Release Notice Clause Samples

Release Notice. Within three (3) business days after receipt of the Release Notice, the Escrow Agent shall deliver to BSE a copy of the Release Notice and shall confirm such delivery in writing to Alstom. If the Escrow Agent, within ten (10) business days after delivering the Release Notice to BSE, does not receive (i) a written statement from Alstom withdrawing such Release Notice, or (ii) a counter-notice from BSE (the “Counter-Notice”), then the Escrow Agent shall promptly deliver the Escrow Materials to Alstom.

Release Notice. The Company shall, upon the Release Conditions having been satisfied or waived, forthwith deliver the Release Notice to the Subscription Receipt Agent.

Release Notice. A notice (each, an “Asset Sale Release Notice”), which shall (A) refer to this Section 10.03, (B) attach all the documents referred to below, (C) describe with particularity the Released Asset, (D) specify the value of such Released Asset on a date within 60 days of the Asset Sale Release Notice (the “Valuation Date”), (E) certify that the purchase price received is equal to the Fair Market Value of the released Asset as of the date of such release, (F) state that the Released Asset will not interfere with or impede the Trustee’s ability to realize the value of the remaining Collateral and will not impair the maintenance and operation of the remaining Collateral, (G) confirm the sale of, or an agreement to sell, such Released Interest in a bona fide sale to a person that is not an Affiliate of the Company or of its Subsidiaries or, in the event that such sale is to an Affiliate, confirm that such sale is being made in accordance with Section 4.11 and (H) be accompanied by a counterpart of the instruments proposed to give effect to the release fully executed and acknowledged (if applicable) by all parties thereto other than the Collateral Agent;

Release Notice. Upon the occurrence of any Release Event, AT&T may deliver to Agent a written notice (the "Release Notice") of the Release Event and requesting release of the Deposit as provided for in paragraph 7. 1. The Release Notice must contain a statement, verified by an officer of AT&T, that the applicable Release Event has occurred and that the Deposit is to be released.

Release Notice. A notice (each, a "Real Property Release Notice") which shall (A) refer to this Section 10.03, (B) attach all the documents referred to below, (C) describe with particularity the Released Real Property, (D) specify the value of such Released Real Property on a date within 60 days of the Real Property Release Notice (the "Real Property Valuation Date"), (E) state that the Released Real Property will not interfere with or impede the Trustee's ability to realize the value of the remaining Collateral, is not necessary for the proper and efficient operation of the Mortgaged Property or for the compliance by the Mortgaged Property with any applicable law, code or ordinance, including, without limitation, any Environmental Law, and is not an integral part of the Company's operations as conducted at the Mortgaged Property on the Issue Date, and (F) be accompanied by a counterpart of the instruments proposed to give effect to the release fully executed and acknowledged (if applicable) by all parties thereto other than the Collateral Agent;

Release Notice. The Depositee undertakes at the end of the Deposit Period to issue to the Depositor the Depositee's Declaration, which is required for the deletion of the Security Deposit from the share registry of the relevant Countersignor at the end of the Deposit Period.

Release Notice. Releasor may initiate the assignment of the service rights it is seeking to release and assign by electronically transmitting the information specified below to Transporter's EBB ("Release Notice"). Such electronic Release Notice shall contain the following information regarding the capacity that Shipper is seeking to release: (1) Releasor's identity, the Rate Schedule under which Releasor seeks to release capacity, and the contract number assigned by Transporter to the Service Agreement under which ▇▇▇▇▇▇▇ seeks to release capacity; (2) whether release is on a temporary or permanent basis; (3) the numeric quantity on a per day basis for transportation, and the term (duration); (4) the receipt and delivery points; (5) any applicable recall provisions relating to the proposed release, and, if applicable, whether the Replacement Shipper will have the option to refuse the capacity after recall has ended and whether the Replacement Shipper may obtain a Voluntary Interruption Commitment with respect to the capacity subject to such recall pursuant to Section 15.6 of the General Terms and Conditions of Transporter’s Tariff; (6) any minimum conditions concerning the rate, term, or volume that the releasing shipper is willing to accept (and that Releasor wishes to have posted on Transporter's EBB), or a statement that it has separately revealed to Transporter any such minimum conditions, which shall be posted following the close of bidding; (7) whether Releasor will accept contingent bids for the capacity being released and, if so, all terms and conditions of acceptable contingencies including the manner in which such contingent bids will be evaluated; (8) for releases subject to maximum rates pursuant to Section 14.4 (e), the maximum reservation charge (including demand-type surcharges) applicable to the capacity being released; (9) the date and time of (i) the posting of the release notice on Transporter's EBB, and (ii) the close of the bidding for the released capacity; (10) whether the Releasor has a prepackaged arrangement to assign the service to a specified Replacement Shipper; and, if so, the identity, address, and telephone number of the designated Replacement Shipper and the price the prospective Replacement Shipper has agreed to pay under any such prepackaged arrangement; (11) objective criteria for evaluating responsive bids by potential Replacement Shippers and for breaking ties among highest bidders, to the extent that Releasor's criteria are at varia...

Release Notice. A notice (each a "Release Notice" which shall (A) refer to this Section 3.2(c), (B) attach all the documents referred to below, (C) describe with particularity the Other Released Interest, (D) specify the fair market value of such Other Released Interest on a date within 60 days of the Release Notice (the "Other Valuation Date"), (E) certify that the purchase price to be received is not less than the fair market value of the Other Released Interest as of the date of the proposed release, (F) state that the release of the Other Released Interest will not interfere with or impede the Collateral Agent's ability to realize the value of the remaining Collateral and will not 20 20 impair the maintenance and operation of the remaining Collateral and (G) be accompanied by a counterpart of the instruments proposed to give effect to the release fully executed and acknowledged (if applicable) by all parties thereto other than the Collateral Agent.

Release Notice. (a) Upon the occurrence of the earlier of (i) receipt by the Escrow Agent of written notice (the “Release Notice”) in the form attached as Exhibit A, executed by the Borrowers and the Administrative Agent (such date, the “Release Date”), or (ii) receipt by the Escrow Agent of written notice (the “Administrative Agent Release Notice”) in the form attached as Exhibit B, executed by the Administrative Agent, appropriately completed, the Escrow Agent shall Release the Subscription Agreements (and contact information) as provided in the applicable sentence of Section 3(b). (b) Upon receipt of the Release Notice, if applicable, the Escrow Agent shall, within five (5) Business Days, Release the Subscription Agreements (and contact information) as specified in the Release Notice. Upon receipt of the Administrative Agent Release Notice, if applicable, the Escrow Agent shall, within five (5) Business Days, Release the Subscription Agreements (and contact information) as specified in the Administrative Agent Release Notice.