Release Events definition

Release Events means events which will trigger the release of the deposited Source Code to a duly authorised officer of the Customer;
Release Events. Has the meaning ascribed in Section 6.11 hereof.
Release Events. Has the meaning ascribed in Section 6.11 hereof. Requirements of Law. Any law, treaty, rule or regulation, or final determination of an arbitrator or Governmental Authority, and, when used with respect to any Person, the certificate of incorporation and bylaws or other organizational or governing, documents of such Person. Residual Interest. The ownership interest in Residual Receipts and/or the contractual right to receive and retain Residual Receipts as owner thereof. Residual Receipts. With respect to any Collection Period, all residual proceeds received by the Servicer, proceeds of the sale of the Equipment received by the Servicer in the event the related User does not purchase the Equipment at the end of the related Contract, any amounts collected by the Servicer as judgments against a User or others related to the failure of such User to pay any required amounts under the related Contract or to return the Equipment, including any amounts relating to a Security Deposit applied by the Servicer as Residual Receipts, plus any other amounts which are received by the Servicer and applied against the Booked Residual Value of such Contract in accordance with the Servicer's servicing standards during such Collection Period, in each case as reduced by any reasonably incurred out-of-pocket expenses incurred by the Servicer in enforcing such Contract or in liquidating such Equipment.

Examples of Release Events in a sentence

  • Upon such transfers, the Sponsor releases all right, title and interest in and to the Bonds (such release by the Sponsor in connection with its transfer of ownership of the Bonds in no way limits its rights to direct the funding of Release Events in certain cases or take other actions with respect to the Bonds as described in the Sponsor Documents).

  • The Contractor acknowledges the provisions of the PBA Trust Deed Poll, including in relation to the occurrence of Retention Release Events.

  • Other than changes to the Release Events, Custodian must also sign changes that affect its rights or obligations under the SCCA.

  • Emissions from Gas Release Events shall be tracked and reported with annual emissions.

  • If Licensee desires to obtain any Source Code Escrow Package from the Escrow Agent upon the occurrence of one or more of the Escrow Release Events, then Licensee shall comply with the procedures set forth in the Escrow Agreement to document the occurrence of the one or more of the Escrow Release Events.


More Definitions of Release Events

Release Events. (a) VNI becomes insolvent, files for bankruptcy or is subjected to involuntary bankruptcy proceedings that are not dismissed within 60 days, or makes a general assignment for the benefit of its creditors; (b) Vert ceases to offer any Maintenance and Support Services for a Deployed Product other than as a result of the expiration or termination of the Maintenance and Support Agreement in accordance with its terms; (c) a Vert Non-Renewal Election occurs and Vert fails to deliver to Converge the Source Code for all Deployed Products within the time period specified in Section 2.4.3 above; or (d) a Converge Non-Renewal Election occurs and Vert fails to deliver to Converge the Source Code for all Initial Deployed Products within the time period specified in Section 2.4.3 above. Notwithstanding anything to the contrary herein, (i) if the claimed Release Event is under clause (b) above, only the Escrow Materials for the Product that is the subject of the Release Event, together with all associated Maintenance Updates and Enhancements, shall be subject to release to Converge hereunder; (ii) if the claimed Release Event is under clause (c) above, only the Escrow Materials for the Deployed Products, together with all associated Maintenance Updates and Enhancements, shall be subject to release to Converge hereunder; and (iii) if the claimed Release Event is under clause (d) above, only the Escrow Materials for the Initial Deployed Products, together with all associated Maintenance Updates and Enhancements, shall be subject to release to Converge hereunder.
Release Events means the events set out in clause 6.1.
Release Events has the meaning set out in Clause 5.3.1(iii).
Release Events. (a) VNI becomes insolvent, files for bankruptcy or is subjected to involuntary bankruptcy proceedings that are not dismissed within 60 days, or makes a general assignment for the benefit of its creditors; (
Release Events. Has the meaning ascribed in Section 6.11 hereof. Requirements of Law. Any law, treaty, rule or regulation, or final determination of an arbitrator or Governmental Authority, and, when used with respect to any Person, the certificate of incorporation and by-laws or other organizational or governing documents of such Person. Residual Receipts. All Booked Residuals received by the Servicer, proceeds of the sale of Equipment received by the Servicer in the event the related User does not purchase the Equipment at the end of the related Contract, any amounts collected by the Servicer as judgments against a User or others related to the failure of such User to pay any required amounts under the related Contract or to return the Equipment, including any amounts paid by the Contributor relating to a Security Deposit, plus any amounts not otherwise described above which are received by the Servicer and applied against the Booked Residual of such Contract in accordance with the Servicer's servicing standards in each case as reduced by any reasonably incurred out-of-pocket expenses incurred by the Servicer in enforcing such Contract or in liquidating such Equipment. Responsible Officer. When used with respect to the Trustee, any officer assigned to the corporate trust division (or any successor thereto), including any Vice President, Second Vice President, Assistant Vice President, Senior Trust Officer, Trust Officer, Authorized Signer, Assistant Trust Officer, any Assistant Secretary, any trust officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and having direct responsibility for the administration of this Agreement, and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer's knowledge of and familiarity with the particular subject.
Release Events has the meaning set forth in Section 8.3(c).
Release Events. Has the meaning ascribed in Section 6.11 hereof. Requirements of Law. Any law, treaty, rule or regulation, or final determination of an arbitrator or Governmental Authority, and, when used with respect to any Person, the certificate of incorporation and bylaws or other organizational or governing, documents of such Person. Residual Interest. The Residual Receipts including, without limitation, the right to receive and retain Residual Receipts as owner thereof. Residual Receipts. With respect to any Collection Period, all residual proceeds received by the Servicer, including, without limitation, proceeds of the sale or re-lease of the Equipment received by the Servicer in the event the related User does not purchase the Equipment at the end of the related Contract, any amounts collected by the Servicer as judgments against a User or others related to the failure of such User to pay any required amounts under the related Contract or to return the Equipment, including any amounts relating to a Security Deposit applied by the Servicer as Residual Receipts, plus any other amounts which are received by the Servicer and applied against the Booked Residual Value of such Contract in accordance with the Servicer's servicing standards during such Collection Period, in each case as reduced by any reasonably incurred out-of-pocket expenses incurred by the Servicer in enforcing such Contract or in liquidating such Equipment.