Conditions for Release. (i) Before depositing property or securities with the Indenture Trustee that is to be made the basis for the release of any Collateral subject to the Lien of this Indenture, the Issuer will furnish to the Indenture Trustee (A) an Officer’s Certificate stating the opinion of each Responsible Person signing the certificate about the fair value (within 90 days before the deposit) to the Issuer of the property or securities to be so deposited and (B) an Independent Certificate about the same matters, if the fair value to the Issuer of the securities to be so deposited and of other securities withdrawn or released since the start of the then-current year, as stated in the certificates required by clause (A) and this clause (B), is 10% or more of the Note Balance of the Notes Outstanding, except that an Independent Certificate need not be furnished for property or securities so deposited if the fair value of the property or securities to the Issuer as stated in the related Officer’s Certificate is less than $25,000 or less than 1% of the Note Balance of the Notes.
Conditions for Release. 6.1 The material held in escrow shall be released to the Customer, if the Supplier or any other party whose obligations this Escrow Agreement shall ensure as specified in Appendix 1 and Appendix 2 fails to perform their contractual obligations.
Conditions for Release. The release of the guarantees and security referred to in clause 22.1 and 22.2 above shall only occur if:
Conditions for Release. Notwithstanding anything to the contrary set forth in this Agreement or the other Loan Documents, Adjacent Borrower shall have the right, without the prior consent of Lender and without violating the Loan Documents, to (1) sell one or more portions of the Release Parcel (each, including the entire Release Parcel, a “Partial Release Parcel”) either to a bonafide third party purchaser (a “Bonafide Release Parcel Purchaser”) or to an Affiliate of Borrower or any other Restricted Party (an “Affiliate Release Parcel Purchaser”; and together with a Bonafide Release Parcel Purchaser, individually, a “Release Parcel Purchaser”), or (2) refinance one or more Partial Release Parcels (each of the foregoing, including a sale or refinancing of the entire Release Parcel, a “Release Parcel Sale”, it being agreed that, for purposes of this Section 2.5.1, a refinancing of a Partial Release Parcel, including the entire Release Parcel, shall be treated as a Release Parcel Sale thereof to an Affiliate Release Parcel Purchaser), and obtain a release of such Partial Release Parcel from the Liens of the Mortgage and the other Loan Documents encumbering such Partial Release Parcel, provided that all of the following conditions shall be satisfied with respect to each such Release Parcel Sale:
Conditions for Release. As consideration for the release to recipient of Focus and the technical assistance provided by DRCOG described below, the recipient agrees to all terms and conditions of release described in this Release Agreement.
Conditions for Release. Notwithstanding anything to the contrary set forth in this Agreement or the other Loan Documents, in the event that IP Borrower shall desire to sell the IP (in whole but not in part) (an “IP Sale”), to either a bonafide third party purchaser (a “Bonafide IP Purchaser”) or to an Affiliate of Borrower or any other Restricted Party (an “Affiliate IP Purchaser”; and together with a Bonafide IP Purchaser, individually, an “IP Purchaser”), IP Borrower shall have the right, without the prior consent of Lender and without violating the Loan Documents, to sell the entire IP and obtain a release of the IP from the Liens of the Mortgage and the other Loan Documents encumbering the IP, provided that all of the following conditions shall be satisfied with respect to such IP Sale:
Conditions for Release. The Escrowed Property shall remain in the Escrow Account pursuant to the terms hereof until:
Conditions for Release. Conditions for the release of the financial guarantee are as follows:
Conditions for Release. (i) Before depositing property or securities with the Indenture Trustee that is to be made the basis for the release of any Collateral subject to the Lien of this Indenture, the Issuer will furnish to the Indenture Trustee (A) an Officer’s Certificate stating the opinion of each Responsible Person signing the certificate about the fair value (within 90 days before the deposit) to the Issuer of the property or securities to be so deposited and
Conditions for Release. As consideration for the technical assistance provided by XXXXX described below, the recipient agrees to the conditions of release described herein. The recipient, designee or consultant is responsible for purchase and maintenance of TransCAD from the Caliper Corporation. The recipient designee or consultant agrees to abide by all copyright use restrictions, and other conditions of sale of TransCAD by the Caliper Corporation. The recipient will not distribute Compass to any party without the express written permission of DRCOG. Parties interested in using Compass will be referred directly to DRCOG. The recipient will not make any changes to Compass parameters without first soliciting and receiving the consent of DRCOG. Such consent is not implied by this release agreement. To the extent permitted by law, the recipient shall indemnify and hold harmless DRCOG, its officers, employees and agents, against any and all claims, damages, liability and court awards, including all costs, expenses, and attorney's fees, incurred as a result of the recipient's use of Compass. The recipient, designee, or consultant agrees to limit the use of the travel model to the development of PROJECT NAME HERE. At DRCOG’s option, all results of the modeling will be submitted to the DRCOG for review and concurrence before release of the results to any other parties. DRCOG will, at its option, re-run any of the recipient’s models to verify proper use of the travel model.
