Examples of Partial Release Date in a sentence
In the event that any Conversion Release Date, Partial Release Date, Full Release Date (collectively, the "RELEASE" and, the date of such Release, the "RELEASE DATE") is not a Business Day (as defined herein), then such Release shall be deemed to be the next Business Day.
Borrower must provide not less than thirty (30) days prior written notice to Lender requesting a Partial Release and identifying the Release Property and date upon which it desires to have the Release Property released ("Partial Release Date").
In connection with the release of the Lien, Borrower shall submit to Lender, not less than thirty (30) days prior to the Partial Release Date or BRU Premises Release Date, as pplicable, (or such shorter time as is acceptable to Lender in its sole discretion), a release of Lien (and related Loan Documents) for execution by Lender.
In the event the right of offset is extended past the First Partial Release Date, Second Partial Release Date and/or Final Release Date because a claim is in dispute, Contingent Cash Consideration having a value equal to that amount which is 130 percent of the amount of the claim asserted by Buyer shall continue to be held back by Buyer past the First Partial Release Date, Second Partial Release Date and/or Final Release Date until such claim is resolved.
On the date which is 270 days after the Closing Date ("Partial Release Date"), the parties shall direct the General Escrow Agent in writing to release to Sellers the Excess Cash (as hereinafter defined).