Monthly Release Date definition
Examples of Monthly Release Date in a sentence
Founder agrees that on the last calendar day of each calendar month after the Closing Date (the "Monthly Release Date"), the Depositary Agent shall release and forward to each Founder that number of Exchangeable Shares equal to one forty- eighty (1/48th) of the total number of shares designated for receipt by the Founder at the Closing Date.
Any right of Seller to receive payment and distribution of the Monthly Release Amounts shall not accumulate, and no Monthly Release Amount that is not paid or distributed in accordance this Section 4(a) shall accrue or become payable at any time after the applicable Monthly Release Date.
The employees of CONTRACTOR engaged in performing SERVICES hereunder shall be considered employees of CONTRACTOR for all purposes and shall under no circumstances be deemed to be employees of USAir.
Thermo shall use commercially reasonable efforts to deliver to Carrier the Products within three (3) business days of the Monthly Release Date.