Release Event has the meaning set forth in Section 6(b).

Release Event means a surface water discharge from mine affected water storages or contaminated areas on the licensed place.

Release Event means the taking of any Enforcement Action by a Secured Creditor against all or any portion of Collateral that is Priority Collateral as to such Secured Creditor (including a Disposition conducted by any Obligor with the express written consent of such Secured Creditor during the continuance of an Event of Default under the relevant Priority Documents) or, after the occurrence and during the continuance of an Insolvency Proceeding by or against any Obligor, the entry of an order of the Bankruptcy Court pursuant to Section 363 or 1129 of the Bankruptcy Code (or similar Bankruptcy Law) authorizing the sale of all or any portion of such Collateral with the support of such Secured Creditor; provided, that, upon any such sale, the Liens of the Junior Secured Creditors in the Collateral shall continue as to the Proceeds thereof, and, subject to any necessary approvals of any applicable Bankruptcy Court, such Proceeds received are applied as provided in Section 3.8 hereof, .

Examples of Release Event in a sentence

McGraw Hill, London.3. Chaffey D., (2002) E-Business and E- Commerce Management.
Full Cash Trapping Release Event N/A Occurrence Dates CommencedCommencement Datei.
Where a relevant Payment Instruction identifies any amount as being a Retention Amount, a portion of moneys equating to the Retention Amount (as deposited into and standing to the credit of the Project Bank Account) is held on trust for the Subcontractor from whom it has been retained (pursuant to the Subcontract to which it is a party) as specified in the Payment Instruction, until a Retention Release Event occurs under the relevant Subcontract.
Forthwith upon the occurrence of a Retention Release Event, the Contractor shall duly complete, execute and contemporaneously issue to the Principal and to the Bank with whom the Project Bank Account is held, a Retention Release Instruction.
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More Definitions of Release Event

Release Event means the taking of any Enforcement Action by the First Lien Creditors against all or any portion of the Collateral or, after the occurrence and during the continuance of an Insolvency Proceeding by or against any Obligor, the entry of an order of the Bankruptcy Court pursuant to Section 363 or 1129 of the Bankruptcy Code authorizing the sale of all or any portion of the Collateral.

Release Event has the meaning specified in Section 9.14(a).

Release Event has the meaning set forth in Section 8.4 (c).

Release Event means, with respect to any Series of Securities, the occurrence of an event as a result of which all Collateral securing the Securities is permitted to be released in accordance with the terms of this Indenture and the Note Security Documents, it being understood that any action taken by the Company or its Affiliates to, solely at its option, provide Collateral to secure the Securities that is not required to be provided pursuant to the terms of this Indenture and the Note Security Documents, shall not be deemed to cause such Release Event to not have occurred.

Release Event means any of the following:

Release Event shall be deemed to have occurred only if and when each of the following events shall have occurred: (i) a capital increase (as defined under the Law of Chile) in LATAM is completed after the Effective Time, (ii) TEP does not fully exercise the preemptive rights granted to it under applicable Law in Chile with respect to such capital increase in respect of all of its LATAM Restricted Shares, (iii) after such capital increase is completed, the individual designated by TEP for election to the LATAM Board with the assistance of the LATAM Controlling Shareholders is not elected to such board.