Conditional surrender definition

Conditional surrender means a voluntary relinquishment of all parental rights by a birth parent, adoptive parent, or other person or agency authorized to exercise these rights by law, court order or otherwise for purposes of allowing a child to be adopted by a person(s) specified by the surrendering parent.
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Examples of Conditional surrender in a sentence

  • Every borrower from the "Mortgagee" who obtains a loan on the security of a lease from the Regulatory body shall, before the loan is made, execute a Conditional surrender of Lease in the form set out in Appendix "A" hereto, and, in addition to mortgaging freehold lands as specified by the "Mortgagee", may, execute a mortgage of the leasehold interest and the Regulatory body hereby acknowledges and agrees that the leasehold interest so mortgaged shall constitute security for repayment of the loan.

Related to Conditional surrender

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

  • Delivery Condition has the meaning set forth in Section 2.1.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Conditional use means a land use that, because of the unique characteristics or potential impact of the land use on the municipality, surrounding neighbors, or adjacent land uses, may not be compatible in some areas or may be compatible only if certain conditions are required that mitigate or eliminate the detrimental impacts.