Termination and Release Agreement. A Termination and Release Agreement with respect to the Existing Credit Agreement, in form and substance reasonably satisfactory to the Agent, duly executed by the Borrower;
Termination and Release Agreement. The Agreement is hereby terminated, effective as of December 2001, and shall be null and void in all respects.
Termination and Release Agreement. Upon the completion of the procedures under this Article VIII and the reclamation obligations in Article X Hecla Ventures and Rodeo Creek shall execute the Termination and Release Agreement under Exhibit A.
Termination and Release Agreement. Prior to the Closing Date, Seller will enter into, and will cause its Affiliates to enter into, the Termination and Release Agreement.
Termination and Release Agreement. CCC and InsurQuote agree to terminate that certain Marketing and Sales Agreement between the parties dated as of February 11, 1998, as amended by Amendment No. 1 thereto dated as of March 30, 1999, and that certain Information Services Agreement dated December 31, 1989 between the Company (by virtue of its acquisition of the assets of Automated Call Processing) and CCC, and to extinguish all obligations of the parties thereunder, in consideration of a payment by InsurQuote to CCC of Five Million Dollars ($5,000,000) as follows:
(i) Approximately $500,O00 will be paid in cash by InsurQuote a reasonable period of time following the closing of the Proposed Merger; and
(ii) The balance (approximately $4,500,000) will be paid by way of an unsecured, subordinated promissory note that accrues interest at the rate of 7.5% per annum. Principal and accrued interest on the note will become due and payable two and one-half years from the date of this Agreement. CCC and InsurQuote agree to negotiate diligently and in good faith to execute a definitive termination agreement and promissory note within five (5) business days from the date of this Agreement; provided, however, that the agreements set forth in this paragraph 4 are binding upon CCC and InsurQuote.
Termination and Release Agreement. At or prior to the Closing, the Seller Members shall, and shall cause the Company to, enter into a termination and release agreement with Xxxxx Xxxxxxxxxx in a form reasonably acceptable to Buyer (the “Termination and Release Agreement”), in relation to that certain Phantom Unit Agreement by and between the Company and Xxxxx Xxxxxxxxxx dated as of August 8, 2019 and that certain Phantom Unit Agreement by and between the Company and Xxxxx Xxxxxxxxxx dated January 1, 2021 (together, the “Phantom Unit Agreements”).
Termination and Release Agreement. The Company and Silverbow shall have executed and delivered to Buyer the Termination and Release Agreement in the form attached hereto as Exhibit K.
Termination and Release Agreement. Dear Mx. Xxxxxxxx: This letter agreement for the termination and release of claims and obligations by and between Verus International, Inc. (“Verus”), Nutribrands Holdings, LLC and Nutribrands Ltda. (“Nutribrands”) (“Letter Agreement”) shall (and shall be deemed to) be effective on this 31st day of March, 2020 (the “Effective Date”). Each of Verus and Nutribrands shall be referred to herein, individually, as a “Party” and, collectively, as the “Parties.”
Termination and Release Agreement. Xxxxxx'x, Seller and the Shareholders shall have entered into an agreement among them, in form and substance satisfactory to them and their respective counsel, whereby all agreements (including the "Pick `N Save" trademark license and supply agreements) entered into between the parties (or their affiliates) prior to the date hereof are terminated and the parties mutually release each other from and against any and all claims, demands, causes of action, liabilities, costs, expenses, or obligations (other than those arising out of this Agreement) that any party may have against any other arising out of or relating to the Existing Agreements or the business relationships existing between the parties (the "Termination and Release Agreement"). The Termination and Release Agreement will not apply to the obligation of any party to pay any amount due to the other party in the ordinary course of business and relating to the purchase of merchandise by Seller from Xxxxxx'x or its affiliates, including, by way of example, the purchase price of merchandise purchased by Seller; rebates, discounts and allowances due Seller by Xxxxxx'x; and similar matters;
Termination and Release Agreement. The BRF CEA will be terminated by mutual agreement. The disputes among BRFHH, LSU and the State as set forth in letters from LSU and DOA dated September 11, 2017, and BRFHH’s written response dated September 29, 2017, as well as ancillary disputes between LSU and BRFHH that are currently the subject of arbitration proceedings and any other disputes, will be settled with mutual releases of claims that LSU, the State and BRFHH may have against each other in accordance with a Termination and Release Agreement by and among BRF, BRFHH, LSU and the State.
