Examples of Stock Escrow Amount in a sentence
It is further proposed that shortly after the Post-Consolidation New Ordinary Shares have been issued to the New Employee Benefit Trust and have been admitted to trading on AIM, the New Employee Benefit Trust will grant the One-Off Award to Mike McTighe over such number of Post-Consolidation New Ordinary Shares held by the New Employee Benefit Trust as represents 2 per cent.
Notwithstanding anything to the contrary in the other provisions of this Article 1, Acquirer shall withhold from the Merger Consideration, and cause to be deposited with the Escrow Agent pursuant to Section 8.1, the Cash Escrow Amount and the Stock Escrow Amount.
The Contractor shall meet with subcontractors and suppliers prior to each progress meeting.
The Escrow Agent shall have no liability for any damage to the Stock Escrow Amount, including damage caused by environmental conditions, such as heat or moisture, or by exposure to magnetic materials.
At the Closing, Buyer shall deposit the Cash Escrow Amount and Buyer shall deposit the Stock Escrow Amount, in each case, with the Escrow Agent.