Event of Release definition

Event of Release means one or more of the following events: (a) Contractor ceases to provide Maintenance and Support for the Licensed Software as provided in this Agreement and/or fails to provide such support through another appropriate source; (b) Contractor ceases doing business as a going concern; (c) Contractor files a voluntary petition in bankruptcy or any petition for similar relief; (d) any involuntary petition in bankruptcy is filed against Contractor and shall not have been dismissed within sixty (60) days from the filing thereof; (e) a receiver is appointed for Contractor or any material portion of the property of Contractor; (f) Contractor makes an assignment for the benefit of creditors; or (g) Contractor is unable to pay its debts as they become due. Unless otherwise agreed between the parties, Contractor shall bear the escrow fees due under such escrow agreement. In the event of a release of the Deposit Materials to the JBE, Contractor hereby grants to the JBE a non-exclusive, perpetual, fully paid-up license to reproduce and use such Deposit Materials for the sole and exclusive purpose of providing support and maintenance for the Licensed Software. Notwithstanding any provision in the Source Code Escrow Agreement, in the event that the Source Code is released pursuant to such Source Code Escrow Agreement, the JBE shall have the right to approach, negotiate or contract directly or indirectly with any party, including without limitation any subcontractor to or affiliate of Contractor, for the purpose of procuring ongoing maintenance and support services for the Licensed Software Source Code.

Event of Release means (a) the dissolution or liquidation of Xchange or the institution by or against Xchange of any bankruptcy, reorganization, debt arrangement, assignment for the benefit of creditors or other proceeding under any bankruptcy or insolvency law or dissolution, receivership or liquidation proceeding that remains unstayed or undismissed for a period of ninety (90) days; or (b) any unjustified and permanent failure on the part of Xchange to materially fulfill its maintenance and support obligations in accordance with the terms of this Agreement after written notice of such failure and an opportunity to cure within thirty (30) days of such written notice and without the occurrence of any breach by Xxxxxxxx.

Event of Release means one or more of the following events:

Examples of Event of Release in a sentence

• The terms of the Source Code Escrow Agreement shall include, without limitation, provisions whereby: (1) Contractor would deposit the Source Code for the Licensed Software and the related source documentation (the “Deposit Materials”) and (2) such Deposit Materials would be released to the JBE immediately upon the occurrence of an Event of Release.

• If Nortel wishes to dispute the occurrence of an Event of Release, it shall provide written notice of its objection to Avici within thirty (30) Days of the date or receipt of the escrow agent's notice.

• The terms of the Source Code Escrow Agreement shall include, without limitation, provisions whereby: (1) Contractor would deposit the Source Code for the Licensed Software and the related source documentation (the “Deposit Materials”) and (2) such Deposit Materials would be released to Court immediately upon the occurrence of an Event of Release.

• Charge to Income in the Event of Release of Restrictions on Shares.

• If the Licensor desires to dispute the Release Notice, the Licensor shall, within ten days after receipt of the copy of the Release Notice from Escrow Agent, deliver to the Escrow Agent a sworn statement ('Affidavit') stating that such Event of Release has not occurred or that such Event has been cured, whereupon the provisions of Section 5 hereof will become applicable.

• If an Event of Release has occurred or is deemed to have occurred and the Escrow Agent is required to deliver the Escrow Materials to Derech Eretz pursuant to this Agreement, the Escrow Agent shall deliver all the Escrow Materials, to Derech Eretz within the time period as set out above and the Escrow Agent shall thereafter have no further obligation or responsibility to Derech Eretz in respect of the Escrow Materials.

• Under PSP, performance is measured by comparing Rinker's total shareholder return (TSR) – which takes into account share price appreciation, dividends and capital returns received over the relevant period – with a group of peer companies.

• Further, some researchers used qualitative while other employed quantitative mechanisms in their studies.

• Kuerbis and Mueller [7] discuss the applicability of blockchain technology to perform the Internet Routing Reg- istry functions.

• The district may advertise through local radio and television media outlets as well as through the Internet.Forums must be held after 5:30 PM local time on weekdays and at 8 a.m. to 7:30 p.m. on Saturday and 1:00 p.m. to 7:30 p.m. on SundayForums must be held in a facility that is accessible to the non-ambulatory handicapped.A minimum of three (3) public forums shall be conducted by the LPC to discuss information during the development of the proposed District Facility Plan.

More Definitions of Event of Release

Event of Release means one or more of the following events: (a) Contractor has materially breached an obligation to provide Maintenance and Support for the Licensed Software as provided in this Agreement and/or fails to provide such support through another appropriate source and (i) such material breach will cause the JBE to incur immediate and substantial injury for which money damages, or such other remedies provided by this Agreement, would be inadequate, (ii) the JBE is not in breach of the terms of this Agreement and (iii) the JBE has terminated this Agreement in accordance with the terms of this Agreement; (b) Contractor’s duly appointed trustee in a bankruptcy or dissolution proceeding of Contractor requests in writing that the escrow agent release the Deposit Materials to the JBE; (c) Contractor requests in writing that the escrow agent release the Deposit Materials to the JBE; (d) Contractor takes any action under any state corporation or similar law that will cause both the dissolution of the corporate existence of Contractor and the liquidation by Contractor of its assets; or (e) a court of competent jurisdiction or an arbitrator, if applicable, issues an order or judgment directing the escrow agent to release the Deposit Materials to the JBE. Unless otherwise agreed between the parties, Contractor shall bear the escrow fees due under such escrow agreement; provided that if such escrow agreement is not Contractor’s existing escrow agreement with InnovaSafe, Inc., the JBE shall bear the escrow fees due under such escrow agreement. In the event of a release of the Deposit Materials to the JBE, Contractor hereby grants to the JBE a non-exclusive, perpetual, fully paid-up license to reproduce and use such Deposit Materials for the sole and exclusive purpose of providing support and maintenance for the Licensed Software. Notwithstanding any provision in the Source Code Escrow Agreement, in the event that the Source Code is released pursuant to such Source Code Escrow Agreement, the JBE shall have the right to approach, negotiate or contract directly or indirectly with any party, including without limitation any subcontractor to or affiliate of Contractor, for the purpose of procuring ongoing maintenance and support services for the Licensed Software Source Code.

Event of Release shall have the meaning set forth in Section 2.9 hereof.