Authorization to Release Clause Samples
Authorization to Release. Each of the First Lien Secured Parties reaffirms its authorization and instruction to the First Lien Collateral Agents under Section 4.08 of the First Lien Intercreditor Agreement with respect to release of First Lien Collateral. Each of the Second Lien Secured Parties irrevocably authorizes and instructs the Second Lien Collateral Agents:
(a) to release any Lien on any property granted to or held by the Second Lien Collateral Agent under any Second Lien Security Document in accordance with 5.01(d) and 6.04 or upon receipt of a written request from Holdings stating that the release of such Lien is permitted by the terms of each then extant Second Lien Credit Document; and
(b) to release any Grantor from its obligations under the Second Lien Security Documents upon receipt of a written request from Holdings stating that such release is permitted by the terms of each then extant Second Lien Credit Document or in accordance with Sections 5.01(d) and 6.04.
Authorization to Release. Notwithstanding the generality of the terms of Section 10.12 of the Credit Agreement, each Lender and Issuer and other Secured Party that is party hereto hereby expressly authorizes the Administrative Agent to release the Subject Assets from the Liens granted under the Loan Documents concurrent with, or upon the effectiveness of, the Disposition of such Subject Assets and the concurrent release of the Subject Assets from the Liens securing the HY Notes.
Authorization to Release. (a) Each of the Parties agrees that the Escrow Property shall not be released, in whole or in part, by the Escrow Agent from the Escrow Account unless such release is in accordance with (1) the terms of this Clause 5 (Release of Escrow Property) and Clause 6.2 (Call Back) or (2) the terms of an Enforceable Order; provided that an Enforceable Order must be accompanied by a Legal Opinion.
(b) If the Escrow Agent shall have received (i) an Acquisition Completion Certificate (any such certificate to be copied to the Trustee), (ii) a Transfer Instruction and (iii) confirmation pursuant to Clause 6.2 (Call Back), then the Escrow Agent shall promptly release and transfer from the Escrow Account such amounts as set out in the Transfer Instruction; provided such Transfer Instruction is received by the Escrow Agent no later than 4:00 P.M. U.K. Time (11:00 A.M. New York Time) on the one Business Day before the time at which the payments are to be made.
(c) If the Escrow Agent shall have received (i) a Special Mandatory Redemption Certificate (any such certificate to be copied to the Trustee), (ii) a Transfer Instruction and (iii) confirmation pursuant to Clause 6.2 (Call Back), then the Escrow Agent shall promptly release and transfer from the Escrow Account such amounts as set out in the Transfer Instruction; provided such Transfer Instruction is received by the Escrow Agent no later than 4:00 P.M. U.K. Time (11:00 A.M. New York Time) on the one Business Day before the time at which the payments are to be made.
Authorization to Release. The following individuals have my permission to pick up on a daily basis and in case of illness/injury. Our policy is to contact the participant’s relative regarding medical treatment if the participant becomes seriously injured or ill at the Center. When necessary, the participant will be taken to the nearest emergency facility. Any changes to this form must be in writing and turned in to the Adult Day Center Office.