Release Transaction definition

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

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Release Transaction is defined in Section 7.17(a).

Release Transaction has the meaning specified in the definition of “Release Conditions.” “Relevant Payment” has the meaning specified in Section 10.10.

Examples of Release Transaction in a sentence

• The Depositary shall only issue ADSs in whole numbers and deliver , if applicable, ADR(s) evidencing whole numbers of ADSs. Nothing herein shall prohibit any Pre- Release Transaction upon the terms set forth in the Deposit Agreement.

• However, this Agreement shall not terminate prior to the expiration of the effective date of any Capacity Release Transaction.

• In addition, each Secured Guarantor shall have the right to make withdrawals from each Specified Borrowing Base Account if and to the extent that a Borrowing Base Release Transaction would be permitted pursuant to Section 2.15 with respect to amounts on deposit in such Specified Borrowing Base Account.

• Nothing herein shall prohibit any Pre- Release Transaction upon the terms set forth in this Deposit Agreement.

• It is provided, however that this Agreement shall not terminate prior to the expiration of the effective date of any Capacity Release Transaction.

• It is provided, however that this Agreement shall not terminate prior to the expiration of any Capacity Release Transaction.

• It is recognized, however, that once a Capacity Release Transaction has been awarded, Company cannot increase the Reservation Charge to be paid by Shipper under that Capacity Release Transaction, unless in its bid the Acquiring Shipper has agreed to pay a percentage of the maximum tariff rate in effect and the maximum tariff rate increases during the term of the Capacity Release Transaction.

• Upon the finalization of a Capacity Release Transaction, subject to the terms, conditions and limitations hereof and Company's Rate Schedule CSS, Company agrees to provide the released firm storage service to Shipper under Rate Schedule CSS, the General Terms and Conditions thereto, and this Agreement.

• It is understood and agreed that each Borrowing Base Release Transaction pursuant to this Section 2.25(b) shall be deemed to constitute a representation and warranty by the Borrower that the conditions set forth in clauses (i) and (ii) of this Section 2.25(b) shall have been met.

• Company’s obligation to withdraw gas from Storage for delivery at the Storage Point on any day is limited to the available Maximum Daily Withdrawal Quantity (MDWQ) specified on Exhibit A or any effective Capacity Release Transaction and Shipper’s Storage Inventory.

More Definitions of Release Transaction

Release Transaction has the meaning specified in Section 5.06(a).

Release Transaction has the meaning specified in the definition of “Release Conditions.” “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates. “Relevant Governmental Body” means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York for the purpose of recommending a benchmark rate to replace LIBOR in loan agreements similar to this Agreement. “Replacement BankNote Property Mortgage Financing” has the meaning specified in Section 2.19(a)(i). “Request for Credit Extension” means (a) with respect to a Borrowing of Committed Loans, or with respect to a conversion or continuation of Loans, a Committed Loan Notice, and (b) with respect to an L/C Credit Extension, a Letter of Credit Application. “Required Lenders” means, at any time, Lenders having Total Credit Exposures representing more than 50% of the Total Credit Exposures of all Lenders. The Total Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Lenders at any time; provided that, the amount of any participation in Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the applicable L/C Issuer in making such determination. “Responsible Officer” means the chief executive officer, president, vice president, chief financial officer, treasurer, assistant treasurer, general counsel, vice chairman, chief legal officer or controller of a Loan Party (or of any entity authorized to act on behalf of such Loan Party), solely for purposes of the delivery of incumbency certificates pursuant to Section 4.01, the secretary or any assistant secretary of a Loan Party (or entity authorized to act on behalf of such Loan Party) and, solely for purposes of notices given pursuant to Article II, any other officer or employee of the applicable Loan Party (or entity authorized to act on behalf of such Loan Party) so designated by any of the foregoing officers in a notice to the Administrative Agent or any other 39

Release Transaction means an asset sale in which the Borrower disposes of Designated Assets; provided that such Designated Assets are sold at or above 95% of the book value of such assets.

Release Transaction has the meaning specified in the definition of “Release Conditions.” “Removal Effective Date” has the meaning specified in Section 8.07(b). “Replacement Lender” has the meaning specified in Section 9.01(b). “Required Incremental Term Loan Lenders” means, as of any time with respect to any Incremental Term Loan Facility, Incremental Term Loan Lenders owed or holding greater than fifty percent (50%) of the Incremental Term Advances of the applicable Incremental Term Loan Facility; provided that at all times when there are two or more Lenders, the term “Required Incremental Term Loan Lenders” shall in no event mean less than two Lenders. For purposes of this definition, any of the foregoing amounts owed to or held by any Defaulting Lender shall be disregarded in determining Required Incremental Term Loan Lenders at any time. “Required Lenders” means, as of any time, Lenders holding more than 50% of the sum of the (a) Total Outstandings and (b) aggregate unfunded Incremental Term Loan Commitments (in each case, if any); provided that at all times when there are two or more Lenders, the term “Required Lenders” shall in no event mean less than two Lenders. For purposes of this definition, any of the foregoing amounts owed to or held by any Defaulting Lender shall be disregarded in determining Required Lenders at any time. “Required Term Loan Lenders” means, as of any time, Term Loan Lenders owed or holding greater than fifty percent (50%) of the aggregate principal amount of the Advances outstanding at such time under the Term Loan Facility; provided that at all times when there are two or more Term Loan Lenders, the term “Required Term Loan Lenders” shall in no event mean less than two Lenders. For purposes of this definition, any of the foregoing amounts owed to or held by any Defaulting Lender shall be disregarded in determining Required Term Loan Lenders at any time.

Release Transaction has the meaning ascribed to such term in Section 7.32(a).