Common use of Acknowledgment of Release Clause in Contracts

Acknowledgment of Release. Pursuant to Section 9.10 of the Credit Agreement, the Administrative Agent hereby acknowledges the release of each of CB&I Contractor’s Inc. (f/k/a Xxxx Constructors, Inc.), CB&I Stone & Xxxxxxx Construction, Inc. (f/k/a Stone & Xxxxxxx Construction, Inc.), CB&I Stone & Xxxxxxx, Inc. (f/k/a Stone & Xxxxxxx, Inc.) and CB&I Stone & Xxxxxxx Asia, Inc. (f/k/a Stone & Xxxxxxx Asia, Inc.) from its obligations under the Guaranty concurrent with, and conditioned upon, the consummation of Project Bluefin.

Appears in 3 contracts

Samples: Credit Agreement (Chicago Bridge & Iron Co N V), Revolving Credit Agreement (Chicago Bridge & Iron Co N V), Term Loan Agreement (Chicago Bridge & Iron Co N V)

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Acknowledgment of Release. Pursuant to Section 9.10 12.10 of the Credit Agreement, the Administrative Agent hereby acknowledges the release of each of CB&I Contractor’s Inc. (f/k/a Xxxx Constructors, Inc.), CB&I Stone & Xxxxxxx Construction, Inc. (f/k/a Stone & Xxxxxxx Construction, Inc.), CB&I Stone & Xxxxxxx, Inc. (f/k/a Stone & Xxxxxxx, Inc.) and CB&I Stone & Xxxxxxx Asia, Inc. (f/k/a Stone & Xxxxxxx Asia, Inc.) from its obligations under the Guaranty concurrent with, and conditioned upon, the consummation of Project Bluefin.

Appears in 1 contract

Samples: Term Loan Agreement (Chicago Bridge & Iron Co N V)

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