Release Conditions definition

Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.

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Release Conditions means the following conditions for terminating all the Transaction Liens:

Release Conditions means the following conditions for releasing all the Secured Guarantees and terminating all the Transaction Liens:

Examples of Release Conditions in a sentence

If an Event of Default shall have occurred and be continuing, Borrower shall not be permitted (without the consent of Administrative Agent) to withdraw the requested Net Casualty Proceeds until such time, if any, as such Event of Default does not exist (and the other Release Conditions are satisfied).
Borrower shall, at its sole cost and expense, promptly commence and diligently and continuously perform to completion the Restoration in a good and workmanlike manner and in compliance with all applicable Laws and Requirements, whether or not Borrower shall have satisfied the applicable Release Conditions in order to cause the Net Casualty Proceeds to be made available for such Restoration and whether or not such Insurance Proceeds on account of the Casualty shall be sufficient for such purpose.

More Definitions of Release Conditions

Release Conditions means the following:

Release Conditions mean the following conditions occurring within sixty (60) days following the Separation: (i) the Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired without Executive rescinding the Release.

Release Conditions has the meaning set forth in Section 5.13(a).

Release Conditions has the meaning given to it in Section 2.4(a).

Release Conditions shall have the meaning set forth in Section 3.2.

Release Conditions has the meaning set forth in Section 8.4.1.

Release Conditions means, at any time, (a) no Default has occurred and is continuing and (b) the LTV Percentage is less than the Release LTV Percentage (after giving effect to any prepayment of the Loan on such date).