Examples of Release Conditions in a sentence
Each Subscription Receipt will entitle the holder thereof to receive upon satisfaction of the Escrow Release Conditions (as defined herein) and without payment of additional consideration or further action, one unit of the Corporation (a “Unit”).
The representations, warranties, covenants and agreements of the Agents herein contained shall survive the Closing and, notwithstanding such Closing or any investigation made by or on behalf of the Corporation with respect thereto, shall continue in full force and effect for the benefit of the Corporation until the second anniversary of the satisfaction of the Escrow Release Conditions.
During the period commencing on the date of this Agreement and ending at the earlier of: (i) the Escrow Release Deadline; and (ii) the satisfaction or waiver (to the extent such waiver is permitted) of the Escrow Release Conditions, the Corporation will promptly notify the Agents in writing if any of the representations or warranties made by the Corporation in this Agreement are no longer true and correct.
The Corporation will promptly provide the Lead Agent with drafts of any Preliminary Prospectus, Final Prospectus, Stock Exchange listing applications/statements and any other material ancillary documents and shall keep the Lead Agent reasonably informed from time to time, of the status of the IPO and timing in respect of satisfying the Escrow Release Conditions.
Each Special Warrant will entitle the holder thereof to receive, without payment of any further consideration or any further action on the part of the holder, and subject to adjustments in certain circumstances as set out herein and in the Special Warrant Indenture, one Unit upon the earlier of (a) the Lead Agent being satisfied, in its sole discretion that the Escrow Release Conditions have been satisfied, and (b) the Escrow Release Deadline (the “Liquidity Date”).