Bank Release definition

Bank Release the consent and release in the agreed terms from Bank One, Michigan, as agent for the lenders under the Third Amended and Restated Credit Agreement dated as of August 16, 1999 (as amended) between Lason, Inc., the other borrowers party thereto, the lenders party thereto and Bank One, Michigan;
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Examples of Bank Release in a sentence

  • Duly executed copies of the Scotland Bank Release and Scotland Bank Consent.

  • Any amounts paid by EPS or EPSC pursuant to Section 4.4 to subsidize or finance the operation of the Business from and after November 16, 1999 until the Assignment Date or the termination of this Agreement will be repaid to EPS or EPSC by NHRS through an increase in the amount of the Second NHRS Note as described in Section 1.3. The parties will use commercially reasonable efforts to obtain the Bank Release.

  • Exhibit A - Seller’s Shareholdings in Purchased Companies Exhibit B - Intercompany Loan Exhibit C - Aareal Bank Release and Consent Exhibit D - Bank Hapoalim Release and Consent Exhibit E - Bank Hapoalim Release of the Elbit VM Guarantees Schedule ‎3.2.1 Transfer Deed Schedule ‎3.2.2 - Assignment and Assumption Agreement Schedule ‎3.3.3 - Voting Power of Attorney with respect of the Purchased Companies.

  • The date on which the Bank Release is obtained is referred to in this Agreement as the "LIEN RELEASE DATE".

  • Within five (5) days of payment in full of the Indebtedness, the Purchaser shall cause Bank to (i) deliver the Bank Release Notice to the Selling Shareholders and Escrow Agent and (ii) return to the respective guarantors, the ▇▇▇▇▇ Guaranty, the Papandon Guaranty and the ▇▇▇▇▇▇▇▇▇ Guaranty all marked "cancelled" and return to ▇▇.

  • Cardima will obtain all necessary third ---------------------- party consents, releases of Liens or other approvals which may be necessary on the part of Cardima to consummate the sale of Intellectual Property to Medtronic pursuant to this Agreement, including, but not limited to, the Bank Release as referenced in Section 5.1.

  • To be clear, it is understood and agreed that TD Bank Release only the Trustee pursuant to the provisions of this section.

  • The consummation of the transactions contemplated ------------ hereby, by the other Ancillary Documents, by the Existing Bank Release Agreement and the NBD Release Agreement, and by the Purchase Agreement shall not contravene, violate or conflict with, or involve the Agent or any Lender in a violation of, any Requirement of Law.

  • The Financing Bank Release Letter(s) shall in particular state, as of the Scheduled Closing Date, the amounts due for repayment under the Finance Documents (including accrued and outstanding interest, costs and fees) (the “Financing Bank Release Amount”) and specify relevant per diem amounts (Tageszinsen) for the Finance Documents in case the amounts due for repayment under the Finance Documents will be paid after the Scheduled Closing Date.

  • For the avoidance of doubt, the Trustee TD Bank Release include a release of any and all claims that the Trustee may have against TD Bank including, but not limited to, any claims the Trustee may assert against TD Bank in connection with its position as a lender to an entity known as Aventine Edgewater, LLC.

Related to Bank Release

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.

  • General Release has the meaning stated in Section 6.03.

  • New Release means new releases, updates or versions of the Software made generally available by SAP through unrestricted shipment pursuant to SAP Support after the Effective Date of the Agreement.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit B (as the same may be revised from time to time by the Company upon the advice of counsel).