Release of Securities. (a) The Custodian shall release and deliver, or direct its agents or sub-custodian to release and deliver, as the case may be, Securities or Required Documents of the Company held by the Custodian, its agents or its sub-custodian from time to time upon receipt of Proper Instructions (which shall, among other things, specify the Securities or Required Documents to be released, with such delivery and other information as may be necessary to enable the Custodian to perform), which may be standing instructions (in form acceptable to the Custodian), in the following cases:
Release of Securities. (a) The Custodian shall release and ship for delivery, or direct its agents or sub-custodian to release and ship for delivery, as the case may be, Securities or Required Loan Documents (or other Underlying Loan Documents) of the Company held by the Custodian, its agents or its sub-custodian from time to time upon receipt of Proper Instructions (which shall, among other things, specify the Securities or Required Loan Documents (or other Underlying Loan Documents) to be released, with such delivery and other information as may be necessary to enable the Custodian to perform (including the delivery method)), which may be standing instructions (in form acceptable to the Custodian), in the following cases:
Release of Securities. (a) If no Event of Default has occurred and is continuing, the Borrower may, by delivery of a certificate of a Responsible Officer of the Collateral Manager delivered to the Collateral Agent at least one Business Day prior to the settlement date for any sale of a security certifying that the sale of such security is being made in accordance with Section 10.01 and such sale complies with all applicable requirements of Section 10.01, direct the Collateral Agent to release or cause to be released such security from the lien of this Agreement and, upon receipt of such certificate, the Collateral Agent (or Custodian, as applicable) shall deliver any such security, if in physical form, duly endorsed to the broker or purchaser designated in such certificate or, if such security is a Clearing Corporation Security, cause an appropriate transfer thereof to be made, in each case against receipt of the sales price therefor as specified by the Collateral Manager in such certificate; provided that the Collateral Agent may deliver any such security in physical form for examination in accordance with street delivery custom.
Release of Securities. Tendered Securities shall be released from escrow under this section provided that:
Release of Securities. In accordance with Proper Instructions, the Bank shall deliver Securities held in the Custody Account designated as sold for the account of the Company to the person specified in the instructions relating to such sale. The Bank shall release such Securities only upon receipt of payment therefore in accordance with the customary and established trading and securities processing practices, unless prior to the release of the company's securities the bank has received permission from a person named in the certificate to release the company's securities without payment therefore. The Bank shall notify the Company promptly (and in any event no later than the next business day) of any failure to deliver Securities.
Release of Securities. (a) The Custodian or Document Custodian shall release and if applicable, ship for delivery, or direct its agents or Sub-Custodian to release and if applicable, ship for delivery, as the case may be, Securities or Required Loan Documents of the Company held by the Custodian, its agents or its Sub-Custodian from time to time upon receipt of Proper Instructions (which shall, among other things, specify the Securities or Required Loan Documents to be released, with such delivery and other information as may be necessary to enable the Custodian to perform), which may be standing instructions (in form acceptable to the Custodian) in the following cases:
Release of Securities. Upon receipt of Written Instructions, the Custodian shall release, or cause the Depository to release and deliver Securities from the Company Account. If Securities sold by the Company are held in a Book-Entry System or Depository the Custodian shall transfer such Securities upon (i) receipt of advice of the Book-Entry System or Depository that payment for such Securities has been transferred to the Depository for receipt by the Company and (ii) the making of an entry on the records of the Custodian to reflect such transfer and payment for the account of the Company.
Release of Securities. City shall release the Performance and Labor Bonds when the following have occurred:
