LG Securities definition
Examples of LG Securities in a sentence
On each Issue Date, unless the Issuer and the relevant Subscriber agree otherwise, the Subscriber's obligation to pay the Issue Price to the Issuer automatically shall be set-off against the Issuer's obligation to pay the LG Issue Price to the Subscriber for the related Tranche of LG Securities.
By: /s/ YUNG ▇▇▇ ▇▇▇▇ ---------------------------- Name: -------------------------- Title: ------------------------- EXHIBIT A ESCROW AGREEMENT ESCROW AGREEMENT ---------------- THIS ESCROW AGREEMENT is entered into as of this 10th day of October 1996, by and among Texas Biotechnology Corporation, a Delaware corporation ("TBC"), LG Chemical, Ltd., a Korean corporation ("LG Chem"), and LG Securities ("LG Securities"), with its principal offices in Seoul, Korea (the "Escrow Agent").
LG Securities is designated to act as Escrow Agent for the parties hereto under the terms of this Escrow Agreement and pursuant to the terms of the Stock Purchase Agreement, the pertinent provisions of which are incorporated herein by reference.