Release Instruction definition

Release Instruction means the instruction received from the owner of the precious metal by the holder thereof to export the precious metal;

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Release Instruction means an instruction issued jointly by the Seller and CopyTele International Limited to the Escrow Agent in accordance with the Escrow Agreement, instructing the Escrow Agent to, inter atia, transfer the share certificates representing the Sale Shares to the Purchaser; and

Release Instruction means the written instruction, in the form attached hereto as Exhibit B, executed by a Representative of the Company directing the Escrow Agent to disburse all or a portion of the Escrow Funds, as applicable.

Examples of Release Instruction in a sentence

• In the event that the Escrow Agent shall be uncertain as to its duties or rights hereunder or shall receive instructions, claims or demands from any Party hereto which, in its opinion, conflict with any of the provisions of this Agreement, it shall be entitled to refrain from taking any action and its sole obligation shall be to keep safely all property held in escrow until it shall be directed otherwise in a Joint Release Instruction or Final Determination.

• The Escrow Agent may rely upon and shall not be liable for acting or refraining from acting upon any Joint Release Instruction or Final Determination furnished to it hereunder and reasonably believed by it in good faith to be genuine and to have been signed and presented by an authorized signer of the proper Party or Parties.

• The Contractor agrees to comply with the PBA Trust Deed Poll and to forthwith provide the Principal with a copy of any Retention Release Instruction issued pursuant to the PBA Trust Deed Poll.

• The Escrow Agent may rely upon and shall not be liable for acting or refraining from acting upon any Joint Release Instruction furnished to it hereunder and believed by it to be genuine and to have been signed and presented by the proper Party or Parties.

• If a Joint Release Instruction or Final Determination is delivered to the Escrow Agent, whether in writing, by email or otherwise, the Escrow Agent is authorized to seek confirmation of such instruction by telephone call back to the person or persons designated in Exhibits A-1 and or A-2 annexed hereto (the “Call Back Authorized Individuals”), and the Escrow Agent may rely upon the confirmations of anyone purporting to be a Call Back Authorized Individual.

• With respect to the amounts specified in any such timely delivered Claim Notices, the Escrow Agent shall promptly disburse funds from the Escrow Account within three (3) Business Days after delivery to the Escrow Agent of a Joint Release Instruction, as may be directed in such Joint Release Instruction in accordance with Section 7.5 of the Merger Agreement.

• In the event a Joint Release Instruction is delivered to the Escrow Agent, whether in writing, by telecopier, email or otherwise, the Escrow Agent is authorized to seek confirmation of such instruction by telephone call back to the person or persons designated in Exhibits A-1 and or A-2 annexed hereto (the “Call Back Authorized Individuals”), and the Escrow Agent may rely upon the confirmations of anyone purporting to be a Call Back Authorized Individual.

• The Bank shall disburse amounts standing to the credit of the Accounts in accordance with this clause 3.1 only upon receipt of a valid Progress Payment Instruction, Retention Release Instruction or Contractor Deposit Instruction duly authorised by the Contractor.

• The Escrow Agent may rely upon and shall not be liable for acting or refraining from acting upon any Joint Release Instruction, Final Determination, or Objection Notice furnished to it hereunder and reasonably believed by it to be genuine and to have been signed and presented by an authorized signer of the proper Party or Parties.

• The Closing Date shall be subject to the satisfaction of the conditions set forth in Section 3.1. Upon satisfaction of the conditions set forth in Section 3.1, each Initial Lender with a Term Loan Commitment applicable to Initial Term Loan agrees, severally and not jointly, to deliver the Joint Release Instruction as provided in Section 3.1. The amount of the requested Initial Term Loan on the Closing Date shall be $125,000,000 (net of any upfront fees and OID).

More Definitions of Release Instruction

Release Instruction means the release instruction describing the condition for the release and delivery to the Buyer the Solis Release Letter and the Solis Pay-of f Letter, in the form attached to this Agreement as Schedule 6.2.1 (C) “Relief” means any loss, relief, allowance, exemption, set-off, deduction, rights to repayment or credit granted by or available in relation to Tax pursuant to any legislation or otherwise;

Release Instruction has the meaning set forth in Section 2.3(a).

Release Instruction has the meaning given to it in the Escrow Agreement. "Relevant Jurisdiction" means, in relation to an Obligor:

Release Instruction has the meaning provided in Section 6.10(B).

Release Instruction means a Joint Instruction or a written notice delivered pursuant to Section 2.3(a).

Release Instruction means the release instruction describing the condition for the release and delivery to the Buyer the ▇▇▇▇▇ Release Letter and the ▇▇▇▇▇ Pay-off Letter, in the form attached to this Agreement as Schedule 6.2.1 (C)