Effective release definition
Effective release or “satisfaction” means a release or satisfaction of mortgage pursuant to Iowa Code chapter 655.
Effective release is defined as a general release of claims in favor of the Company in a form reasonably acceptable to the Company’s counsel that is executed by Employee after the Termination Date and within any consideration period required by applicable law and that is not revoked by Employee within any legally prescribed revocation period.
Effective release is defined as a general release of claims in favor of the Company in a form reasonably acceptable to the Company’s counsel that is executed after the Separation Date and within any consideration period required by applicable law and that is not revoked by Employee within any legally-prescribed revocation period; provided, however, a release shall not be considered an Effective Release unless, in addition to the foregoing conditions, the release is executed and not revoked, and the legally-prescribed revocation period ends by the sixtieth (60th) day following the Separation Date. Failure to provide and have in effect an Effective Release within the sixty (60)-day period following the Separation Date shall result in forfeiture of any benefits conditioned upon the existence of an Effective Release.
Examples of Effective release in a sentence
As noted in section 10.3(b)(1) above, the Amatil Board (excluding ▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇▇ and ▇▇ ▇▇▇▇▇▇▇▇▇▇) has resolved, in accordance with the terms agreed between Amatil, CCEP and CCEP Sub pursuant to the Scheme Implementation Deed, to, subject to the Scheme becoming Effective release all 1,110,613 restricted Amatil Matching Shares from restrictions before the Scheme Record Date.
More Definitions of Effective release
Effective release is defined as a general release of claims in favor of the Company substantially in the form of the release attached hereto as Exhibit A, that is executed after the Separation Date and within any consideration period required by applicable law and that is not revoked by Executive within any legallyprescribed revocation period. Failure to provide and have in effect an Effective Release within the sixty (60) day period following the Separation Date shall result in forfeiture of any benefits conditioned upon the existence of an Effective Release.
Effective release or “satisfaction” means a release or satisfaction of mortgage
Effective release is defined as a general release of claims in favor of the Company in a form reasonably acceptable to the Company’s counsel that is executed after the Separation Date and within any consideration period required by applicable law and that is not revoked by Employee within any legally-prescribed revocation period; provided, however, a release shall not be considered an Effective Release unless, in addition to the foregoing conditions, the release is executed and not revoked, and the legally-prescribed revocation period ends by the sixtieth (60th) day following the Separation Date; provided further that such release shall not impose material post-employment obligations on Employee other than those set forth herein or as agreed to by the parties, nor shall such release require Employee to release any rights under Sections 3(i) and 6 of this Agreement. Failure to provide and have in effect an Effective Release within the sixty (60)-day period following the Separation Date shall result in forfeiture of any benefits conditioned upon the existence of an Effective Release.
Effective release is defined as a general release of claims in favor of the Company in a form reasonably acceptable to the Company’s counsel that is executed after the Separation Date and within any consideration period required by applicable law and that is not revoked by Employee within any legally-prescribed revocation period; provided, however, a Novan, Inc. 4 release shall not be considered an Effective Release unless, in addition to the foregoing conditions, the release is executed and not revoked, and the legally-prescribed revocation period ends by the sixtieth (60th) day following the Separation Date; provided further that such release shall not impose material post-employment obligations on Employee other than those set forth herein or as agreed to by the parties, nor shall such release require Employee to release any rights under Sections 3(i) and 6 of this Agreement. Failure to provide and have in effect an Effective Release within the sixty (60)-day period following the Separation Date shall result in forfeiture of any benefits conditioned upon the existence of an Effective Release.