ESCROWED PURCHASER SHARES

ESCROWED PURCHASER SHARES. Shall mean the shares of Purchaser Series A Preferred Stock at any time represented by the Escrow Certificates delivered to the Escrow Agent as provided in Section 3 and any other securities received by the Escrow Agent as provided in Section 7 hereof. For all purposes of this Agreement, the value of any Escrowed Purchaser Shares shall be equal to their aggregate liquidation preference (which the parties hereto agree is equal to $1,000 per ... Escrowed Purchaser Share), excluding any portion of such liquidation preference in respect of accrued but unpaid dividends. View More