Contingent Release definition

Contingent Release means the contingent release and waiver described in Section
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Examples of Contingent Release in a sentence

  • Released Entities shall not be subject to liability or expense of any kind to any Releasing Entity for any Released Claims (or claims covered by the Contingent Release when effective) beyond that which is provided for in this Settlement Agreement.

  • On the date the Contingent Release becomes effective, Releasing Entities shall be permanently barred and enjoined from commencing, filing, initiating, instituting, prosecuting, maintaining, or consenting to any action or other proceeding, whether by intervention, joinder or as a class member, for any claims subject to the Contingent Release, in any court of law or equity, arbitration, administrative or other forum.

  • In the event that a Releasing Entity institutes any such action in any court, arbitration tribunal or administrative or other forum against Released Entity subsequent to the Effective Date (or subsequent to effectiveness of the Contingent Release), such action shall be dismissed with prejudice.

  • This Settlement Agreement shall be the Releasing Entities’ exclusive remedy against Released Entities for any and all of the Released Claims (and claims covered by the Contingent Release when effective).

  • GPC may thereafter move the Court for an order confirming the Contingent Release and permanently enjoining the commencement or continuation of any litigation of the claims covered by the Contingent Release.

  • Following satisfaction of the requirements set forth in Section 10.1 regarding installation of the DH5 Dewatering Building RTO and the requirement set forth in Section 10.2 regarding implementation of $5 million of Additional Pollution Control Projects, but subject to Section 10.2.14 regarding the impact of Force Majeure on the Contingent Release, the Contingent Release in Section 13.6 shall automatically be in effect.

  • Once the Special Tax Escrow Funds have been substantially depleted or otherwise released (other than in the case of a Contingent Release but only to the extent Holders are still liable for the related Losses in accordance with the provisions of Section 8.2.4(d)(z)), Parent shall have the sole right to control Contest that relates to Non-Resident Capital Gains Taxes to which Parent or any of its Affiliates is a party to.