Voluntary Escrow Agreement definition

Voluntary Escrow Agreement means the voluntary escrow agreement dated April 24, 2008 entered into by the Escrow Agent, and the Vendors, among others, pursuant to the Share Exchange Agreement;
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Voluntary Escrow Agreement means the voluntary escrow agreement entered into by the Company and the Target Vendors on Closing.
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Voluntary Escrow Agreement means the voluntary escrow agreement dated February 26, 2021, among theCompany, Odyssey Trust Company, and the holders of the Voluntary Escrowed Securities.
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Examples of Voluntary Escrow Agreement in a sentence

  • Further pursuant to the terms of a Voluntary Escrow Agreement (the "Sukkarie Escrow Agreement"), Mr. Sukkarie was required to, among other obligations, deposit his common shares of the Company into escrow.

  • Further, pursuant to the terms of a Voluntary Escrow Agreement (the "Sukkarie Escrow Agreement"), Mr. Sukkarie was required to, among other obligations, deposit his common shares of the Company into escrow.

  • The table below sets out the number of shares held by principals and certain other shareholders of the Company that are held in escrow pursuant to the Voluntary Escrow Agreement: Designation of Class Held in EscrowNumber of Securities Held in EscrowPercentage of ClassCommon Shares 15,000,000 29.62%(1)(1) Based on 50,639,878 Common Shares issued and outstanding as of October 10, 2018.

  • Subject to Completion, the number of Consideration Shares to be received by each Vendor and the number of Escrowed Shares to be escrowed pursuant to each relevant Voluntary Escrow Agreement are also set out below.

  • Each party acknowledges that this deed is made in accordance with each Voluntary Escrow Agreement.

  • Sequoia and each of the Vendors are required to enter into a Voluntary Escrow Agreement before Completion in respect of the number of 'Escrowed Shares' (as set out in Section 3.1(f) below), restricting each Vendor from encumbering, mortgaging, disposing or selling the specified number of Escrowed Shares for a period of 12 months after Completion of the InterPrac Acquisition.

  • The above-noted shares are subject to the Voluntary Escrow Agreement.

  • As a result of the Transaction 15,000,000 Common Shares of the Company are subject to the Voluntary Escrow Agreement.

  • The Consideration Shares will be quoted securities but the portion of Escrowed Shares (aggregate of 32,082,751 Shares) will be subject to a 12 month post Completion holding lock in accordance with the terms of each Voluntary Escrow Agreement to be entered into with each Vendor.

  • Escrow (cont’d) Under the Voluntary Escrow Agreement, 30% will be released on the date that is four months from the listing date, and 30% will be released every 4 months thereafter.


More Definitions of Voluntary Escrow Agreement

Voluntary Escrow Agreement means the voluntary escrow agreement dated April 13, 2018 among the Company, the Voluntary Escrow Agent and the former shareholders of Koios.
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Voluntary Escrow Agreement has the meaning set forth in Section 2.4;
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Voluntary Escrow Agreement means the voluntary escrow agreement dated September 13, 2018 among the Company, the Voluntary Escrow Agent, and the holders of the Voluntary Escrowed Securities;
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Voluntary Escrow Agreement means the voluntary escrow agreement to be entered among the Company,
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Related to Voluntary Escrow Agreement

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Indemnity Escrow Agreement means the Indemnity Escrow Agreement substantially in the form attached hereto as Exhibit B, among the Sellers, the Buyers and the Escrow Agent.

  • Closing Escrow Agreement means the Closing Escrow Agreement, dated as of the date hereof, between the Placement Agent, the Company and the Escrow Agent pursuant to which the Investors shall deposit their Investment Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder, in the form of Exhibit B hereto.

  • Escrow Agreement means the escrow agreement entered into prior to the date hereof, by and among the Company, the Escrow Agent and the Placement Agent pursuant to which the Purchasers shall deposit Subscription Amounts with the Escrow Agent to be applied to the transactions contemplated hereunder.

  • Indemnification Escrow Agreement means an agreement in substantially the form attached hereto as Exhibit B, between the Escrow Participant, the Escrow Agent and the Purchaser with respect to the Indemnification Escrow Shares to reflect the terms set forth in Section 10.3.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Call-Off Agreement means a legally binding agreement (entered into pursuant to the provisions of the Framework Agreement) for the provision of the Goods and/or Services made between a Contracting Body and the Supplier pursuant to Framework Schedule 5 (Call Off Procedure);

  • Escrow and Paying Agent Agreement means, with respect to either Class of Certificates, the Escrow and Paying Agent Agreement pertaining to such Class dated as of the date hereof between the Escrow Agent, the Underwriters, the Trustee for such Class and the Paying Agent, as the same may be amended, modified or supplemented from time to time in accordance with the terms thereof.

  • Escrow Agreements means one or more of the agreements between the Company, the Partnership and one or more of the Performance Investors, dated as of the closing of the date of the initial public offering of the common stock of the General Partner, pursuant to which the Performance Investors have deposited their Performance Shares in escrow for possible transfer to the General Partner or the Partnership (as applicable).

  • Escrow Property means the Escrow Funds and the Certificates delivered to the Escrow Agent as contemplated by Section 1(c) hereof.

  • Escrow Deposit has the meaning set forth in Section 2.1.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit M to be executed and delivered by the Borrower pursuant to pursuant to Section 6.1(a)(xi), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Escrow Funds means the Advance funds deposited with the Escrow Agent pursuant to this Agreement.

  • Escrow means any transaction in which any escrow property is delivered with or without transfer of legal or equitable title, or both, and irrespective of whether a debtor-creditor relationship is created, to a person not otherwise having any right, title or interest therein in connection with the sale, transfer, encumbrance or lease of real or personal property, to be delivered or redelivered by that person upon the contingent happening or non-happening of a specified event or performance or nonperformance of a prescribed act, when it is then to be delivered by such person to a grantee, grantor, promisee, promisor, obligee, obligor, bailee or bailor, or any designated agent or employee of any of them. Escrow includes subdivision trusts and account servicing.

  • Indemnity Escrow Amount means $3,000,000.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Indemnification Escrow Amount has the meaning set forth in Section 2.2(b).

  • Disbursement Agreement that certain Master Disbursement Agreement, dated as of , 2002, among the Borrower, the Administrative Agent and the other parties signatory thereto, as the same may hereafter be amended or modified in accordance with its terms and the terms of the Credit Agreement.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Indemnification Escrow Fund has the meaning set forth in Section 2.12(a).

  • Escrowed Funds Has the meaning, with respect to any Trust, specified in Section 2.02(b).

  • Qualified escrow fund means an escrow arrangement with a federally or state-chartered financial institution having no affiliation with any tobacco product manufacturer and having assets of at least one billion dollars where such arrangement requires that such financial institution hold the escrowed funds’ principal for the benefit of releasing parties and prohibits the tobacco product manufacturer placing the funds into escrow from using, accessing, or directing the use of the funds’ principal except as consistent with section 453C.2, subsection 2, paragraph “b”.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.

  • Termination Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Demand.

  • Escrow Fund means the escrow fund established pursuant to the Escrow Agreement.