Final Dismissal Sample Clauses

Final Dismissal. The Stipulated Final Dismissal shall be submitted to the Arbitrator for signature and approval.
Sample 1
Final Dismissal. Upon NASDAQ's recognition that MSI shares held by the BLA TRUST are no longer subject to the restrictions of the Voting Agreement, the BLA TRUST will cause all remaining causes of action to be dismissed with prejudice and all claims against any DEFENDANTS which have been reserved hereunder will be released in full. Should NASDAQ find that the BLA TRUST is subject to the restrictions of the Voting Agreement, the stay of the Action will end upon written notice to the Court and to all DEFENDANTS; BLA TRUST may at that time proceed with the remaining causes of action and the MSI Board will be free to adopt what ever resolutions on the subject of the Voting Agreement it deems to be in the best interests of MSI and its shareholders, including a resolution that, in light of NASDAQ's actions, the restrictions of Voting Agreement will thereafter be applied to shares held by the BLA TRUST.
Sample 1
Final Dismissal. As consideration, it is agreed and understood that NCE will withdraw its Motion for Reconsideration within two (2) days of the execution of this Agreement and the receipt of the Settlement Payment of $110,000.00, and allow the Order of Dismissal to become a final, non-appealable order.
Sample 1

Related to Final Dismissal

  • Dismissal The School shall not dismiss or transfer a student involuntarily, unless the dismissal or transfer is accomplished through procedures established by the School that are in compliance with applicable laws and due process requirements, provided that any dismissal of a student with a disability shall comply with the requirements of Ch. 8-60, HAR.

  • Summary Dismissal The employer has the right to dismiss any employee without notice for serious misconduct and in such cases any entitlements under this award are to be paid up to the time of dismissal only.

  • Release; Termination (a) Upon any sale, lease, transfer or other disposition of any item of Collateral of any Grantor in accordance with the terms of the Loan Documents or otherwise as specified in Section 9.10 of the Credit Agreement, the Collateral Agent will, at such Grantor’s expense, execute and deliver to such Grantor such documents as such Grantor or the applicable transferee shall reasonably request to evidence the release of such item of Collateral from the assignment and security interest granted hereby; provided, however, that (i) at the time of such request and such release no Event of Default shall have occurred and be continuing, (ii) such Grantor shall have delivered to the Collateral Agent, at least five days prior to the date of the proposed release (or such later date as may be reasonably acceptable to the Collateral Agent), a written request for release in reasonable detail describing the item of Collateral, together with a form of release for execution by the Collateral Agent and a certificate of such Grantor to the effect that the transaction is in compliance with the Loan Documents, (iii) the proceeds of any such sale, lease, transfer or other disposition required to be applied, or any payment to be made in connection therewith, in accordance with Section 2.05 of the Credit Agreement shall, to the extent so required, be paid or made to, or in accordance with the instructions of, the Collateral Agent when and as required under Section 2.05 of the Credit Agreement, and (iv) with respect to sales, leases, transfers or the dispositions of Equipment and Inventory in the ordinary course of business and other sales, leases, transfers or other dispositions and dispositions that are not prohibited by the Credit Agreement, the Liens granted herein shall, to the extent contemplated by Section 9.10 of the Credit Agreement, be deemed to be released with no further action on the part of any Person. (b) Upon the latest of (i) the payment in full in cash of the Secured Obligations (other than contingent indemnification obligations as to which (x) no claim has been made or (y) if a claim has been made such claim is in a determinable amount and has been Cash Collateralized) and (ii) the expiration or termination or Cash Collateralization in accordance with Section 2.03(g) of the Credit Agreement of all Letters of Credit, the pledge and security interest granted hereby shall terminate and all rights to the Collateral shall revert to the applicable Grantor. Upon any such termination, the Collateral Agent will, at the applicable Grantor’s expense, execute and deliver to such Grantor such documents as such Grantor shall reasonably request to evidence such termination.

Most Referenced Clauses

Most Referenced Definitions