Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / escrow-agreement-execution.docx
escrow-agreement-execution.docx
Parties
Hong Kong SA
Harkness LLP
Firth LLP
M. Fremont
Penterra Pharmaceuticals Corp
M. Firth
Federal Deposit Insurance Corp
Road Central Hong Kong SA
Dates
October 2, 2023
October 9, 2023
October 20, 2023
October 6, 2023
October 5, 2023
Amounts
$18,000,000
$120,000,000
$32,000,000
$25,000,000
$45,000,000
$15,000
$2,500
Obligations
The Closing shall be deemed to have occurred upon the satisfaction or waiver of all Closing Conditions in accordance with the License Agreement
3 "Effective Date" shall mean the date on which all Closing Conditions have been satisfied or waived, being the actual closing date of the License Agreement
4 "Escrow Account" shall mean the segregated, interest-bearing trust account established and maintained by Escrow Agent at Velthorn National Bank, N
6 "Escrow Funding Date" shall mean the date on which Depositor deposits, or causes to be deposited, the Escrow Amount into the Escrow Account, which date shall be no later than October 6, 2023
8 "License Agreement" shall mean that certain Exclusive License Agreement, dated as of October 2, 2023, by and between Penterra Pharmaceuticals Corp
9 "Escrow Funds" shall mean the Escrow Amount, together with any and all interest, earnings, income, and other amounts accrued or earned thereon while held in the Escrow Account