Release Condition definition

Release Condition means the following:

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Release Condition means the occurrence of any of the following:

Release Condition shall have the meaning given such term in Section 5(a) below.

Examples of Release Condition in a sentence

Except as provided in Section 2(b)(iii), if the Participant’s Service is terminated by the Company by reason of a Good Leaver Termination prior to the applicable Vesting Date, subject to the Participant’s continued compliance with the obligations under Section 6 and the Release Condition, then a Pro-Rata Portion of the RSUs shall remain outstanding and eligible to vest for purposes of this Award and will be delivered on the applicable Vesting Date in accordance with Section 3 below.
Except as provided in Section 2(b)(iii), if the Participant’s Service is terminated by the Company by reason of a Good Leaver Termination prior to the Vesting Date, subject to the Participant’s continued compliance with the obligations under Section 6 and the Release Condition, then a Pro-Rata Portion of the PSUs shall remain outstanding and eligible to vest for purposes of this Award, based on actual performance through the end of the Performance Period as determined in Section 2(a).
If Executive terminates employment with the Company other than a termination of employment effected by the Company for Cause and Executive satisfied the Release Condition, then Executive shall be eligible to receive travel privileges for Executive and Executive’s eligible family members, pursuant to the terms and conditions of the Company’s travel policy for officers, as amended from time to time, during the Flight Benefit Period (as defined below).

More Definitions of Release Condition

Release Condition means, in connection with the Incurrence of any Indebtedness pursuant to Sections 4.02(b)(3), (4), (7) or (14), the loan-to-value ratio as determined by an independent mortgage appraisal conducted on behalf of and for the benefit of the lender(s) of such Indebtedness shall be at least 50%.

Release Condition means the Award Recipient’s execution, delivery to the Company and non-revocation of a mutual liability release agreement in the form and substance determined by the Company (and the expiration of any revocation period contained in such release agreement) within 60 days following the Award Recipient’s termination of employment.

Release Condition means the following condition for terminating the Security Interest: all Secured Obligations shall have been paid in full.

Release Condition means any of the following conditions:

Release Condition means the receipt by the Trustee of:

Release Condition means the satisfaction of each of the following conditions: (a) all indebtedness (as defined in Section 10.1) that CSF owes to the Administrative Agent and/or the Lenders in its capacity as a Borrower has been indefeasibly paid in full in cash (or, in the case of Letters of Credit of which CSF is the actual account party, each such Letter of Credit has been cash collateralized in an amount equal to 103% of the stated and undrawn amount of such Letter of Credit and in the Currency in which such Letter of Credit was issued and otherwise on terms and conditions satisfactory to the applicable Issuing Lender) and there remains no commitment to make Revolving Loans to CSF; (b) the Administrative Agent shall have received written notice from CSF of its desire to terminate its rights as a Borrower with respect to the Commitment and LOC Commitment in accordance with Section 2.6(a)(ii); and (c) no Default or Event of Default shall have occurred and be continuing at the time of such termination pursuant to Section 2.6(a)(ii) or would result from such termination or the termination of the Guaranty Agreement.

Release Condition means the requirement that you (or your personal representative, if applicable) execute a general waiver and release, in such a form as provided by the Company (the “Release”), within the applicable time period set forth therein, and such Release must become effective in accordance with its terms, which must occur in no event more than 60 days following the applicable termination date.