Discharge definition
Examples of Discharge in a sentence
Notwithstanding anything to the contrary contained in this Satisfaction and Discharge, PubCo shall not be required to register any EFH Ordinary Shares or Remaining EFH Ordinary Shares that have been sold, or may permanently be sold, without any restrictions pursuant to Rule 144 promulgated under the Securities Act, as amended, as determined by counsel to the Company pursuant to a written opinion letter to such effect, addressed and acceptable to the Company’s transfer agent.
When Discharge of First-Priority Obligations Deemed to Not Have Occurred 19 Section 5.08.
Discharge by a Loan Party of a Collateral Agent Claim will discharge the corresponding Secured Party Claim in the same amount.
Notwithstanding any other provision of this Agreement, no Person may, prior to the date which is one year (or if longer, any applicable preference period) and one day after the Discharge of Senior Secured Debt Obligations, institute against, or join any other Person in instituting against, the SPV Parties any Insolvency or Liquidation Proceeding, or other proceedings under Cayman Islands, U.S. federal or state bankruptcy or similar laws.
This Satisfaction and Discharge and all rights, liabilities and obligations hereunder shall be binding upon and inure to the benefit of each party’s successors and assigns but may not be assigned without the prior written approval of the other party.