Partial Satisfaction Sample Clauses

Partial Satisfaction. CONGREGATION and VOYANT agree that delivery of the Settlement Shares pursuant to the conditions set forth herein shall partially satisfy VOYANT’s obligation by reducing the obligation under the Note by greater of (a) the minimum amount of One Hundred Eighty Thousand Dollars ($180,000.00), or (b) the amount determined by the formula referenced in paragraph 1, above. This agreement shall not serve to release any other obligation under the original Note, Stock Pledge Agreement, Guaranty or Personal Guaranty of this Note or any other agreement or document issued in connection with the Note.
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Partial Satisfaction. Acceptance by CCEE of some obligations to be satisfied by the HOSTs under this Contract does not operate as a release from any remaining obligations under this Contract.
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Partial Satisfaction. Borrower agrees not to send Agent payments marked “paid in full,” “without recourse,” or similar language. If Borrower sends such a payment, Agent may accept it without losing any of Agent’s and Lenders’ rights under the Loan Documents, and Borrower will remain obligated to pay any further amounts owed to the Agent and the Lenders.
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Partial Satisfaction. In the event that a condition specified above to Purchaser's obligation is not satisfied but only in respect of a particular Loan or Loans, then Purchaser's obligations shall remain enforceable by Seller with respect to all Loans as to which the condition is satisfied; provided, however, that if a majority in unpaid principal amount of the Loans would not be purchased and sold at Closing as otherwise contemplated by reason of application of this Section 6.5, then this Section 6.5 shall not apply.
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Partial Satisfaction. Acceptance by all PARTIES of some obligations to be satisfied under this Contract does not operate as a release from any remaining obligations under this Contract.
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Partial Satisfaction. If an injunction or restraining order shall be in effect or have been instituted and remain pending which prohibits one or more but not all of the transactions to be consummated at the Second Closing as provided in Article 11 or the FIRB Condition is satisfied with respect to one or more but not all of the transactions to be consummated at the Second Closing as provided in Article 11, then the Parties will consummate such of the transactions to be consummated at the Second Closing as provided in Article 11 as is permissible.
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Partial Satisfaction. Lakewood Group and Innofone agree that delivery of the Settlement Shares pursuant to the conditions set forth herein shall partially satisfy Innofone’s obligation by reducing the obligation under the Note by the amount of One Hundred Thousand Dollars ($100,000.00), applied first to interest through July 13, 2007 and attorneys fees, then to the Note’s principal. This agreement shall not serve to release any other obligation under the original Note, Stock Pledge Agreement, Guaranty or Personal Guaranty of this Note or any other agreement or document issued in connection with the Note.
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Partial Satisfaction. For the avoidance of doubt, the failure of the Parties to satisfy all the conditions precedent for a Supply Point, by the Earliest Supply Start Date, does not affect the Supplier's obligation to provide the Supply and the Customer's obligation to make payment in relation to the Supply, in respect of a Supply Point for which all the conditions precedent have been satisfied or waived in accordance with this Clause 3.
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Related to Partial Satisfaction

  • Full Satisfaction All Merger Consideration paid upon the surrender of Certificates or transfer of Book-Entry Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Common Stock formerly represented by such Certificate or Book-Entry Shares, and from and after the Effective Time, there shall be no further registration of transfers of shares of Company Common Stock on the stock transfer books of the Surviving Corporation. If, after the Effective Time, Certificates or Book-Entry Shares are presented to the Surviving Corporation, they shall be cancelled and exchanged for the Merger Consideration provided for, and in accordance with the procedures set forth, in this ARTICLE II.

  • Retention in Satisfaction Except as may be expressly applicable pursuant to Section 9.620 of the UCC, no action taken or omission to act by the Administrative Agent or the Guaranteed Creditors hereunder, including, without limitation, any exercise of voting or consensual rights or any other action taken or inaction, shall be deemed to constitute a retention of the Collateral in satisfaction of the Obligations or otherwise to be in full satisfaction of the Obligations, and the Obligations shall remain in full force and effect, until the Administrative Agent and the Guaranteed Creditors shall have applied payments (including, without limitation, collections from Collateral) towards the Obligations in the full amount then outstanding or until such subsequent time as is provided in Section 9.14(a).

  • Release Condition Notwithstanding anything to the contrary herein, no Severance Payments shall be due or made to Employee hereunder unless (i) Employee shall have executed and delivered a general release in favor of Employer and its affiliates, (which release shall be submitted to Employee for his review by the date of Employee’s termination of employment (or shortly thereafter), be substantially in the form of the Separation Agreement and Release attached hereto as Exhibit A and otherwise be satisfactory to Employer) and (ii) the Release Effective Date shall have occurred on or before the thirty-sixth (36th) day following the date employment terminates. The “Release Effective Date” shall be the date the general release becomes effective and irrevocable.

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Performance of Covenants and Satisfaction of Conditions To use its reasonable best efforts to do and perform all things required to be done or performed under this Agreement by the Company prior to each Closing Date and to satisfy all conditions precedent to the delivery of the Firm Stock and the Optional Stock.

  • Failure to Satisfy Conditions Precedent If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest.

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • Satisfaction of Conditions Precedent Each party will use commercially reasonable efforts to satisfy or cause to be satisfied all the conditions precedent that are applicable to them, and to cause the transactions contemplated by this Agreement to be consummated, and, without limiting the generality of the foregoing, to obtain all material consents and authorizations of third parties and to make filings with, and give all notices to, third parties that may be necessary or reasonably required on its part in order to effect the transactions contemplated hereby.

  • Satisfaction of Conditions The conditions precedent set out in Section 6.1, Section 6.2 and Section 6.3 shall be conclusively deemed to have been satisfied, waived or released at the Effective Time.

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