Common use of Release of Deposits Clause in Contracts

Release of Deposits. Escrow Agent will make available for electronic download (unless otherwise requested) to ICANN or its designee, within twenty-four hours, at the Registry Operator’s expense, all Deposits in Escrow Agent's possession in the event that the Escrow Agent receives a request from Registry Operator to effect such delivery to ICANN, or receives one of the following written notices by ICANN stating that: 6.1 the Registry Agreement has expired without renewal, or been terminated; or 6.2 ICANN failed, with respect to (a) any Full Deposit or (b) five Differential Deposits within any calendar month, to receive, within five calendar days after the Deposit's scheduled delivery date, notification of receipt from Escrow Agent; (x) ICANN gave notice to Escrow Agent and Registry Operator of that failure; and (y) ICANN has not, within seven calendar days after such notice, received notice from Escrow Agent that the Deposit has been received; or

Release of Deposits. Escrow Agent will make available for electronic download (unless otherwise requested) to ICANN or its designee, within twenty-four (24) hours, at the Registry Operator’s expense, all Deposits in Escrow Agent's ’s possession in the event that the Escrow Agent receives a request from Registry Operator to effect such delivery to ICANN, or receives one of the following written notices by ICANN stating that: 6.1 : the Registry Agreement has expired without renewal, or been terminated; or 6.2 or ICANN failedhas not received a notification as described in Part B, with respect to (a) any Full Deposit or (b) five Differential Deposits within any calendar month, to receive, Sections 7.1 and 7.2 of this Specification from Escrow Agent within five (5) calendar days after the Deposit's ’s scheduled delivery date, notification of receipt from Escrow Agent; (xa) ICANN gave notice to Escrow Agent and Registry Operator of that failure; and (yb) ICANN has not, within seven (7) calendar days after such notice, received notice the notification from Escrow Agent that the Deposit has been receivedAgent; or

Release of Deposits. Escrow Agent will make delivermake available for electronic download (unless otherwise requested) to ICANN or its designee, within twenty-four hours, at the Registry Operator’s expense, all Deposits in Escrow Agent's possession in the event that the Escrow Agent receives a request from Registry Operator to effect such delivery to ICANN, or receives one of the following written notices by ICANN stating that: 6.1 the Registry Agreement has expired without renewal, or been terminated; or 6.2 ICANN failed, with respect to (a) any Full Deposit or (b) five Differential IncrementalDifferential Deposits within any calendar month, to receive, within five calendar days after the Deposit's scheduled delivery date, notification of receipt from Escrow Agent; (x) ICANN gave notice to Escrow Agent and Registry Operator of that failure; and (y) ICANN has not, within seven calendar days after such notice, received notice from Escrow Agent that the Deposit has been received; or