Payment and Release Sample Clauses

Payment and Release. If you give any notice to us pursuant to Clause 4.2 (Disposal of Allotted Securities) of this Schedule, you shall pay to us at the time of giving such notice or otherwise on demand all amounts owing to us in connection with the relevant Application (including all fees, charges and expenses specified by any Relevant Person). We are not obliged to release to release to you the certificates relating to the Allotted Securities, or to procure the Allotted Securities to be credited to your account, unless and until all amounts owing to us have been received in full to our satisfaction.

Payment and Release. The Holder agrees: (i) to accept the Settlement Amount on the Closing Date in full discharge and satisfaction of all claims (whether for principal, interest, overdue interest, fees, expense reimbursement or any other amounts of whatever description) it may have under or in respect of the Bonds and any court judgment or arbitral award issued in respect of the Bonds; (ii) in consideration for payment of the Settlement Amount to the Holder on the Closing Date on a “delivery versus payment” basis, to transfer the Bonds to such account in Argentina as the Republic may direct, free and clear of any liens, charges, claims, encumbrances, interests, rights of third parties and restrictions of any kind; and (iii) on or prior to the Closing Date, to deliver to the Republic fully executed instruments reasonably acceptable to the Republic dismissing (with prejudice) any pending litigation or arbitral proceedings relating to the Bonds or, in the case of court judgments or arbitral awards rendered in respect of the Bonds, evidencing the satisfaction in full of the relevant judgment or award. Following the closing, the Holder hereby authorizes the Republic (or its legal counsel) to file appropriate documents with any administrative body, court, tribunal or other body before which any such proceedings are pending or that has issued or recognized any payment order, judgment, arbitral award or other such order in respect of the Bonds in order to have the proceedings withdrawn, dismissed and discontinued with prejudice.

Payment and Release. The Company shall have received an executed general ------------------- release in the form attached hereto as Exhibit D from ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ in --------- consideration of the payment of $6,213,173 concurrently with the closing of the purchase and sale of the Preferred Shares under this Agreement and the funding pursuant to the Bank Financing Agreement.

Payment and Release. 4 4.8 Closing of Stock Redemption.....................................4 4.9 Stockholders' Agreement.........................................5 4.10 Employment and Non-Competition Agreements.......................5 4.11

Payment and Release. Upon satisfactory completion of the Work, the City will provide Consultant a written statement accepting all deliverables. Acceptance of the final payment shall constitute a release in full of all claims against the City arising from or by reason of the Work, with the exception of any pending claims for additional compensation that have been documented and filed as required by this Agreement.

Payment and Release. Notwithstanding any other provision of this Agreement, the payments and benefits contemplated by Sections 9.1, 9.3, 9.4, 9.5, 9.6 and 9.7 are conditioned on, and made in consideration for, the execution and delivery by Employee (or, in the case of Section 9.1, by the executor, legal representative or administrator of Employee’s estate) of a general and mutual release of claims in substantially the form attached hereto as Exhibit I within 45 days following the cessation of Employee’s employment (the “Release”). The payments and benefits contemplated by those sections will be paid or provided (or will commence to be paid or provided) within 60 days following cessation of Employee’s employment (subject to any delay required by Section 24), provided the Release has been timely delivered and has not been revoked.

Payment and Release. The right to payment of any Retention Benefits or Office Closure Severance Benefits (each, a “Benefit”) will be contingent on the timely execution and delivery of a waiver and release in a form acceptable to and provided by the Company (the “Release”) and your non-revocation of the Release. The lump sum cash portion of any Benefit will be payable to you within 14 days following the Release becoming irrevocable, subject to your execution and delivery of the Release by the 50th day following the date of your termination of employment or the Retention Date, as applicable. If you fail to timely execute the required Release as prescribed above or you revoke the Release during any applicable revocation period, you will not be eligible to receive payment of any portion of your Benefit and it will be forfeited in full. COBRA Retention payments will be payable as set forth under Section 1(b) above; provided that no COBRA Retention payments will be made prior to delivery of the Release and expiration of the revocation period in relation thereto. In the event that payments are due under 1(b) prior to delivery of the Release and expiration of the revocation period, they will be provided as reimbursements to you on the first payroll date that occurs after your delivery of the Release and expiration of the revocation period in relation thereto.

Payment and Release. If the Client gives any notice to the Company or its nominee pursuant to Clause 4.2 (Disposal of Allotted Securities) of this Appendix, the Client shall pay to the Company or its nominee at the time of giving such notice or otherwise on demand all amounts owing by the Client to the Company or its nominee in connection with the relevant Application (including all fees, charges and expenses specified by any Relevant Person). The Company is not obliged to release or procure its nominee to release to the Client the certificates relating to the Allotted Securities, or to procure the Allotted Securities to be credited to the Client's specified account, unless and until all amounts owing by the Client to the Company and its nominee have been received in full by them to their satisfaction.

Payment and Release. The Producer shall pay the County the sum of ONE HUNDRED THOUSAND DOLLARS ($100,000.00 CAD), together with any fees related to permits, by way of certified cheque or bank draft at the time the Producer applies for its permits on account of the Project. Upon receipt of all applicable permits and consents referenced herein for the use of the Highways, the Producer shall pay the sum of TWO HUNDRED AND FIFTY THOUSAND DOLLARS ($250,000 CAD) to the County, by way of certified cheque or bank draft, which sum shall be paid immediately after the issued permits and consents are provided to the Producer, and in any event before any Loads are transported across the Highways. In consideration therefor, the County will release, acquit, [1653016/1] 217616/483082 MT DOCS 17484360v3 and forever discharge, without qualification or limitation, the Producer for all actions, suits, causes of action, debts, demands and claims of any nature or kind whatsoever (including negligence or gross negligence) which the County ever had, now have, or hereafter can, shall or may have for, or by reason of, or in any way connected with or relating to the prior or future use of the Highways by the Producer up to August 15, 2019, but does not release the Producer for any damage or event that occurs after August 15, 2019. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING the County acknowledges and declares that the intent of this release is to conclude all issues arising from or relating to the use of the Highways up to August 15, 2019.