Release Procedure Sample Clauses

Release Procedure. In any case in which you are required to execute a release as a condition to vesting and settlement of the Performance Share Units, the applicable procedure shall be as specified under Plan Section 11(k)(v), except that the deadline for complying with such condition shall be the period provided in this Agreement.
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Release Procedure. If and only if no Insolvency Action has occurred, then ----------------- effective the Release Date:
Release Procedure. Release of cash amounts shall be made by a wire transfer, to the bank account of the party entitled to receive such payment. The Escrow Agent shall, promptly after each release or disbursement of the Escrow Funds set forth herein, deliver to Seller and Buyer a notice setting forth the aggregate amount of the Escrow Funds so released or disbursed to Seller or Buyer and the balance of the Escrow Funds as of such date.
Release Procedure. In any case in which you are required to execute a release as a condition to vesting and settlement of the Performance Share Units, the Company will supply you with a form of such release or other agreement not later than the date of your separation from service, which must be returned within the time period required by law (or ten business days if no legally mandated period applies) and you must not revoke within the applicable time period (if any) in order for you to satisfy any such condition. If any amount payable during a fixed period following separation from service is subject to such a requirement and the fixed period could begin in one year and end in the next, payment shall be made or commenced to be made in the next year regardless of when you return the release or other agreement.
Release Procedure. Upon the occurrence and continuation of a ----------------- Release Event, MKE will notify the Escrow Agent. The Escrow Materials will be released for use by MKE, subject to the terms and conditions hereof, only after notice of such Release Event from the Escrow Agent to Replay and Replay's failure to declare in writing to the Escrow Agent within [***] that no Release Event has occurred. If Replay makes such written declaration, then the issue of whether a Release Event has occurred and is continuing shall be submitted to arbitration in Santa Xxxxx County, California, under the Commercial Arbitration Rules of the American Arbitration Association by one (1) arbitrator appointed in accordance with said Rules. Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. The costs of the arbitration, including administrative and arbitrator's fees, shall be shared equally by the parties. Each party shall bear the costs of its own attorneys' fees in connection with such arbitration. [***] = CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
Release Procedure. Subject to the provisions of this Section 9.5.4.2, the Escrow Agent is hereby authorized to release the Escrow Materials to Alstom upon receiving written authorization from Alstom certifying that Alstom is entitled to the Escrow Materials (the “Release Notice”) pursuant to Section 9.5.4.1. Alstom shall provide a copy of each Release Notice to BSE.
Release Procedure. Borrower shall provide Bank with a fully prepared request for partial release for the Construction Parcel or any Release Parcel to be released, together with the items described in Section 15.1, 15.2 and 15.3 not less than ten (10) Business Days prior to the requested release date.
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Release Procedure. STI shall test (or have tested at a third party laboratory as agreed by SyntheMed) the Agreement Product to the full finished product specification in accordance with the requirements specified. SyntheMed shall be responsible for the final release of the Agreement Product according to agreed upon procedures. STI shall provide or have available:
Release Procedure a. If and only if the Preliminary Partial Satisfaction and First Partial Satisfaction have occurred and no Insolvency Action has occurred, then effective --------- the First Release Date, the Outstanding Guarantee Indebtedness shall be reduced ---------------------- to US$1 million. Except as expressly provided otherwise in this subsection 3.a. or subsections 3.b. of this Agreement, the Loan Documents shall remain in full force and effect at all times after the Effective Date.
Release Procedure. The Bank's obligation to permit the partial release or satisfaction of the lien of the Mortgage encumbering any one Individual Parcel (a "Release Property") shall be contingent upon all of the following: (i) no Event of Default shall have occurred and be continuing, (ii) payment to the Bank of the Release Price (defined below), (iii) payment of any and all expenses, including reasonable attorneys' fees in respect of such release incurred by the Bank, costs of recording releases, and incidental release fees charged by the Bank, in connection with such release, (iv) the Release Property shall be the entire Individual Parcel.
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