Examples of Final Escrow Release Date in a sentence
Notwithstanding anything to the contrary contained herein, all Escrow Shares remaining in escrow following the Final Escrow Release Date in excess of the Escrow Shares necessary to satisfy any timely filed claim for indemnification shall be released and delivered to the Persons entitled to them on such date.
The Escrow Agreement shall provide that the remaining balance of funds in the Escrow Account on the General Escrow Release Date and the remaining balance of funds in the Escrow Account on the Final Escrow Release Date shall be released to the Company Securityholders as specified in Section 8.7. The fees and expenses of the Escrow Agent under the Escrow Agreement shall be borne by Acquiror.
The escrow period (the "Escrow Period") for the Parent Shares shall begin on the date hereof and shall terminate on the earlier of (i) the Final Escrow Release Date, as defined in Section 2.3. or (ii) the date of release under the terms hereof of the last of the Parent Shares.
The Final Escrow Release Date may be extended or shortened by a notice signed by Licensees Representatives and Clearwire and delivered to Escrow Agent in accordance with Section 4.1 hereof.
Upon the Final Escrow Release Date, the Escrow Agent shall promptly distribute the remaining Parent Shares and any Additional Escrow to Clearwire.