Release Notice definition

Release Notice has the meaning specified in Section 11.19(b).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Release Notice means an irrevocable authorization to release proceeds in the form of a Subsequent Draw, submitted by Agent to Escrow Agent in substantially the form of Exhibit E.

Release Notice means a written notice in the form set out in Schedule B attached hereto executed by the Company;

Examples of Release Notice in a sentence

The Subscription Receipt Agent shall deliver the Escrowed Funds referred to in this Section 3.2 to the Corporation as directed by the Corporation as soon as practicable following receipt of the Escrow Release Notice.
If the Corporation has delivered the Escrow Release Notice in accordance with Section 3.1 to the Subscription Receipt Agent at or before the Escrow Release Deadline the Corporation shall be entitled to receive from the Subscription Receipt Agent an amount equal to the Escrowed Funds.
Pursuant to the Subscription Receipt Agreement, the “Release Date” is the date, or the Business Day following such date, on which the Subscription Receipt Agent receives the Escrow Release Notice in the form required under the Subscription Receipt Agreement, which notice will inform the Subscription Receipt Agent of the satisfaction or waiver of the Escrow Release Conditions and will instruct the Subscription Receipt Agent to pay the Escrowed Funds in accordance with the Subscription Receipt Agreement.
The delivery of a Release Notice with respect to any Borrower shall not terminate any obligation of any other Borrower.
The Corporation may determine the precise timing of the delivery of the Escrow Release Notice following the satisfaction of the Escrow Release Conditions.

More Definitions of Release Notice

Release Notice has the meaning specified in the definition of “Release Conditions.”

Release Notice has the meaning set forth in Section 2.2(a).

Release Notice. (the "Release Notice") issued by the Principal only upon the closing of a successful merger between Principal and an acceptable merger candidate;

Release Notice means a notice to the Security Agent in the form attached as Schedule A to this Agreement; and

Release Notice has the meaning specified in Section 3.06(b)(ii).

Release Notice has the meaning set forth in Section 7.13(B).

Release Notice has the meaning given to such term in Section 2.13.