Escrow Securities definition
Escrow Securities means (1) direct noncallable obligations of the United States, including obligations that are unconditionally guaranteed by the United States; (2) noncallable obligations of an agency or instrumentality of the United States, including obligations that are unconditionally guaranteed or insured by the agency or instrumentality and that, on the date of hereof, are rated as to investment quality by a nationally recognized investment rating firm not less than “AAA” or its equivalent; and (3) noncallable obligations of a state or an agency or a county, municipality, or other political subdivision of a state that have been refunded and that, on the date hereof, are rated as to investment quality by a nationally recognized investment rating firm not less than “AAA” or its equivalent.
Escrow Securities means the Common Shares held by the directors, officers and insiders on the Listing Date that will be deposited or voluntary deposited in escrow or a voluntary pooling arrangement pursuant to the Escrow Agreement or a voluntary pooling agreement, as applicable;
Escrow Securities means, collectively, (a) the Escrow Shares; and (b) the Escrow Warrants.
Examples of Escrow Securities in a sentence
If you are not an individual, you will also complete, execute and deliver to the Exchange an Undertaking of Holder of Escrow Securities that is Not an Individual in the form attached as Schedule C.
More Definitions of Escrow Securities
Escrow Securities means any Debt of the Borrower or any Subsidiary secured by a Lien described under Section 8.02(s).
Escrow Securities means the securities that may be held in escrow pursuant to the Escrow Agreement.
Escrow Securities means the Escrow Shares and the shares of common stock into which the Escrow Shares are convertible.
Escrow Securities means the securities subject to the Escrow Agreement.
Escrow Securities means the securities described in Exhibit II.
Escrow Securities means the direct noncallable obligations of the United States of America described in Exhibit II hereto.
Escrow Securities means the Units that are held in escrow pursuant to the CSE Escrow Agreement. “Excepted Holder Limits” has the same meaning as in the Declaration of Trust.