Parent Release Date definition

Parent Release Date is defined in Section 10.17.
Parent Release Date means the date upon which all of the following conditions have been satisfied: (i) the Borrower has transferred to a Domestic Subsidiary Guarantor all of its assets and properties (other than the Capital Stock of its Subsidiaries, cash, intercompany receivables and contract rights), (ii) such Domestic Subsidiary Guarantor has executed and delivered to the Administrative Agent a Mortgage (or an amendment to the existing Mortgage) with respect to the Borrower’s headquarters facility and delivered to the Administrative Agent an update to the title policy with respect thereto evidencing such transfer, and (iii) the Administrative Agent has received a certificate of a Responsible Officer on behalf of the Borrower to the effect that the foregoing actions have been completed.
Parent Release Date means the date upon which Parent and its Subsidiaries other than the Issuer and its Restricted Subsidiaries that are Guarantors are released as Guarantors under and in accordance with the Indenture.

Examples of Parent Release Date in a sentence

  • All representations and warranties of Parent contained in this Agreement and the other agreements, certificates and documents contemplated hereby will remain operative and in full force and effect, regardless of any investigation made by or on behalf of any of the parties to this Agreement, until that date which is the earlier of (a) the termination of this Agreement in accordance with its terms or (b) the first anniversary of the Effective Time (the "Parent Release Date").

  • Parent Release Date 126 ARTICLE 11 SATISFACTION AND DISCHARGE SECTION 11.01.

  • For the avoidance of doubt, any Guarantees required by this Section 4.15 as a result of guaranteeing Indebtedness of the Parent or any of the Subsidiary Guarantors (other than Subsidiary Guarantors that are Subsidiaries of the Issuer) shall be released on the Parent Release Date.


More Definitions of Parent Release Date

Parent Release Date has the meaning given in Section 11.1.
Parent Release Date means the release of the Parent from the Parent Guaranty pursuant to Section 9.8(c).

Related to Parent Release Date

  • Current Release means the latest version of the Software offered for general commercial distribution at a given point in time, including all New Releases.

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Escrow Release Date has the meaning set forth in Section 9.6.

  • Release Time The Grievant, the Grievants Representative (if an employee of the Employer) and any witnesses shall be provided release time including reasonable travel time, if required, to be present at any formal hearing conducted pursuant to the Grievance process.

  • Collateral Release Date shall have the meaning provided in Section 10.15(d).

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Closing Press Release has the meaning set forth in Section 5.4(b).

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Transition Date means the date on which this contract comes into effect for all purposes. Schedule 1 (Contract Particulars)

  • Merger Date means the closing date of a Merger Event or, where a closing date cannot be determined under the local law applicable to such Merger Event, such other date as determined by the Calculation Agent.

  • New Services Queue Closing Date means each April 30 and October 31 shall be the Queue Closing Date for the New Services Queue comprised of Interconnection Requests, Completed Applications, and Upgrade Requests received during the six-month period ending on such date. New York ISO or NYISO: “New York ISO” or “NYISO” shall mean the New York Independent System Operator, Inc. or any successor thereto.

  • Pre-Closing Period means any Tax period ending on or before the Closing Date.

  • Opt-Out Date means the date by which Settlement Class Members must mail their requests to be excluded from the Settlement Class for that request to be effective. The postmark date shall constitute evidence of the date of mailing for these purposes.

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

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Pre-Release Transaction shall have the meaning set forth in Section 5.10.

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Acquisition Date With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Anticipated Closing Date shall have the meaning set forth in Section 1.6(a).

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Inception Date means in respect of a Fund, the first date on which the Fund issued shares.

  • Consent Solicitation Statement means the consent solicitation statement issued on June 15, 2020 by Odebrecht Engenharia e Construção S.A., among others.