Conditional Release. In the event of termination under subsections 11.6.1, 11.6.2, or 11.6.3, Licensee will be released from any future obligations under this Agreement or any future obligations under any Approved Design, if terminated, provided however, that Licensee shall remain obligated for all obligations that arose prior to such termination.
Conditional Release. In the event of termination under subsections 8.5.1, 8.5.2, and 8.5.3, Lessee will be released from any future obligations under this Agreement, if terminated, or under any Network Specification if terminated, provided however, that Lessee shall remain obligated for all obligations that arose prior to such termination.
Conditional Release. Any release, discharge or settlement between the Bank and the Customer shall be conditional upon no security, disposition or payment to the Bank by the Customer or any other person being avoided, set aside, reduced or required to be repaid pursuant to any provisions or enactments relating to bankruptcy, liquidation, winding-up, insolvency or circumstance analogous to the foregoing events (whether or not having the force of law) and, in any such event, the Bank shall be entitled to recover the value or amount of any such security or payment from the Customer by enforcing this Agreement as if such release, discharge of settlement had not occurred and any such payment had not been made.
Conditional Release. Subject to strict adherence to the terms and conditions contained in this Amendment, if an Event of Default has not occurred on or before December 31, 2000, BDEX agrees to execute and deliver to ARO a release of the obligation evidenced by the Replacement Note. All liens created pursuant to the Loan Documents and this Agreement shall remain in effect after release of the Replacement Note to secure the performance by ARO of its obligations under the Note Purchase Agreement. Provided that no Event of Default has occurred, BDEX shall, on December 31, 2001, release the liens created pursuant to the Loan Documents and this Agreement. Time is of the essence with respect to the satisfaction of the obligations and requirements set forth in this Amendment. Any right to a release created by this Amendment terminates immediately upon the occurrence of an Event of Default. No credit against or discount on the Replacement Note shall be earned by partial performance of the requirements.
Conditional Release. When this law enters into force, the persons referred to in Articles 14, 15, 16, 21 and 28 of this law who are imprisoned, including those who have been convicted of the crimes contemplated in Articles 22 and 23, will be granted conditional release provided that they have signed the undertaking contemplated in the following article.
Conditional Release. (a) Upon actual receipt of the Payoff Amount, the Holders hereby irrevocably and unconditionally release the Company and its past, present and future officers, directors, agents, consultants, employees, representatives, and insurers, as applicable, together with all successors and assigns of any of the foregoing (collectively, the “Company Released Parties”), of and from all claims, demands, actions, causes of action, rights of action, contracts, controversies, covenants, obligations, agreements, damages, penalties, interest, fees, expenses, costs, remedies, reckonings, extents, responsibilities, liabilities, suits, and proceedings of whatsoever kind, nature, or description, direct or indirect, vested or contingent, known or unknown, suspected or unsuspected, in contract, tort, law, equity, or otherwise, under the laws of any jurisdiction, that the Holders and their predecessors, legal representatives, successors or assigns, ever had, now have, or hereafter can, shall, or may have, against the Released Parties, including but not limited to the Convertible Notes and Warrants, jointly or severally, for, upon, or by reason of any matter, cause, or thing whatsoever through the date of this Agreement. Upon actual receipt of the Payoff Amount, the Holders agree that they will not pursue, file or assert or permit to be pursued, filed or asserted any civil action, suit or legal proceeding seeking equitable or monetary relief (nor will it seek or in any way obtain or accept any such relief in any civil action, suit or legal proceeding) in connection with any matter concerning its relationship with the Company and/or the Convertible Debentures and/or the Warrants with respect to all of the claims released herein arising through the date of execution of this Agreement (whether known or unknown to it and including any continuing effects of any acts or practices prior to the date of execution of this Agreement). Upon actual receipt of the Payoff Amount, the Holders acknowledge that they are not entitled to any other payments or benefits of any kind.
Conditional Release. Any release, settlement, discharge, re-assignment or arrangement (in this Paragraph 3 a "RELEASE") given or made by the Security Trustee on the faith of any assurance, security or payment shall be conditional on that assurance, security or payment not being avoided, reduced or ordered to be repaid under any enactment relating to liquidation, bankruptcy or insolvency. If such avoidance or reduction occurs or such order is made, the release given by the Security Trustee shall not prejudice the right of the Security Trustee to enforce the security granted pursuant to this Agreement in respect of the Secured Liabilities and as between the Chargor and the Security Trustee this security shall (notwithstanding the release) be deemed to have remained at all times held by the Lenders as security for the Secured Liabilities.
Conditional Release. Notwithstanding subsection (b) above, Amgen may ship Materials under conditional release. If Amgen ships Materials to PD under conditional release, PD shall Process said Materials at Amgen's written request. PD shall have no liability for such Materials (other than to store such Materials in a reasonable manner) until PD has received written notice from Amgen that such Materials comply with all applicable quality standards or specifications. In the event such notice is not received by PD within (i) twenty-eight (28) days of receipt by PD of commercial Materials or (ii) ninety (90) days of receipt by PD of clinical Materials or if Amgen notifies PD that the Materials (commercial or clinical) fail to comply with such standards and specifications, PD shall return such Materials to Amgen at Amgen's cost. In no event will Amgen deliver to PD materials under conditional release which may cause damage to the Facility.
Conditional Release. Notwithstanding Clauses 5 and 7, Amarin shall:
Conditional Release. Any release, discharge or settlement between the Guarantor and the Agent or the Finance Parties in relation to this Guarantee shall be conditional upon no right, security, disposition or payment to the Agent or any of the Finance Parties or by the Borrower or any other person being void, set aside or ordered to be refunded pursuant to any enactment or law relating to breach of duty by any person, bankruptcy, liquidation, administration, protection from creditors generally or insolvency or for any reason. If any such right, security, disposition or payment is void or at any time so set aside or ordered to be refunded the Agent shall be entitled subsequently to enforce this Guarantee against the Guarantor notwithstanding any return of this Guarantee to the Guarantor and as if such release, discharge or settlement had not occurred and any such security, disposition or payment had not been made.
