Release Notice. At least 30 days in advance of the proposed Release, Borrower shall have delivered a written notice to Lender (the “Release Notice”) describing, by address and contract number, the Release Collateral to be released. The Release Collateral must include all real property owned or leased by Borrower at the applicable Site, together with all of Borrower’s tangible and intangible personal property located at or used exclusively in connection with such Site. The Release Notice must be accompanied by a computation in form reasonably satisfactory to Lender reflecting that after giving effect to the Requested Release and the removal of both the Appraised Value of the Release Collateral and the income and expenses of the Release Collateral, Borrower will continue to be in compliance with the financial covenants set forth in Sections 4(d) and 4(e) as of the most recent Fiscal Quarter end.
Release Notice. A notice (each, an "Asset Sale Release Notice"), which shall (A) refer to this Section 10.03, (B) attach all the documents referred to below, (C) describe with particularity the Released Asset, (D) specify the value of such Released Asset on a date within 60 days of the Asset Sale Release Notice (the "Valuation Date"), (E) certify that the purchase price received is equal to the Fair Market Value of the Released Asset as of the date of such release, (F) state that the Released Asset will not interfere with or impede the Trustee's ability to realize the value of the remaining Collateral and will not impair the maintenance and operation of the remaining Collateral, (G) confirm the sale of, or an agreement to sell, such Released Interest in a bona fide sale to a person that is not an Affiliate of the Company or, in the event that such sale is to an Affiliate, confirm that such sale is being made in accordance with Section 4.11 and (H) be accompanied by a counterpart of the instruments proposed to give effect to the release fully executed and acknowledged (if applicable) by all parties thereto other than the Collateral Agent;
Release Notice. A notice (each, a "Real Property Release Notice") which shall (A) refer to this Section 10.03, (B) attach all the documents referred to below, (C) describe with particularity the Released Real Property, (D) specify the value of such Released Real Property on a date within 60 days of the Real Property Release Notice (the "Real Property Valuation Date"), (E) state that the Released Real Property will not interfere with or impede the Trustee's ability to realize the value of the remaining Collateral, is not necessary for the proper and efficient operation of the Mortgaged Property or for the compliance by the Mortgaged Property with any applicable law, code or ordinance, including, without limitation, any Environmental Law, and is not an integral part of the Company's operations as conducted at the Mortgaged Property on the Issue Date, and (F) be accompanied by a counterpart of the instruments proposed to give effect to the release fully executed and acknowledged (if applicable) by all parties thereto other than the Collateral Agent;
Release Notice. The Company shall, upon the Release Conditions having been satisfied or waived, forthwith deliver the Release Notice to the Subscription Receipt Agent.
Release Notice. Upon the occurrence of any Release Event, AT&T may deliver to Agent a written notice (the "Release Notice") of the Release Event and requesting release of the Deposit as provided for in paragraph 7.1. The Release Notice must contain a statement, verified by an officer of AT&T, that the applicable Release Event has occurred and that the Deposit is to be released.
Release Notice. The Depositee undertakes at the end of the Deposit Period to issue to the Depositor the Depositee's Declaration, which is required for the deletion of the Security Deposit from the share registry of the relevant Countersignor at the end of the Deposit Period.
Release Notice. Within three (3) business days after receipt of the Release Notice, the Escrow Agent shall deliver to BSE a copy of the Release Notice and shall confirm such delivery in writing to Alstom. If the Escrow Agent, within ten (10) business days after delivering the Release Notice to BSE, does not receive (i) a written statement from Alstom withdrawing such Release Notice, or (ii) a counter-notice from BSE (the “Counter-Notice”), then the Escrow Agent shall promptly deliver the Escrow Materials to Alstom. Confidential Document December 27, 2010
Release Notice. (a) Upon the occurrence of the earlier of (i) receipt by the Escrow Agent of written notice (the “Release Notice”) in the form attached as Exhibit A, executed by the Borrowers and the Administrative Agent (such date, the “Release Date”), or (ii) receipt by the Escrow Agent of written notice (the “Administrative Agent Release Notice”) in the form attached as Exhibit B, executed by the Administrative Agent, appropriately completed, the Escrow Agent shall Release the Subscription Agreements (and contact information) as provided in the applicable sentence of Section 3(b).
Release Notice. A notice (each a "Release Notice" which shall (A) refer to this Section 3.2(c), (B) attach all the documents referred to below, (C) describe with particularity the Other Released Interest, (D) specify the fair market value of such Other Released Interest on a date within 60 days of the Release Notice (the "Other Valuation Date"), (E) certify that the purchase price to be received is not less than the fair market value of the Other Released Interest as of the date of the proposed release, (F) state that the release of the Other Released Interest will not interfere with or impede the Collateral Agent's ability to realize the value of the remaining Collateral and will not impair the maintenance and operation of the remaining Collateral and (G) be accompanied by a counterpart of the instruments proposed to give effect to the release fully executed and acknowledged (if applicable) by all parties thereto other than the Collateral Agent.
Release Notice. A notice (each, a "Release Notice") from the Issuer or the appropriate Guarantor requesting the release of the Released Interest (i) describing the proposed Released Interest, (ii) specifying the fair market value of such Released Interest on a date within 60 days of such notice (the "Valuation Date"), (iii) specifying that the fair market value of the Released Interest that is the subject of the Release Notice, plus all Released Interests during the prior 12 months, does not exceed $500,000, and (iv) stating that the release of such Released Interest will not interfere with the Trustee's ability to realize the value of the remaining Collateral and will not impair the maintenance and operation of the remaining Collateral;
