R E L E A S E Sample Clauses

R E L E A S E. KNOW ALL MEN BY THESE PRESENTS that in consideration of the total payment of 1,000,000 shares of Common Stock (the “Shares”) in the capital stock of Newport Gold, Inc. (“Newport”) Xxxxxx Xxxxxx (the “Releasor”) (the receipt of all which is hereby acknowledged), the Releasor DOES HEREBY REMISE RELEASE AND FOREVER DISCHARGE Newport and any of its successors and assigns, directors, officers, employees, or agents (collectively, the “Releasees”) of and from any and all manner of actions, causes of actions, suits, debts, contracts, claims, demands, damages and obligations to pay anything (including without limitations, money, expense allowances, sales commissions, shares of warrants) of any nature of kind whatsoever which any of the Releasors have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any cause, matter or thing whatsoever occurring or existing up to and inclusive of the date of these presents and in particular, but DO HEREBY REMISE, RELEASE AND FOREVER DISCHARGE the Releasees of and from any claims and demands of any nature of kind whatsoever which any of the Releasors now have or at any time hereafter can, shall or may have, for or by reason of, or arising out of any agreements, whether written or verbal, between any of the Releasors and Releasees in respect of the debt of $50,000 owed by Newport to the Releasor as evidenced by Schedule “A” to this Release. AND IT IS UNDERSTOOD AND AGREED that the Releasors will neither jointly or separately make any claim or claims or take any proceedings against any person, corporation, partnership or partly might result in a claim for contribution or indemnity from any of the Releases and if any of the Releasors make such a claim or take such proceedings then each of the Releasors jointly and separately covenants and agrees to save harmless and indemnify each of the Releases of any from any and all liabilities, damages, interest, costs (including legal fees and disbursements as between legal counsel and own client), expenses and compensation of whatsoever kind in respect of any such claim for contribution and indemnify or otherwise. IT IS FURTHER UNDERSTOOD AND AGREED that this is a compromise settlement of a disputed claim and that the consideration for this Release shall not be deemed to be or be construed as an admission of liability by the Releasees to the undersigned. The Releasors have consulted with and been advised by their legal counsel before entering into the settl...
AutoNDA by SimpleDocs
R E L E A S E. Naples, 3rd July 2015: In the framework of the programme of expansion and renewal of its fleet, the Xxxxxxxx Group has recently signed an additional agreement for the construction of three new PCTCs (Pure Car Truck Carriers), with the shipyard Jinling of China, for a total investment of USD 165 million. The agreement foresees an option for another unit. With delivery expected in 2017, the three new units will be deployed on the Group’s regular service linking the Mediterranean with North America; this service is mainly dedicated to the transport of brand new vehicles produced by FCA (Fiat Chrysler Automobiles) with destination the US and Canadian markets. The new vessels will be equipped with eight decks, four of which hoistable, making them capable to transport 6,700 cars. "With this new order we will enhance the car carrier fleet of the Group, in order to satisfy the new market requirements”, proudly commented the President of the Xxxxxxxx Group, Xxxxxxxx Xxxxxxxx, together with the Managing Directors Xxxxxxxx Xxxxxxxx and Xxxxx Xxxxxxx. "Moreover, the cooperation with the Jinling shipyard, which has recently built six ultra modern ice-class ro/ro vessels for our Group, will be further strengthened," concludes the Board of the Neapolitan Group.
R E L E A S E. The Respondent releases MWPA and its officers, employees, consultants, contractors and agents from all liability for any loss, cost or expense of any kind suffered or which may be suffered by the Respondent arising directly or indirectly from any error, ambiguity, discrepancy, inconsistency or omission in the Request.
R E L E A S E. For further information : Ufficio Stampa Autorità Portuale xx Xxxxxxx Community - Strategic Communications Advisers Xxxxxxxx Xxxxxxxxx Email: xxxxxxxx.xxxxxxxxx@xxxxxxxxxxxxxx.xx Mob: +00 000 0000000 Xxxxxxxx Group P R E S S
R E L E A S E. IN CONSIDERATION of the agreement between me, Xxxx Xxxxxxx, and ElectraMeccanica Vehicles Corp. (the “Company”), as set out in the October 11, 2023 letter to me from the Company (the “Letter”), a copy of which is attached to this Release, and other good and valuable consideration, the sufficiency of which I acknowledge:
R E L E A S E. (hereinafter called the "Releasor"), which term includes heirs, executors, administrators, successors and assigns, in consideration of the payments from Western Goldfields (Canada) Inc. (hereinafter called the “Releasee”), as described in the Severance Agreement (attached) dated August 9, 2006, the sufficiency of which is hereby expressly acknowledged, hereby releases and forever discharges the Releasee, which term includes officers, directors, agents, employees, members, successors and assigns and all related and affiliated organizations and their officers, directors, agents, employees, members, shareholders, successors and assigns, of and from all manner of action, causes of action, claims or demands which the Releasor had, now has, or hereafter may have, regarding any matters existing as of the date hereof, including without limitation any claims arising out of the Releasor's employment or the termination of that employment with the Releasee. The Releasor hereby specifically covenants, represents and warrants to the Releasee that the Releasor has no further claims against the Releasee for or arising out of the Releasor’s employment with the Releasee or the termination of such employment, including without limiting the generality of the foregoing, any claims for pay, notice of termination, pay in lieu of such notice, severance pay, expenses, bonus, commission, overtime pay, interest, benefits and/or vacation pay and specifically including any claim under The Workplace Safety and Insurance Act, The Ontario Human Rights Code, The Employment Standards Xxx 0000, and in particular payments for "severance", "notice" and "termination pay" under that Act's sections 57 and 64, or other similar legislation, or the common law. In the event that the Releasor should make hereafter any claim or demand or commence or threaten to commence any action, proceeding or make any claim against the Releasee in respect of any matter contemplated by this release, this document may be raised as an estoppel and complete bar to any such claim, demand, action, proceeding or complaint. And for the consideration above, the Releasor further covenants and agrees to save harmless and indemnify the Releasee from and against all claims, charges, taxes or penalties and demands which may be made by the Minister of National Revenue requiring the Releasee to pay income tax under the Income Tax Act (Canada) in respect of income tax payable by the Releasor in excess of the income tax previously w...
R E L E A S E. I, Axxx Xxxxxxx of the City of ________, in the Province of Ontario, for and in consideration of the sum of * ($*) and other good and valuable consideration which is being delivered to me concurrently with the execution and delivery hereof (the receipt and sufficiency of which is hereby acknowledged) do hereby remise, release and forever discharge PROFOUND MEDICAL CORP. (hereinafter called the “Company”), its officers, directors, servants, employees and agents, including any related or associated companies, and their heirs, executors, administrators, successors and assigns, as the case may be, of and from any and all manner of actions, causes of action, suits, contracts, claims, damages, costs and expenses of any nature or kind whatsoever, whether in law or in equity, which, as against the Company or such persons as aforesaid or any of them I have ever had, now have, or at any time hereafter I or my personal representatives can, shall or may have, by reason of or arising out of the termination of my employment with the Company or in any other way connected with my employment with the Company (except as otherwise set forth below), and more specifically, without limiting the generality of the foregoing, any and all claims for damages for termination of my employment, constructive termination of my employment, loss of position, loss of status, loss of future job opportunity, loss of opportunity to enhance my reputation, the timing of the termination and the manner in which it was effected, loss of bonuses, loss of benefits, including life insurance and short and long-term disability benefit coverage, and any other type of damages; provided, however, that notwithstanding anything contained herein, this Release does not apply to any claims related to (i) equity in the Company or its affiliates that I hold, directly or indirectly, including without limitation, the options granted to me in connection with my employment with the Company, or (ii) any unpaid reimbursement of expenses and accrued but unpaid salary or termination payments provided for in the Employment Agreement. I FURTHER AGREE that this Release includes any and all claims I may have arising under contract, the Ontario Employment Standards Act, 2000, as amended, common law or other applicable law related to my employment with the Company and that the consideration provided includes any amount that I may be entitled to under such legislation and I agree to immediately withdraw any complaint as settled...
AutoNDA by SimpleDocs
R E L E A S E. Naples, 27th April 2018: In the framework of the expansion and modernisation programme of its owned fleet, as anticipated in the last months, the Xxxxxxxx Group has signed yesterday an agreement for the construction of six ro/ro vessels, for a total investment worth over USD 400 million. The order has been awarded to the Chinese shipyard Jinling, thus consolidating an important partnership with the Neapolitan Group, the world's leading company in the ro-ro sector. The new vessels, whose delivery is expected as from 2020, will have a length of 238 metres, a beam of 34 metres and will have a gross tonnage of 64,000 tonnes. They will be able to transport over 7,800 linear meters of rolling units, equivalent to about 500 trailers. Their loading capacity will be double compared to the one of the largest ships currently operated by the Neapolitan group and triple compared to the previous generation of ro/ro ships. At the same speed they will consume the same quantity of fuel, meaning a 100% increase in efficiency when measured in terms of consumption/ton of freight transported. The design of the new buildings, called "Xxxxxxxx Green 5th Generation" (GG5G), was developed by the Technical and Energy Saving Department of the Xxxxxxxx Group together with the Nordic Engineering Design house Xxxx X. Xxxxxx and it incorporates innovative elements partly already patented and protected by copyright.

Related to R E L E A S E

  • W H E R E A S (a) the Joint Venturers have established the existence of diamond bearing ore bodies (including kimberlite pipes and alluvial deposits) within the Argyle mining area and the Ellendale mining area defined in Clause 1 and have carried out certain investigations relating inter alia to the mining and treatment of that ore and the sale of diamonds;

  • R E E M E N T S In consideration of the mutual promises, terms, covenants and conditions set forth herein and the performance of each, the parties hereto hereby agree as follows:

  • C E P T A N C E The above-mentioned Subscription Agreement in respect of the Debenture is hereby accepted by Maverick Minerals Corp. DATED at SASKATOON , the 26th day of November, 2009. MAVERICK MINERALS CORPORATION /s/ Xxxxxx Xxxxxxx Per: Xxxxxx Xxxxxxx, Authorized Signatory EXHIBIT “A” Form of Convertible Debenture THE SECURITIES REPRESENTED HEREBY AND THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"). NONE OF THE SECURITIES REPRESENTED HEREBY NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THIS SECURITY AND THE SECURITIES INTO WHICH THIS SECURITY IS CONVERTIBLE MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. "UNITED STATES" AND "U.S. PERSON" ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT. Issue Date: November 26, 2009 Conversion Price (subject to adjustment herein): US$0.03 US$100,000 8% CONVERTIBLE DEBENTURE FOR VALUE RECEIVED, MAVERICK MINERALS CORPORATION (the “Company”) promises to pay to Xxxxxx Xxxxxxx (the “Holder”), the principal sum of One Hundred Thousand Dollars (US$100,000) in lawful currency of the United States (the “Principal Amount”) on demand, and to pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Debenture at the rate of 8% per annum, payable on the Conversion Date (as hereafter defined). Interest shall be calculated on the basis of a 360-day year and shall accrue daily commencing on the Issue Date until payment in full of the Principal Amount, together with all accrued and unpaid interest and other amounts which may become due hereunder, has been made. Interest shall cease to accrue with respect to any part of the Principal Amount converted, provided that the Company in fact delivers the Conversion Shares (as hereinafter defined). Interest hereunder will be paid to the Holder. The Company may prepay any portion of the principal amount of this Debenture without the prior written consent of the Holder. This Debenture is subject to the following additional provisions: Subscription Agreement.

  • R E C I T A L S A. The Company has heretofore been formed as a limited liability company under the Delaware Act (as defined below) pursuant to a Certificate of Formation filed with the Secretary of State of the State of Delaware on October 17, 2022.

  • A G R E E M E N T S In consideration of the mutual promises, terms, covenants and conditions set forth herein and the performance of each, the parties hereto hereby agree as follows:

  • E P T A N C E The above-mentioned Subscription in respect of the Shares is hereby accepted by SPORTSPRIZE ENTERTAINMENT INC. DATED at Vancouver, the 15th day of July, 1999. SPORTSPRIZE ENTERTAINMENT INC. Per: /s/Xxxx Xxxxxx, President ------------------------------------ Authorized Signatory SCHEDULE A - LEGEND "THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"). THE HOLDER HEREOF, BY PURCHASING THIS SECURITY, AGREES FOR THE BENEFIT OF THE COMPANY THAT THIS SECURITY MAY NOT BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED (X) PRIOR TO THE ONE YEAR ANNIVERSARY OF THE ISSUANCE HEREOF OR (Y) BY ANY HOLDER THAT WAS AN AFFILIATE OF THE COMPANY AT ANY TIME DURING THE THREE MONTHS PRECEDING THE DATE OF SUCH TRANSFER, IN EITHER CASE, OTHER THAN (1) TO THE COMPANY, (2) SO LONG AS THIS SECURITY IS ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE 1933 ACT ("RULE 144A"), TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A, PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A (AS INDICATED BY THE BOX CHECKED BY THE TRANSFEROR ON THE CERTIFICATE OF TRANSFER ON THE REVERSE OF THIS SECURITY), (3) IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE 1933 ACT (AS INDICATED BY THE BOX CHECKED BY THE TRANSFEROR ON THE CERTIFICATE OF TRANSFER ON THE REVERSE OF THIS SECURITY), (4) TO AN INSTITUTION THAT IS AN "ACCREDITED INVESTOR" AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7) UNDER THE 1933 ACT (AS INDICATED BY THE BOX CHECKED BY THE TRANSFEROR ON THE CERTIFICATE OF TRANSFER ON THE REVERSE OF THIS SECURITY) THAT IS ACQUIRING THIS SECURITY FOR INVESTMENT PURPOSES AND NOT FOR DISTRIBUTION, AND A CERTIFICATE IN THE FORM ATTACHED TO THIS SECURITY IS DELIVERED BY THE TRANSFEREE TO THE COMPANY, (5) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE 1933 ACT PROVIDED BY RULE 144 (IF APPLICABLE) UNDER THE 1933 ACT, OR (6) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, IN EACH CASE IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES. AN INSTITUTIONAL ACCREDITED INVESTOR HOLDING THIS SECURITY AGREES THAT IT WILL FURNISH TO THE COMPANY SUCH CERTIFICATES AND OTHER INFORMATION AS IT MAY REASONABLY REQUIRE TO CONFIRM THAT ANY TRANSFER BY IT OF THIS SECURITY COMPLIES WITH THE FOREGOING RESTRICTIONS. THE HOLDER HEREOF, BY PURCHASING THIS SECURITY, REPRESENTS AND AGREES FOR THE BENEFIT OF THE COMPANY THAT IT IS (1) A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A OR (2) AN INSTITUTION THAT IS AN "ACCREDITED INVESTOR" AS DEFINED IN RULE 501(a)(1), (2), (3) OR (7) UNDER THE 1933 ACT AND THAT IT IS HOLDING THIS SECURITY FOR INVESTMENT PURPOSES AND NOT FOR DISTRIBUTION OR (3) A NON-U.S. PERSON OUTSIDE THE UNITED STATES WITHIN THE MEANING OF (OR AN ACCOUNT SATISFYING THE REQUIREMENTS OF PARAGRAPH (o)(2) OF) RULE 902 UNDER REGULATION S UNDER THE 1933 ACT."

  • R E C I T A L The Board of Directors of the Company (the "Board of Directors") has authorized the granting to Optionee, for services previously rendered by Optionee as a consultant to the Company, of a non-qualified stock option to purchase the number of shares of Common Stock of the Company specified in Paragraph 1 hereof, at the price specified therein, such option to be for the term and upon the terms and conditions hereinafter stated.

  • R E E M E N T It is agreed as follows:

  • W I T N E S S E T H T H A T In consideration of the mutual agreements herein contained, the Depositor, the Servicer and the Trustee agree as follows:

  • B E T W E E N NAOOLIN REALCON PVT. LTD. (Pan XXXXX0000X)a Company having its Principal Place of business at Merlin Matrix, Xxxx Xx. 000, XX-00, Xxxxxx-X, 0xx Xxxxx, P.O. – SechBhavan, P.S. – Electronic Complex, Kolkata – 700091, West Bengal, represented through its Director SRI XXXXXXXX XXX(PAN No. XXXXX0000X) (Aadhaar No. 000000000000),son of Sri Sunil Xxxxx Xxx, residing at Village Panapukur, P.O. – Bhangar, P.S. – Kashipur, District – South 24-Parganas, Pin: 743502, West Bengal,hereinafter called and referred to as the "VENDOR/PROMOTER" (which terms or expression shall unless excluded by or repugnant to the context be deemed to mean and include his heirs, executors, administrators, legal representatives and assigns) of the ONE PART.

Time is Money Join Law Insider Premium to draft better contracts faster.