Release of Certain Obligations. Upon the effectiveness of the New Borrower Transaction, the Predecessor shall no longer be the Borrower under the Credit Agreement or any other Loan Document, nor shall it have any rights or obligations as the Borrower thereunder, and the Predecessor shall be released from any and all obligations under the Loan Documents.
Release of Certain Obligations. The Seller, for itself and its affiliates, hereby agrees, from and after the Closing, not to make or allow its affiliates to make any claims against and hereby releases, acquits and discharges the Company and its Subsidiaries and the Buyer from any and all claims, demands, obligations or causes of action which the Seller or its affiliates may have against the Companies or its Subsidiaries or the Buyer out of the activities of the Company and its Subsidiaries prior to the Closing Date, including any claims, demands, obligations or causes of action which have arisen or may arise under any agreements between the Seller or an affiliate of the Seller (other than the Company or its Subsidiaries), on the one hand, and one or more of the Company or its Subsidiaries, on the other hand, to the extent that such agreements have been terminated or have expired in accordance with their terms on or prior to the Closing or are otherwise required to be terminated by the provisions of this Agreement. Nothing in this Section 4.19 shall be interpreted or construed as a release of any claims, demands, obligations or causes of action pursuant to this Agreement or pursuant to agreements which continue beyond the Closing or are entered into following the Closing Date.
Release of Certain Obligations. Thirty (30) months after the commercial release of any Microsoft Controlled Video Platform that is Enabled for Wink ("First Ship Date"), Microsoft shall have the option of ending its obligations under Section 2.1.2 and 2.1.3 by providing Wink with six (6) months advanced written notice of such intent. [*] In the event that Microsoft exercises this option:
Release of Certain Obligations. Except for the agreements listed in Schedule 5.14, Sellers, for themselves and their Affiliates, hereby agree, from and after the Closing, not to make or allow any of their Affiliates to make any claims against and hereby releases, acquits and discharges Purchaser and the Purchased Business Companies from any and all claims, demands, obligations or causes of action which Sellers or any of their Affiliates may have against Purchaser or the Purchased Business Companies arising out of or relating to the activities of Sellers and their Affiliates prior to the Closing Date, including any claims, demands, obligations or causes of action which have arisen or may arise under any agreements between Sellers or any Affiliates of Sellers (other than the Purchased Business Companies), on the one hand, and the Purchased Business Companies, on the other hand. Nothing in this Section 5.14 shall be interpreted or construed as a release of any claims, demands, obligations or causes of action pursuant to this Agreement or pursuant to the agreements listed in Schedule 5.14 which continue beyond the Closing or other agreements entered into after the Closing Date.
Release of Certain Obligations. (a) Concurrently with the Closing in accordance with Section 4 above, all obligations of WestSec with respect to the performance of Account Management Services (as defined in the OSA) as to the Purchased Accounts shall cease and be satisfied, and the obligations of WestSec to purchase the SAMCO Contracts pursuant to Section 9.1 of the OSA, as amended by the Consent, shall be satisfied.
Release of Certain Obligations. (a) Seller, for itself and its Affiliates, hereby agrees, from and after the Closing, not to make or allow its Affiliates to make any claims against and hereby releases, acquits and discharges the Acquired Companies and Buyer from any and all claims, demands, obligations, or causes of action which Seller or its Affiliates may have against the Acquired Companies or Buyer out of the activities of the Acquired Companies prior to the Closing Date, including any claims, demands, obligations, or causes of action which have arisen or may arise under any agreements between Seller or an Affiliate of Seller (other than an Acquired Company), on the one hand, and one or more of the Acquired Companies, on the other hand, to the extent that such agreements have been terminated or have expired in accordance with their terms on or prior to the Closing or are otherwise required to be terminated by the provisions of this Agreement (the “Terminated Affiliate Party Contracts”). Nothing herein shall be interpreted or construed as a release of any claims, demands, obligations or causes of action pursuant to this Agreement or any of the Related Agreements or pursuant to agreements listed on Schedule 4.19 that continue following the Closing or pursuant to agreements which are entered into following the Closing Date except that Seller, for itself and its Affiliates, has agreed to and hereby does release, acquit and discharge the Acquired Companies and Buyer from any and all claims, demands, obligations or causes of action which Seller or its Affiliates may have against the Acquired Companies with respect to pre-Closing matters under the agreements listed on Section 4.19.
Release of Certain Obligations. Following the Closing, in the event that Seller’s rights under any Contract or Real Property Lease are assigned to Buyer, Buyer shall request a release of Seller’s obligations (whether absolute, contingent or otherwise) under such Contract or Real Property Lease (the “Release”). Seller and Buyer agree that this Section 6.8 shall not obligate Buyer to take any action other than to request a Release.
Release of Certain Obligations. Holdings and the Parent shall each cooperate with the other and use their respective reasonable efforts to cause the Parent and each of its affiliates to be released from all guaranty, surety and other similar obligations other than obligations relating to payment or performance bonds (a) set forth on Schedule 2.22, and (b) of the Company, the Subsidiaries or their businesses provided that Holdings shall have no obligation under this Section 5.10(b) to expend any funds or post any collateral in connection therewith.
Release of Certain Obligations. [Upon the effectiveness of the AGR Assumption pursuant to Section 2.17 of the Credit Agreement, (i) the Assignor shall no longer be a Borrower under the Credit Agreement or any other Loan Document, nor have any rights or obligations of a Borrower thereunder, and shall be released from any and all _________________________
Release of Certain Obligations. Cummings and his spouse, Janyth R. Cummings, shall have obtained a release from Bank One, N.A. or Bank Onx, X.X. shall have agreed xx xxxxxxx xxxx xf them upon the Closing.
