WAIVERS AND RELEASES definition

WAIVERS AND RELEASES. The Bank can waive or delay enforcing any of its rights without losing them. The Bank can waive or delay enforcing a right as to Borrower or any other borrower without waiving it as to others. Also, the Bank can release any Collateral or release one borrower from its responsibility under this agreement without releasing the others. The Bank need not give notice of any waiver, delay, release, or default to anyone. If any provision of this agreement is found invalid, the remaining provisions shall remain in full force and effect. The Bank's failure to properly file financing statements against the Collateral will not affect Borrower's obligations to the Bank. ROBOCOM SYSTEMS INTERNATIONAL INC.
Sample 1

Examples of WAIVERS AND RELEASES in a sentence

  • CONTRACTOR HEREBY PROMISES TO TENDER SUCH WAIVERS AND RELEASES TO TEXTRON SYSTEMS.

  • SAID WAIVERS AND RELEASES AND THE FINAL PAYMENT SHALL EACH BE ADDITIONAL MUTUAL CONSIDERATION FOR THE TENDER OF THE OTHER.

  • I believe and represent that I HAVE LEGAL AUTHORITY TO MAKE THESE WAIVERS AND RELEASES, and I agree to indemnify and defend the Releasees for all liability arising out of any lack of authority on my part to make such waivers and releases.

  • THE WAIVERS AND RELEASES GRANTED BY PARENT HEREUNDER ARE LEGALLY BINDING AND SHALL BE CONSIDERED IRREVOCABLE.

  • THE WAIVERS AND RELEASES GRANTED BY PARTICIPANT HEREUNDER ARE LEGALLY BINDING AND SHALL BE CONSIDERED IRREVOCABLE.

  • PARENT, THE COMPANY (FROM AND AFTER THE CLOSING) MERGER SUB AND MERGER SUB II, ON THEIR OWN BEHALF AND ON BEHALF OF THEIR AFFILIATES, EACH AGREES THAT, TO THE EXTENT REQUIRED BY APPLICABLE LEGAL REQUIREMENT TO BE EFFECTIVE, THIS AGREEMENT AND THE WAIVERS AND RELEASES CONTAINED IN THIS SECTION 8.9(a) ARE CONSPICUOUS.

  • EACH PARTY EXPRESSLY WARRANTS THAT IT HAS BEEN REPRESENTED BY LEGAL COUNSEL IN THIS MATTER, AND LEGAL COUNSEL HAS READ AND EXPLAINED TO EACH PARTY THE ENTIRE CONTENTS OF THIS AGREEMENT, AND ITS WAIVERS AND RELEASES IN FULL.

  • I believe and represent that I HAVE LEGAL AUTHORITY TO MAKE THE WAIVERS AND RELEASES CONTAINED HEREIN and I agree to indemnify and holdharmless Montessori at Riverton for any liability of any kind arising out of any lack of authority on my part to make such waivers and releases.

  • EFFECTIVE DATE OF WAIVERS AND RELEASES OF CLAIMS.— The waivers and releases authorized under subsections (a) and(c) shall take effect on the day Fish Springs makes the payment to the Tribe as provided in subparagraph 4.2 of the Agreement.

  • Each league must also20provide adequate accident insurance coverage.

Related to WAIVERS AND RELEASES

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • General Release has the meaning stated in Section 6.03.

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • Mutual Release means the mutual release in the form attached hereto as Exhibit A.

  • Proof of Claim and Release means the Proof of Claim and Release form for submitting a Claim, which, subject to approval of the Court, shall be substantially in the form attached hereto as Exhibit A-2, that a Class Member must complete and submit should that Class Member seek to share in a distribution of the Net Settlement Fund.

  • Releases means any release, threatened release, spill, emission, leaking, pumping, pouring, emitting, emptying, escape, injection, deposit, disposal, discharge, dispersal, dumping, leaching or migration of Hazardous Material into or through the environment.

  • Current Release means the latest version of the Software offered for general commercial distribution at a given point in time, including all New Releases.

  • Threatened Release means a substantial likelihood of a Release which requires action to prevent or mitigate damage to the soil, surface waters, groundwaters, land, stream sediments, surface or subsurface strata, ambient air or any other environmental medium comprising or surrounding any Property which may result from such Release.

  • Waivers means exemptions from or waivers of Buy American Laws, or the procedures and conditions used by an executive department or agency (agency) in granting exemptions from or waivers of Buy American Laws.

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Non-Competition Agreements has the meaning set forth in the Recitals.

  • Plaintiffs’ Releasees means Plaintiffs, and any and all of their related parties, including, without limitation, any and all members of their immediate families, agents or other persons acting on their behalf, attorneys, advisors, financial advisors, accountants, assigns, creditors, heirs, estates and legal representatives.

  • New Release means a partial or complete replacement of the executable code of the Software in machine-readable form, which may provide new features or functions. A New Release may incorporate some or no enhancements. A New Release involves only such alterations that change the release number to the immediate right of the decimal point. Changes to the release number are made solely at the discretion of the Licensor.

  • Restrictive Covenant Agreements has the meaning set forth in the Recitals.

  • Noncompetition Agreements as defined in Section 2.8(a)(iv). "Occupational Safety and Health Law"--any law or regulation designed to provide safe and healthy working conditions and to reduce occupational safety and health hazards, and any program, whether governmental or private (including those promulgated or sponsored by industry associations and insurance companies), designed to provide safe and healthful working conditions.

  • Competent and reliable scientific evidence means tests, analyses, research, studies, or other evidence based on the expertise of professionals in the relevant area, that has been conducted and evaluated in an objective manner by persons qualified to do so, using procedures generally accepted in the profession to yield accurate and reliable results.

  • Defendants’ Releasees means Defendants and their current and former parents, affiliates, subsidiaries, officers, directors, agents, successors, predecessors, assigns, assignees, partnerships, partners, trustees, trusts, employees, Immediate Family Members, insurers, reinsurers, and attorneys.

  • Work release means a program of partial confinement

  • General Agreement means the Government Officers Salaries, Allowances and Conditions General Agreement PSA AG 25 of 2002 or its replacement or the Public Service General Agreement PSA AG 24 of 2002 or its replacement whichever is applicable.

  • Separation Agreement has the meaning set forth in the recitals to this Agreement.

  • Environmental Releases means releases as defined in CERCLA or under any applicable state or local environmental law or regulation.