Release Schedule Sample Clauses
A Release Schedule clause defines the timing and conditions under which certain assets, funds, or rights are gradually made available to a party. Typically, this clause outlines a timeline or set of milestones that must be met before portions of the subject matter are released, such as periodic payments to a contractor upon completion of project phases or the vesting of shares to an employee over time. Its core practical function is to ensure that obligations or benefits are distributed in a controlled manner, reducing risk and incentivizing performance or compliance throughout the duration of an agreement.
Release Schedule. Subject to sections 10, 11 and 12, Securities will be released from escrow under this Agreement as set out in Schedule B(1), B(2), B(3) or B(4), as applicable.
Release Schedule. If the Issuer is an emerging issuer (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On the Listing Date 1/10 of your escrow securities 6 months after the Listing Date 1/6 of your remaining escrow securities 12 months after the Listing Date 1/5 of your remaining escrow securities 18 months after the Listing Date 1/4 of your remaining escrow securities 24 months after the Listing Date 1/3 of your remaining escrow securities 30 months after the Listing Date 1/2 of your remaining escrow securities 36 months after the Listing Date your remaining escrow securities
Release Schedule. If the Issuer is an emerging issuer (as defined in section 3.3 of the Policy) and you have not sold any Escrow Securities in a permitted secondary offering, your Escrow Securities will be released as follows, unless the Issuer becomes an established issuer as set out in Part 3 of this Agreement:
Release Schedule. If the Issuer is an “emerging issuer” (as defined in section 3.3 of the Policy) and you have not sold any escrow securities in a permitted secondary offering, your escrow securities will be released as follows: On the date the Issuer’s securities are listed on a Canadian exchange (the “listing date”) 1/10 of your escrow securities 6 months after the listing date 1/6 of your remaining escrow securities 12 months after the listing date 1/5 of your remaining escrow securities 18 months after the listing date 1/4 of your remaining escrow securities 24 months after the listing date 1/3 of your remaining escrow securities 30 months after the listing date 1/2 of your remaining escrow securities 36 months after the listing date your remaining escrow securities
Release Schedule. The Company and each Pooling Shareholder agrees that his/her/its Pooled Shares will be pooled and the released pursuant to the following schedule: 6 months from the Closing Date 20% 9 months from the Closing Date 20% 12 months from the Closing Date 20% 18 months from the Closing Date 20% 24 months from the Closing Date 20% Notwithstanding the date of this $0.18 Voluntary Pooling Agreement, the Pooling Shareholder hereby acknowledges and agrees that his/her/its Pooled Shares are deemed to become subject to this $0.18 Voluntary Pooling Agreement on the Closing Date and are therefore subject to the above release schedule and the terms and conditions as set out herein.
Release Schedule. Notwithstanding Section 1.1, the Parties acknowledge and agree that each Shareholder’s Shares will be released from the restrictions set forth in Section 1.1 in accordance with the release schedule set forth in Schedule “B” hereto as the same may be accelerated as set forth in Schedule “B” (the “Release Schedule”) and that such restrictions are subject in their entirety to the Release Schedule.
Release Schedule. Notwithstanding any Additional Escrow Securities that you may acquire during the term of this Agreement, the Escrow Securities as at the date of this Agreement shall include a total of 4,824,254 Escrow Securities.
Release Schedule. The Escrow Agent will release from escrow the shares and deliver to the Securityholders their respective share certificates over a period of 18 months from the listing date as follows: On the listing date 1/4 of your escrow securities 6 months after the listing date 1/3 of your remaining escrow securities 12 months after the listing date 1/2 of your remaining escrow securities 18 months after the listing date your remaining escrow securities
Release Schedule. Vertafore maintains a regular release cycle and support schedule for TransactNOW. Carrier requests for an off-cycle release and/or off hours support may be accommodated with pre-approval by Vertafore and provided at Vertafore’s then current rates.
Release Schedule. The Company and each Shareholder agrees that the Pooled Shares will be pooled and the released pursuant to the following schedule: Notwithstanding the date of this Agreement, each Shareholder hereby acknowledges and agrees that its Pooled Shares are deemed to become subject to this Agreement on the Listing Date and are therefore subject to the above release schedule and the terms and conditions as set out herein.