Company Release definition

Company Release means a release by the Seller and certain Affiliates of the Seller of claims against the Company, in form and substance satisfactory to the Purchaser and the Seller.

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Company Release means the release, to be dated as of the Closing Date, delivered by Company, in the form of Exhibit A attached hereto.

Company Release means the release, dated as of the Closing Date, pursuant to which the Companies, on behalf of themselves and the Subsidiaries, irrevocably and unconditionally release the Seller and its affiliates (other than the Company and the Subsidiaries) from any claims that the Companies and the Subsidiaries may have had in the past, may now have or may have in the future against any of the Seller and its affiliates (or their respective successors and past, present and future assigns, directors, officers, agents, attorneys and representatives) (other than the Company and the Subsidiaries), relating to any events, matters, causes, things, acts, omissions or conduct, occurring or existing, at any time at or prior to the Closing (and other than as otherwise specifically provided herein).

Examples of Company Release in a sentence

• For the avoidance of doubt, nothing herein shall be deemed to entitle the Company to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Notes or any other Transaction Documents, including without limitation, to an amendment of the terms of any future Company Optional Redemption or to a consent to any future Control Account Company Release Event, either in similar or different circumstances.

• Company Release of the Reinsurer with respect to the Recaptured Business.

• The Pledge Agreement is hereby amended such that the removal of the Redemption Interest Release Amount, the Share Exchange Interest Release Amount and the Company Release Amount shall not be in breach of its terms.

• In connection with such waiver and relinquishment, the Company Release Parties acknowledge that they are aware that they may later discover facts in addition to or different from those which they now know or believe to be true with respect to the subject matter of this Agreement, but that it is their intention hereby fully, finally and forever to settle and release all of the Company Released Claims, known or unknown, suspected or unsuspected, which now exist, or previously existed.

• The Company and the Executive agree that the Company shall continue to pay the Executive his Annual Base Salary, in accordance with the Company's normal practices for other senior executives, for two (2) years after such termination for Cause, and the Executive agrees not to violate the provisions of Section 5.02 for an equivalent period and the Executive's execution, without revocation, of a Company Release of Claims upon the effective date of the termination of the Executive's employment.

More Definitions of Company Release

Company Release. The Company hereby irrevocably and unconditionally releases and discharges you and your heirs, successors, and assigns (separately and collectively, "Releasees"), jointly and individually, from any and all claims, known or unknown, which it, its past and present subsidiaries, divisions, officers, directors, agents, employees, successors, and assigns have or may have against Releasees and any and all liability which Releasees may have to it, whether denominated claims, demands, causes of action, obligations, damages or liabilities arising from any and all bases, however denominated, provided, however, that this release does not affect any claims which are based on Releasees' dishonesty in the performance of duties as an employee of the Company, nor any claims which may arise after the execution of this Retention and Separation Agreement. The Company further agrees that it will not file or permit to be filed on its behalf any claim against you which is released hereby

Company Release has the meaning ascribed to it in Section 6.11(c).

Company Release is defined in Section 2.2(a)(viii).

Company Release means a release duly executed by each Shareholder and each Other Plaintiff substantially in the form of Exhibit C hereto.

Company Release has the meaning set forth in Section 7.12(a). “Company Release Parties” has the meaning set forth in Section 7.12(a). “Company Securities” means the Common Stock and Options.

Company Release has the meaning set forth in Section 9(k).

Company Release means the releases by each of Buyer and the Companies on behalf of the Company Related Persons, each in substantially the form attached hereto as Exhibit D.