Release Procedures. These procedures remove a bundle link from bundle operation following receipt of the BL_DEACTIVATE request from the bundle.
Release Procedures. InnovaSafe will release the Deposit to Beneficiary subject to and in accordance with each of the following conditions: (a) Depositor may provide InnovaSafe with a written release request at any time, and Beneficiary may provide InnovaSafe with a written release request following the occurrence of a Release Condition; (b) Provided that InnovaSafe has been paid all fees and costs then due and owing, InnovaSafe shall promptly deliver a copy of the release request to Depositor or Beneficiary, as applicable (the “Notice of Release Request”); (c) If Beneficiary or Depositor objects to the requested release, then within thirty (30) days of the receipt of the Notice of Release Request, such party agrees to provide InnovaSafe with written notice of such objection, and to provide a copy of such notice to the party requesting the release, stating that a Release Condition has not occurred or has been cured, and instructing InnovaSafe not to release the Deposit as requested (the “Contrary Instructions”); (d) If InnovaSafe does not receive Contrary Instructions within the time and in the manner required above, then InnovaSafe shall deliver a copy of the Deposit to Beneficiary; (e) If InnovaSafe does receive Contrary Instructions within the time and in the manner required above, then InnovaSafe shall not deliver a copy of the Deposit to Beneficiary, but shall continue to hold the Deposit until the first to occur of the following: (i) InnovaSafe receives joint written release instructions from Beneficiary and Depositor; or (ii) InnovaSafe receives a copy of an order or judgment of a court of competent jurisdiction, or the decision of an arbitrator, if applicable, directing InnovaSafe to act with regard to disposition of the Deposit.
Release Procedures. (a) Neither the Escrowed Shares nor the Escrowed Cash (in each case, including any portion thereof) nor any beneficial interest therein may be pledged, subjected to any Lien, sold, assigned or transferred by any Indemnitor, or be taken or reached by any legal or equitable process in satisfaction of any debt or other Liability of any Indemnitor, in each case prior to the distribution of the Escrowed Shares or the Escrowed Cash to any Indemnitor in accordance with this Section 10.05.
(b) Parent shall be entitled to permanently retain from the Indemnity Escrow Fund in respect of finally determined Damages for which the Indemnitees are entitled to recover pursuant to this Article 10, (i) a number of Escrowed Shares equal to the quotient of (A) one-half of the aggregate amount of such Damages, divided by (B) the Parent Stock Price and (ii) an amount in cash equal to one-half of the aggregate amount of such Damages. The Parties hereto acknowledge that the Parent Stock Price only reflects an agreed-upon amount as to the value of Parent Stock solely for the limited purpose of satisfying any Damages under this Article 10 and is not intended to be, nor is it, deemed to constitute the fair market value of Parent Stock at any given time.
(c) Promptly after the General Expiration Date, Parent will notify the Securityholder Representative in writing of the amount, if any, that Parent determines in good faith to be necessary to satisfy all claims for indemnification, compensation or reimbursement that have been asserted, but not resolved on or prior to 11:59 p.m. Pacific Time on the General Expiration Date (each such claim a “Continuing Claim” and such amount, the “Retained Escrow Amount”). Subject to Section 10.05(e), within five (5) Business Days following the General Expiration Date, Parent and the Securityholder Representative shall execute and deliver joint written instructions to the Escrow Agent instructing the Escrow Agent to release from the Indemnity Escrow Fund to the Exchange Agent (or through the Surviving Company’s or Parent’s payroll system, as applicable) for distribution to the Indemnitors an amount in the aggregate equal to (i) the amount held in the Indemnity Escrow Fund as of the General Expiration Date (as reduced from time to time pursuant to the terms of this Agreement) minus (ii) the Retained Escrow Amount, with each Indemnitor to receive a portion thereof equal to the product obtained by multiplying (A) the amount to be so released by (B) such In...
Release Procedures. Upon receipt by the Warrant Agent of a properly completed Release Certificate described in Sections 4.2 or 4.3, as the case may be, the Warrant Agent will present such Certificate to the Warrant Escrow Agent as contemplated by Section 2 of the Warrant Escrow Agreement.
Release Procedures. Upon receipt by the CVR Agent of a Release Certificate or a certificate by CSI or any of its affiliates pursuant to Section 4.4 or a Retirement Certificate the CVR Agent will present such Certificate to the CVR Escrow Agent as contemplated by Section 2 of the Contingent Value Right Escrow Agreement. In the case of a Release Certificate, CVRs released from escrow will be registered in the name requested by the Noteholder or, in the case of a release pursuant to Section 4.2, the Note Purchaser providing such Certificate and in the case of a certificate by CSI, in the name or names specified by CSI.
Release Procedures. Upon receipt by the Warrant Agent of a properly completed Release Certificate described in Section 4.2 or Section 4.3, as the case may be, the Warrant Agent will present such Certificate to the Warrant Escrow Agent, promptly but no later than 5 days after receipt of such notice, as contemplated by Section 2 of the Warrant Escrow Agreement. In the case of a Release Certificate, Warrants released from escrow will be registered in the names requested by the Administrative Agent; provided that if any such name requested by the Administrative Agent is not of an Initial Lender, the Company may require that, as a condition of release of Warrants that the holder deliver to the Company and the Warrant Agent an opinion of counsel, which opinion of counsel shall be reasonably satisfactory to the Company, to the effect that such transfer is made in compliance with the Securities Act and all applicable state securities laws or pursuant to an exempt transaction under the Securities Act and state securities laws.
Release Procedures. If SARS reasonably believes that any of the Release Events set out in clause 49 of this Annexure H (Source Code Escrow Requirements in respect of Third Party Software) have occurred, then: SARS may notify the Escrow Agent of such occurrence; upon receipt of such notice, the Escrow Agent shall provide a copy of the notice to the Third Party licensor. Third Party licensor shall then have ten (10) Business Days from the receipt of such notice to object to the release of the Source Code Material to SARS; and the Escrow Agent shall release the Source Code Material to SARS if: SARS provides proof of the occurrence of a Release Event; or the Third Party licensor acknowledges the occurrence of a Release Event, or fails to respond timeously to a notice pursuant to clause 50.1.2 of this Annexure H (Source Code Escrow Requirements in respect of Third Party Software).
Release Procedures. The Procurement Executive is the agency head’s designee for the purposes of FAR 5.404–1(a) and the agency head for the purposes of FAR 5.404–1(b). [55 FR 5774, Feb. 16, 1990]
(a) For paid advertisements in news- papers within the United States, the head of the contracting activity is the agency head’s designee for the purposes of FAR 5.502(a). For acquisitions by overseas posts necessitating paid ad- vertisements in newspapers outside the United States, the head of the con- tracting activity is the agency’s head’s designee for the purposes of FAR 5.502(a). When the head of the con- tracting activity is the contracting of- ficer for the acquisition, no further ap- provals are necessary. [59 FR 66755, Dec. 28, 1994] Sec. 606.202 Establishing or maintaining alter- native sources. 606.302 Circumstances permitting other than full and open competition. 606.302–1 Only one responsible source and no other supplies or services will satisfy agency requirements. 606.302–4 International agreement. 606.302–6 National security. 606.302–7 Public interest. 606.303 Justifications. 606.303–1 Requirements. 606.303–2 Content. 606.304 Approval of the justification. 606.304–70 Acquisitions by overseas posts. 606.370 Department of State standardization program. 606.501 Requirement. 606.501–70 Overseas posts. 606.570 Solicitation provision. AUTHORITY: 22 U.S.C. 2651a, 40 U.S.C. 121(c) and 48 CFR chapter 1. SOURCE: 53 FR 26165, July 11, 1988, unless otherwise noted. The Procurement Executive is the agency head for the purposes of FAR 6.202.
Release Procedures a. When an IFR aircraft is ready for departure CPS ATCT must:
1. Verbally coordinate release of IFR departures.
2. Provide a departure sequence when requesting multiple releases.
3. Consider a release VOID if the aircraft is not airborne within 4 minutes from the release time. When multiple aircraft are released, the four minute VOID time begins when the previous departure is airborne.
Release Procedures a. When an IFR aircraft is ready for departure BLV ATCT must:
1. Verbally coordinate release of IFR departures.
2. Unless otherwise specified, BLV will release departures on a heading in accordance with the departing runway:
(a) 14L/32R: heading 050
(b) 14R/32L: runway heading
4. Provide a departure sequence when requesting multiple releases.
5. Consider a release VOID if the aircraft is not airborne within 4 minutes from the release time. When multiple aircraft are released, the four minute VOID time begins when the previous departure is airborne.
