No Obligation to Release Sample Clauses

No Obligation to Release. Southwest shall not be required to release to Correspondent any securities or cash held by Southwest for Correspondent in one or more Correspondent Accounts until any and all amounts owing to Southwest pursuant to the provisions of this Agreement are paid; and Correspondent's outstanding obligations hereunder to Southwest are determined, including determination of any disputed amounts, and satisfied, and any property of Southwest in the possession of Correspondent is returned to Southwest.
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No Obligation to Release. Pensxx xxxll not be required to release to Correspondent any securities or cash held by Pensxx for Correspondent in one or more Correspondent Accounts until any amounts owing to Pensxx xxxsuant to the provisions of this Agreement are paid; and Correspondent's outstanding obligations hereunder to Pensxx xxx determined, including determination of any disputed amounts, and satisfied; and any property of Pensxx xx the possession of Correspondent is returned to Pensxx.
No Obligation to Release. FSWC shall not be required to release to CLAY any securities or cash held by FSWC for CLAY in one or more CLAY Accounts until (i) any amounts owing to FSWC pursuant to the provisions of this Agreement are paid; (ii) CLAY’s outstanding obligations hereunder to FSWC are determined, including determination of any disputed amounts, and satisfied; and (iii) any Property of FSWC in the possession of CLAY is returned to FSWC.
No Obligation to Release. NFS shall not be required to release to Correspondent any securities or cash held by NFS for Correspondent in any Correspondent Account or the Settlement Account until; (1) any amounts owing to NFS pursuant to the provisions of this Agreement are determined and Correspondent’s outstanding obligations hereunder to NFS are paid, including determination of any disputed amounts; (2) any property of NFS in the possession of Correspondent is returned to NFS; (3) arrangements satisfactory to NFS have been made by Correspondent with respect to each Account introduced to NFS by Correspondent. NFS agrees to return any amounts owed to Correspondent within 30 days from the effective termination of this Agreement.
No Obligation to Release. Penson shall not be required to release to Corrxxxxxxent any securities or cash held by Penson for Correspondent in one or more Correspoxxxxx Accounts until any amounts owing to Penson pursuant to the provisions of this Agreemxxx are paid; and Correspondent's outstanding obligations hereunder to Penson are determined, including determinatiox xx xny disputed amounts, and satisfied; and any property of Penson in the possession of Correspondent 1$ xxxxxned to Penson.
No Obligation to Release. If any payment on account of the Obligations is made the Agent shall not by reason thereof be required to surrender any of the Collateral; provided that the Agent shall, at the request of the Pledgor, surrender the Collateral to the Pledgor upon demand following the date on which all indebtedness and liability of the Borrower to the Lenders has been fully paid and satisfied.
No Obligation to Release. Xxxxxx shall not be required to release to Correspondent any securities or cash held by Xxxxxx for Correspondent in one or more Correspondent Accounts until any amounts owing to Xxxxxx pursuant to the provisions of this Agreement are paid; and Correspondent's outstanding obligations hereunder to Xxxxxx are determined, including determination of any disputed amounts, and satisfied; and any property of Xxxxxx in the possession of Correspondent is returned to Xxxxxx.
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No Obligation to Release. If any payment on account of the Obligations is made MFC will not by reason thereof be required to surrender any of the Collateral; provided that MFC will, at the request of Druxxxxx, xurrender the Collateral to Druxxxxx xxon the earlier of the date on which:

Related to No Obligation to Release

  • No obligation to monitor No Finance Party is bound to monitor or verify the utilisation of a Facility.

  • No Obligation to Mitigate Executive shall not be required to seek other employment or otherwise to mitigate Executive's damages upon any termination of employment; provided, however, that, to the extent Executive receives from a subsequent employer health or other insurance benefits that are substantially similar to the benefits referred to in Section 5(b) hereof, any such benefits to be provided by the Company to Executive following the Term shall be correspondingly reduced.

  • No Obligation to Seek Advice Nothing in this section shall be construed so as to impose an obligation upon PFPC (i) to seek such directions or advice or Oral Instructions or Written Instructions, or (ii) to act in accordance with such directions or advice or Oral Instructions or Written Instructions.

  • No Obligation to Act The Agent shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section 9-1 herein, but if the Agent elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power, and shall not be responsible to the Borrower for any act or omission to act except for any act or omission to act as to which there is a final determination made in a judicial proceeding (in which proceeding the Agent has had an opportunity to be heard) which determination includes a specific finding that the subject act or omission to act had been grossly negligent or in actual bad faith.

  • Company to Reaffirm Obligations The Company will, at the time of each exercise of this Warrant, upon the written request of the Holder hereof, acknowledge in writing its continuing obligation to afford to the Holder all rights (including without limitation any rights to registration of the shares of Common Stock issued upon exercise) to which the Holder shall continue to be entitled after exercise in accordance with the terms of this Warrant; provided, however, that if the Holder shall fail to make a request, the failure shall not affect the continuing obligation of the Company to afford the rights to such Holder.

  • No Obligation to Mitigate Damages Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking (and no payment otherwise required hereunder shall be reduced on account of) other employment or otherwise, nor will any payments hereunder be subject to offset in respect of any claims which the Company may have against Executive.

  • No Obligation to Register The Company shall be under no obligation to register the Restricted Shares pursuant to the Securities Act or any other federal or state securities laws.

  • No Obligation to Recognize Invalid Transfer The Company shall not be required (1) to transfer on its books any of the Shares which shall have been sold or transferred in violation of any of the provisions set forth in this Section 4, or (2) to treat as owner of such Shares or to pay dividends to any transferee to whom any such Shares shall have been so sold or transferred.

  • Agreement to Release My Claims In exchange for the consideration described in the Agreement, I give up and release all of My Claims. I will not make any demands or claims against the Company for compensation or damages relating to My Claims. The consideration that I am receiving is a fair compromise for the release of My Claims.

  • No Obligation to Employ Nothing in the Plan or this Agreement shall confer on Participant any right to continue in the employ of, or other relationship with, the Company or any Affiliate, or limit in any way the right of the Company or any Affiliate to terminate Participant’s employment or other relationship at any time, with or without Cause.

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