Deed of Termination and Release definition

Deed of Termination and Release means the Deed of Termination and Release referred
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Deed of Termination and Release means the Deed of Termination and Release, dated August 7, 2006, between Viking Petroleum, Deutsche Bank Trust Company Americas, TCW, Viking BV, Viking, LLC and Deutsche Bank, AG.
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Deed of Termination and Release means the deed of termination and release between, amongst others, the Sellers, the Funding Agent, the Security Trustee and the Servicers, dated 23 April 2013;
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Examples of Deed of Termination and Release in a sentence

  • To allow Inmarsat to seek the Shortfall Amount as a “Permitted Claim” would be counter to the parties’ intent in entering into the Asset Sale Agreement and the Deed of Termination and Release.

  • The clear language of “Permitted Claims” does not encompass claims for Shortfall Amounts.Even if Inmarsat’s arguments suggest that the “Permitted Claims” clause is ambiguous, the evidence as to the parties’ intentions on entering into the Asset Sale Agreement support Speedcast’s position that claims for Shortfall Amounts were released under the Deed of Termination and Release.

  • The documents support interpreting the contracts to mean that the Asset Sale Agreement and the Deed of Termination and Release released Speedcast for future penalties arising under the Strategic Alliance Agreement in exchange for Speedcast transferring existing customers to Inmarsat, while at the same time requiring Speedcast to pay for services that Inmarsat did deliver.

  • Endorse the Deed of Variation – Deed of Termination and Release of JVAs and Allocation Agreement – Housing Authority, Shire of Merredin and Merrittville Retirement Village Inc.

  • In accordance with the previous resolutions, there was a need to bring the final versions of the Deed of Termination and Release and new Joint Venture Deed to Council prior to signing.

  • Put differently, the parties negotiated the Asset Sale Agreement and Deed of Termination and Release because Speedcast did not anticipate being able to meet its “take-or-pay” obligations.

  • On 15th May 2023, the Group and the Whiti Trust (‘the parties’) entered into a Deed of Termination and Release regarding the Loan Facility, whereby the parties proposed to terminate the Loan Facility on the satisfaction of two conditions precedent.

  • The following definitions apply in this Deed of Termination and Release.

  • The Company, OAG, OAC China, the ICD Creditors and the Security Trustee have agreed to terminate the Intercreditor Deed and release the Secured Assets in accordance with the terms and subject to the conditions of the Deed of Termination and Release.

  • Each party must pay its own expenses incurred in negotiating, executing, stamping and registering this Deed of Termination and Release.


More Definitions of Deed of Termination and Release

Deed of Termination and Release means the deed of termination and release substantially in the form set out in Schedule 5 (Deed of Termination and Release);
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Deed of Termination and Release means the deed of termination and release to be executed and delivered by the Parties under Clause 7; Back to Contents
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Related to Deed of Termination and Release

  • Waiver and Release means the Waiver and Release attached hereto as Exhibit A.

  • Release Agreement means an agreement, substantially in a form approved by the Company, pursuant to which Executive releases all current or future claims, known or unknown, arising on or before the date of the release against the Company, its subsidiaries and its officers.

  • Severance Agreement means the Amended and Restated Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • General Release has the meaning stated in Section 6.03.

  • Employment Agreement means any employment, severance, retention, termination, indemnification, change in control or similar agreement between the Company or any of its Subsidiaries, on the one hand, and any current or former employee of the Company or any of its Subsidiaries, on the other hand.

  • Earned release means earned release from confinement as

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Severance Term means the twenty-four (24) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason.

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Qualifying Termination of Employment means a Participant’s Termination of Employment (i) by the Company without Cause or (ii) by the Participant with or without Good Reason or by reason of Retirement.

  • Employment Agreements has the meaning set forth in Section 7.05.

  • Noncompetition Agreement shall have the meaning set forth in Section 5.9 of this Agreement.

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Employment benefits means all benefits provided or made

  • Separation Agreement has the meaning set forth in the recitals to this Agreement.

  • Mutual Release means the General Mutual Release substantially in the form attached hereto as Exhibit B in all material respects.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Consulting Agreement means any written or oral agreement to retain the services, for a fee, of a consultant for the purposes of (A) providing counsel to a contractor, vendor, consultant or other entity seeking to conduct, or conducting, business with the State, (B) contracting, whether in writing or orally, any executive, judicial, or administrative office of the State, including any department, institution, bureau, board, commission, authority, official or employee for the purpose of solicitation, dispute resolution, introduction or requests for information or (C) any other similar activity related to such contracts.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.