Examples of Initial Release in a sentence
Under the CPC Escrow Agreement, 2,175,000 shares were to be held in escrow, with 10% of the shares released on the issuance of the Final Exchange Bulletin on August 4, 2016 (the “Initial Release”), and an additional 15% to be released every 6 months following the Initial Release.
Qwest will issue an Initial Release Notification no later than forty-five (45) calendar days in advance of the Release Production Date.
An additional 15% will be released every 6 months following the Initial Release.
CLECs have fourteen (14) calendar days from the Initial Release Notification to provide written comments/questions on the documentation.
Qwest will respond with written answers to all CLEC issues within twenty-one (21) calendar days after the Initial Release Notification.