Common use of Release Notice Clause in Contracts

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 20 20 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" 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 20 20 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.