Examples of Share Escrow Agreement in a sentence
Further, the Share Escrow Agent is requested to close the Escrow Demat Account pursuant to Clause 9 of the Share Escrow Agreement.
The Event of Failure has occurred [before/after] the transfer of the Final Sold Shares to the Allottees in accordance with the Share Escrow Agreement.
To, The Share Escrow Agent The Selling Shareholders Dear Sirs, Sub: Share Escrow Failure Notice pursuant to Clause 5.3 of the share escrow agreement dated June 24, 2024, (the “Share Escrow Agreement”) Pursuant to clause 5.3 of the Share Escrow Agreement, we write to inform you that an Event of Failure has occurred in the nature of [●].
The Share Escrow Agent is requested to credit back the Escrow Shares from the Escrow Demat Account to the respective Selling Shareholder Demat Accounts in accordance with Clause 5 of the Share Escrow Agreement.