Common use of Right to Transfer Upon Release Clause in Contracts

Right to Transfer Upon Release. Depositor hereby grants to *** the right to transfer deposit materials to Preferred Beneficiary upon any release of the deposit materials for use by Preferred Beneficiary in accordance with Section 4.5. Except upon such a release or as otherwise provided in this Agreement, *** shall not transfer the deposit materials.

Appears in 2 contracts

Sources: CSG Master Subscriber Management System Agreement (CSG Systems International Inc), CSG Master Subscriber Management System Agreement (CSG Systems International Inc)

Right to Transfer Upon Release. Depositor hereby grants to *** Escrow Agent the right to transfer deposit materials the Deposit Materials to Preferred Beneficiary upon any release of the deposit materials Deposit Materials for use by Preferred Beneficiary in accordance with Section 4.5. Except upon such a release or as otherwise provided in this Agreement, *** Escrow Agent shall not transfer the deposit materialsDeposit Materials.

Appears in 2 contracts

Sources: Distribution Agreement (Kana Communications Inc), Distribution Agreement (Kana Communications Inc)

Right to Transfer Upon Release. Depositor hereby grants to *** Agent the right to transfer deposit materials the Deposit Materials to Preferred Beneficiary upon any release of the deposit materials Deposit Materials for use by Preferred Beneficiary in accordance with Section 4.5. Except upon such a release or as otherwise provided in this Agreement, *** Agent shall not transfer the deposit materialsDeposit Materials.

Appears in 1 contract

Sources: Master Settlement Agreement (Video Lottery Technologies Inc/De)

Right to Transfer Upon Release. Depositor hereby grants to ****** ********** the right to transfer deposit materials to Preferred Beneficiary upon any release of the deposit materials for use by Preferred Beneficiary in accordance with Section 4.5. Except upon such a release or as otherwise provided in this Agreement, ****** ********** shall not transfer the deposit materials.

Appears in 1 contract

Sources: CSG Master Subscriber Management System Agreement (CSG Systems International Inc)