Release Limit definition
Examples of Release Limit in a sentence
In the event Seller or its designee requests the release of a Mortgage File to Seller or its designee with respect to a Mortgage Loan, which release would result in Custodian having released Mortgage Files pertaining to Mortgage Loans at the time being held by Custodian on behalf of Buyer with an aggregate outstanding principal balance greater than the Release Limit, Custodian shall notify Buyer in its Daily Report and obtain written consent of Buyer prior to such requested release.
The preceding sentence respecting release to Seller, or its designee, of Custodian's Mortgage Files shall be operative only to the extent that at any time Custodian shall not have released to Seller or its designee pursuant to clause (a) or (b) of this Section 5, Mortgage Files pertaining to Mortgage Loans at the time being held by Custodian on behalf of Buyer with an aggregate outstanding principal balance greater than the Release Limit.
In the event Seller or its designee requests the release of a Mortgage File to Seller or its designee with respect to a Mortgage Loan, which release would result in Custodian having released Mortgage Files pertaining to Mortgage Loans at the time being held by Custodian on behalf of Buyer with an aggregate outstanding principal balance greater than the Release Limit, Custodian shall notify Buyer and obtain written consent of Buyer prior to such requested release.
The preceding sentence respecting release to Seller, or its designee, of Custodian's Mortgage Files shall be operative only to the extent that at any time Custodian shall not have released to Seller or its designee pursuant to clause (a) or (b) of this Section 5, Mortgage Files pertaining to Mortgage Loans at the time being held by Custodian on behalf of Buyer with an aggregate outstanding principal balance greater than $500,000 (the "Release Limit").
In the event that any Purchase Order exceeds the individual purchase limit set forth in the BPA/CPA Form ("Release Limit"), Vendor shall immediately notify the City's Procurement & Supply Management Department by email at ▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ that it has received a Purchase Order exceeding the Release Limit.
In the event that any Purchase Order exceeds the individual purchase limit set forth in the BPA Form ("Release Limit"), Vendor shall immediately notify the City's Procurement & Supply Management Department by email at ▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ that it has received a Purchase Order exceeding the Release Limit.
Authorization to Release, Limit or Subordinate Liens or to Release Guaranties 107 Section 9.13.
Authorization to Release, Limit or Subordinate Liens or to Release Guaranties 92 Section 11.13.
In the event Sellers or their designee request the release of an Asset File to Sellers or their designee with respect to an Asset, which release would result in Custodian having released Asset Files pertaining to Assets at the time being held by Custodian on behalf of the Buyer in excess of the Release Limit, Custodian shall notify the Buyer in its Daily Report and obtain written acknowledgment from the Buyer prior to such requested release.
In the event Seller or its designee requests the release of a Mortgage File to Seller or its designee with respect to a Mortgage Loan, which release would result in Custodian having released Mortgage Files pertaining to Mortgage Loans at the time being held by Custodian on behalf of Buyer with an aggregate outstanding principal balance greater than the Release Limit, Custodian shall notify Buyer in its Daily Report and obtain written acknowledgment from Buyer prior to such requested release.