Release Requests Clause Samples

The "Release Requests" clause defines the process by which a party may formally request the release of certain obligations, funds, or property under the agreement. Typically, this clause outlines the required steps for submitting a release request, such as providing written notice, supporting documentation, or meeting specific conditions precedent. For example, a contractor might request the release of a payment holdback after completing a project milestone and providing proof of completion. The core function of this clause is to establish a clear and orderly mechanism for parties to obtain releases, thereby reducing disputes and ensuring that releases are granted only when appropriate criteria are met.
Release Requests. To obtain the release of any Deposit Materials, Popular shall submit to Iron Mountain: (i) a Work Request to release such Deposit Materials that specifies the Deposit Account(s) to be released; and (ii) a certification that a Release Event has occurred (and in the case of Section 3.1(e), the required certification) with respect to such Deposit Account(s).
Release Requests. IDT may from time to time submit written requests to TSMC that specify the type and quantity of Wafers to be released from the Wafer Bank and further processing instructions (the “Release Requests”). TSMC will release the requested Wafers within twenty-four (24) hours of receipt of a Release Request, provided that such Release Request is received by TSMC during normal business hours on a Business Day. The minimum Lot size for a Release Request is five (5) Wafers for production releases or two (2). Wafers for engineering releases. Wafers released from the Wafer Bank will be invoiced at the current production pricing on the expected date of shipment.

Related to Release Requests

  • Leave Requests All requests for leaves of absence must be in writing.

  • Advance Requests Borrower may request that Lender make an Advance by delivering to Lender an Advance Request therefor and Lender shall be entitled to rely on all the information provided by Borrower to Lender on or with the Advance Request. The Lender may honor Advance Requests, instructions or repayments given by the Borrower (if an individual) or by any Authorized Person.

  • Service Requests In support of services outlined in this Agreement, the Service Provider will respond to service related incidents and/or requests submitted by the Customer within the following time frames:

  • Directing Requests Requests in writing for negotiation meetings from the Association will be made directly to the Superintendent or his designee. Requests from the Board will be made in writing to the President of the Association. Requests for negotiation meetings shall be submitted between sixty (60) and one hundred and twenty (120) days prior to the expiration of the contract term.

  • Advance Request To obtain a Term Loan Advance, Borrower shall complete, sign and deliver an Advance Request (at least one (1) Business Day before the Closing Date and at least five (5) Business Days before each Advance Date other than the Closing Date) to Agent. The Lenders shall fund the Term Loan Advance in the manner requested by the Advance Request provided that each of the conditions precedent to such Term Loan Advance is satisfied as of the requested Advance Date.