Common use of Beneficiary Request for Release Clause in Contracts

Beneficiary Request for Release. If the provisions of Section 6(a)(ii) are met, Escrow Associates will within ten (10) business days forward a complete copy of the request to Depositor. Depositor shall have thirty (30) days to make any and all objections to the release known to Escrow Associates in writing. If after thirty (30) days Escrow Associates has not received any written objection from Depositor, Escrow Associates shall release the Deposit Materials to Beneficiary as instructed by Beneficiary.

Appears in 4 contracts

Samples: Product Development and Manufacturing Agreement, Product Development and Manufacturing Agreement (Gogo Inc.), Product Development and Manufacturing Agreement (Gogo Inc.)

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Beneficiary Request for Release. If the provisions of Section 6(a)(ii) are met, Escrow Associates will within ten (10) business days forward a complete copy of the request to Depositor. , Depositor shall have thirty (30) days to make any and all objections to the release known to Escrow Associates in writing. If after thirty (30) days Escrow Associates has not received any written objection from Depositor, Escrow Associates shall release the Deposit Materials to Beneficiary as instructed by Beneficiary.

Appears in 2 contracts

Samples: Technology Escrow Agreement (Gogo Inc.), Technology Escrow Agreement (Gogo Inc.)

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