Release and Discharge definition

Release and Discharge shall have the meaning set forth in Section 2.2(b)(xiii).
Sample 1
Release and Discharge shall have the meaning set forth in Section 2.2(b)(xiii). “Retained Indebtedness” means, as of the date of this Agreement, the portion of Indebtedness of the Corporation as of such date calculated in accordance with line items set forth under the heading “Retained Indebtedness” and not forming part of the Paid-Out Indebtedness in Section 1.1 of the Sellers’ Disclosure Schedule, which shall be equal to one million five hundred thousand U.S. dollars (US$1,500,000). For each item of Retained Indebtedness, Section 1.1 of the Sellers’ Disclosure Schedule (under the heading “Retained Indebtedness”) correctly sets forth the debtor, the principal amount of Indebtedness, the creditor, the maturity date and the collateral, if any, securing the Indebtedness. “Scheduled Corporation Intellectual Property ” shall have the meaning set forth in Section 3.26(a). “Sellers” shall have the meaning set forth in the first paragraph of this Agreement. “Sellers’ Disclosure Schedule” shall mean the disclosure schedule of the Sellers referred to in, and delivered pursuant to, this Agreement. 8
Sample 1

Examples of Release and Discharge in a sentence

  • Upon the Respondents successful completion of the requirements set forth in this Agreement, RIDEM shall issue a Release and Discharge of the NOV and Agreement to the Respondents for recording.

  • Upon the Respondent’s successful completion of the requirements set forth in this Agreement, RIDEM shall issue a Release and Discharge of the Agreement to the Respondent for recording.

  • Upon the Respondents successful completion of the requirements set forth in this Agreement, the RIDEM shall issue a Release and Discharge of the NOV and the Agreement to the Respondents for recording.

  • Upon the Respondent’s successful completion of the requirements set forth in this Agreement, RIDEM shall issue a Release and Discharge of the NOV and Agreement to the Respondent for recording.

  • Upon the Respondents’ successful completion of the requirements set forth in this Agreement, RIDEM shall issue a Release and Discharge of the NOV and Agreement to the Respondents for recording.

  • Upon Respondents’ successful completion of the requirements set forth in this Agreement and payment of any noncompliance penalties resulting from the failure to comply, RIDEM shall issue a Release and Discharge of the NOV and the Consent Agreement to the Respondents for recording in the Land Evidence Records of the Town of West Greenwich.

  • Each of the Sellers covenant and agree, on or prior to the Closing, to execute and deliver to Purchaser Representative, for the benefit of each of the Companies, a General Release and Discharge.

  • Upon Respondent’s successful completion of the requirements set forth in this Agreement, the RIDEM shall issue a Release and Discharge of the NOV and Agreement to Respondent for recording.

  • This Waiver, Exculpation, Release and Discharge shall include, but shall not be limited to, any claims or causes of action under any tort theory including strict liability, failure to warn or negligence, including any claims or causes of action attributable directly or indirectly to the negligence of BPT, et al.

  • Upon Respondent’s successful completion of the requirements set forth in this Agreement, RIDEM shall issue a Release and Discharge of the NOV to Respondent for recording.

Related to Release and Discharge

  • New discharger means any building, structure, facility, or installation: (A) From which there is or may be a new or additional discharge of pollutants at a site at which on October 18, 1972, it had never discharged pollutants; (B) Which has never received a finally effective NPDES permit for discharges at that site; and (C) Which is not a “new source”. This definition includes an indirect discharger, which commences discharging into waters of the United States. It also includes any existing mobile point source, such as an offshore oil drilling rig, seafood processing vessel, or aggregate plant that begins discharging at a location for which it does not have an existing permit.

  • Direct discharge means the discharge of a pollutant.

  • Illicit discharge means any discharge to a municipal separate storm sewer that is not composed entirely of stormwater except discharges pursuant to a NPDES permit (other than the NPDES permit for discharges from the municipal separate storm sewer) and discharges resulting from emergency fire fighting activities.

  • Indirect discharge means the introduction of pollutants into a POTW from any non-domestic source regulated under section 307(b), (c) or (d) of the Act.

  • Indirect discharger means a non-domestic discharger introducing pollutants into a publicly owned treatment and disposal system.

  • Daily discharge means the discharge of a pollutant measured during a calendar day or any 24-hour period that reasonably represents the calendar day for purposes of sampling. For pollutants with limitations expressed in units of mass, the "daily discharge" is calculated as the total mass of the pollutant discharged over the day. For pollutants with limitations expressed in other units of measurement, the "daily discharge" is calculated as the average measurement of the pollutant over the day.

  • Non-stormwater discharge means any discharge not comprised entirely of stormwater discharges authorized by a NPDES permit.

  • Hazardous Discharge shall have the meaning set forth in Section 4.19(d) hereof.

  • Offer and disseminate means providing general information, including a description of the coverage and price, as well as processing the application, collecting premiums, and performing other nonlicensable activities permitted by the State.

  • Land disposal means placement in or on the land, except in a corrective action management unit or staging pile, and includes, but is not limited to, placement in a landfill, surface impoundment, waste pile, injection well, land treatment facility, salt dome formation, salt bed formation, underground mine or cave, or placement in a concrete vault, or bunker intended for disposal purposes.

  • Constructive Discharge means the occurrence of any of the following:

  • Land disturbance or "land-disturbing activity" means a man-made change to the land surface that potentially changes its runoff characteristics including clearing, grading, or excavation except that the term shall not include those exemptions specified in Section 1-3 (b) of this Ordinance.

  • Final Discharge Date means the date when all principal, interest and any other costs or outstanding amounts under the Senior Finance Documents have been irrevocably discharged in full and all commitments of the Secured Parties under the Senior Finance Documents have expired, been cancelled or terminated.

  • Discharger , as used herein, means, as appropriate: (1) the Discharger, (2) the local sewering entity (when the collection system is not owned and operated by the Discharger), or (3) "indirect discharger" (where "Discharger" appears in the same paragraph as "indirect discharger”, it refers to the discharger.)

  • Senior Discharge Date means the first date on which all of the Senior Debt (other than contingent indemnification obligations) has been paid indefeasibly in full in cash and all commitments of Senior Lenders under the Senior Loan Documents have been terminated.

  • Additional Defeasible Provision means a covenant or other provision that is (a) made part of this Indenture pursuant to an indenture supplemental hereto, a Board Resolution or an Officer’s Certificate delivered pursuant to Section 3.1, and (b) pursuant to the terms set forth in such supplemental indenture, Board Resolution or Officer’s Certificate, made subject to the provisions of Article Thirteen.

  • Separation and Distribution Agreement has the meaning set forth in the Recitals.

  • Land disposal facility means the land, buildings, structures and equipment that are intended to be used for the disposal of wastes into the subsurface of the land. For purposes of this chapter, a "geologic repository" as defined in 10 CFR Part 60 or 10 CFR Part 63 is not considered a land disposal facility.

  • Defeasance has the meaning specified in Section 1302.

  • Maximum daily discharge limitation means the highest allowable “daily discharge.”

  • Required disclosure means disclosure by the director who has a conflicting interest of:

  • Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

  • Average weekly discharge limitation means the highest allowable average of “daily discharges” over a calendar week, calculated as the sum of all “daily discharges” measured during a calendar week divided by the number of “daily discharges” measured during that week.

  • Environmental Obligation shall have the meaning given such term in Section 4.3.1.

  • Covenant Defeasance has the meaning specified in Section 1303.

  • Discharge of Priority Lien Obligations means the occurrence of all of the following: