form of Escrow Release Notice (as defined in the Escrow Agreement), duly executed.
The Escrow Agent shall effect such transfer by the close of business on the date the Escrow Agent receives the applicable Escrow Release Notice; provided, however, if the Escrow Agent receives the applicable Escrow Release Notice after 2pm Central Time, then the Escrow Agent shall effect such transfer by the close of business on the next succeeding business day.
If the Escrow Release Notice is delivered to the Subscription Receipt Agent at or before the Escrow Release Deadline, the Subscription Receipt Agent will release the Escrowed Funds in accordance with Section 6.3 hereof.
The Escrow Agent shall effect such transfer within one business day from the date the Escrow Agent receives the applicable Escrow Release Notice; provided the Escrow Agent shall have no obligation to make disbursements hereunder until after it has received an executed and valid IRS Form W-9 executed by the party receiving the disbursement.

More Definitions of Escrow Release Notice

Escrow Release Notice means a joint notice from Seller and Purchaser to the Escrow Agent prepared and executed in accordance with the Escrow Agreement instructing the Escrow Agent to release funds from Escrow.

Escrow Release Notice means the notice provided to the Escrow Agent, substantially in the form set forth in Schedule 3.1(a), executed by the Corporation and the Lead Underwriters on behalf of the Underwriters, certifying the Escrow Release Condition has been satisfied.

Escrow Release Notice has the meaning given to such term in the Subscription Receipt Agreement;

Escrow Release Notice means the notice to be provided to the Subscription Receipt Agent and the Investor, substantially in the form set forth in Schedule 3.1(a), executed by the Corporation, certifying that the Escrow Release Conditions have been satisfied (or in respect of the satisfaction or waiver of the escrow release conditions under the Other Investor Subscription Receipt Agreement, are expected to be satisfied substantially concurrently therewith and that the Corporation has no reason to believe they will not be satisfied) and the Acquisition Closing Time is scheduled to occur on or prior to 11:59 pm (Montreal time) on the Outside Date, and indicating the scheduled Acquisition Closing Time. Extraordinary Resolution has the meaning ascribed thereto in Section 8.11(a) and Section 8.14.

Escrow Release Notice means a notice delivered by the Company to the Escrow Agent confirming satisfaction of the Escrow Conditions”;

Escrow Release Notice means a written notice executed by the Company confirming that the Escrow Release Conditions have been satisfied or waived in accordance with the Subscription Receipt Agreement.

Escrow Release Notice shall have the meaning ascribed to it in the Escrow Agreement.