Common use of Filing For Release Clause in Contracts

Filing For Release. If Company believes in good faith that a Release Condition has occurred, Company may provide to Iron Mountain, with a copy to Amdocs, a written notice of the occurrence of the Release Condition and a request for the release of the Source Materials. In the event Amdocs disputes that a Release Condition has occurred, Amdocs will so notify Iron Mountain and Company and such dispute shall be resolved in accordance with Section 17.11, provided that escalation shall commence at level II and escalation to the Steering Committee shall not be necessary. Iron Mountain will continue to store the Source Materials without release pending (a) joint instructions from Amdocs and Company; (b) dispute resolution pursuant to Section 17.11 of the Agreement; or (c) order from a court of competent jurisdiction pursuant to Section 17.11 of the Agreement.

Appears in 2 contracts

Sources: License and Managed Services Agreement (Vonage Holdings Corp), License and Managed Services Agreement (Vonage Holdings Corp)