Release Deed definition

Release Deed means the deed to be entered into by LFSL and the Scheme Creditors substantially in the form set out in Schedule 1 (Release Deed).

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Release Deed has the meaning given to that term in the Scheme. "Released Party" has the meaning given to that term in the Scheme.

Release Deed means a document in substantially the form of Schedule 5. Rio Tinto Group has the meaning given in the Joint Venture Agreement.

Examples of Release Deed in a sentence

• The Consultant must procure that any individual who appears in a Deliverable produced by the Consultant under a Statement of Work executes a copy of the MLA Participant Release Deed provided by MLA to the Consultant prior to the Deliverable being made available to MLA.

• The covenants and agreements of Grantee in this Release Deed are for and on behalf of itself, and on behalf of each successive owner, during his, her or their ownership of any portion of the Property and each party having any interest in the Property derived through any such owner.

• Each Chargee agrees that if Charged Property is Disposed of in accordance with clause 10 of the Joint Venture Agreement, it will release that property from the Charge by executing a Release Deed.

• Notwithstanding the foregoing, Grantee agrees to incorporate by reference the terms of this Release Deed in any deed or other instrument by which it divests itself of any interest in all or a portion of the Property.

• Lender acknowledges that simultaneous with the receipt of Mortgage Note #1 (as defined in the Purchase Agreement), duly executed by the Borrower, it executed and delivered a Release Deed substantially in the form attached hereto as Exhibit A (the “Release”), which will operate to release the Mortgage upon satisfaction of the conditions for release of the Mortgage set forth in the Escrow Agreement (as defined in the Purchase Agreement).

• Every party who now or hereafter owns or acquires any right, title or interest in or to any portion of the Property, is and shall be conclusively deemed to have consented and agreed to the terms and conditions of this Release Deed, whether or not any reference to this Release Deed is contained in the instrument by which such party acquired an interest in the Property.

• The covenants, conditions and restrictions in this Release Deed shall be restrictive covenants that are binding upon and run with the Property for the duration of this Release Deed.

• The benefit of the covenants, conditions and restrictions in this Release Deed, shall accrue to and be for the benefit of and be enforceable by Grantor and its successors and assigns.

• Following thirty (30) days’ notice to Grantee requesting that Grantee execute a notice or instrument appropriate to assuring the enforceability of this instrument, to which request Grantee has not reasonably objected, Grantor is authorized to record or file any notices or instruments appropriate to assuring the enforceability of this Release Deed.

• The provisions of this Release Deed are intended to be affirmative and perpetual covenants and shall be enforceable for the maximum period permitted by applicable law.

More Definitions of Release Deed

Release Deed means the deed of release in the Agreed Form entered into between TRU Taj LLC, Wilmington Savings Fund Society, FSB and Wilmington Trust, NA releasing the Share Charges with effect on the Completion Date;

Release Deed means together the deed of release, reassignment, discharge and termination dated the Closing Date between certain of the parties to the Transaction Documents and each other document (dated on or about the Closing Date) which the Facility Agent (acting reasonably) may determine is necessary to effect the release of all security granted in connection with the Existing RCF Agreement;

Release Deed means the deed of release in substantially the form of Exhibit B hereto;