Examples of Release Period in a sentence
No severance will be paid or provided unless the Release becomes effective during the Release Period.
Similarly to the 2020 target, under the new Effort Sharing Regulation (ESR), national emission targets for 2030 are set, expressed as percentage changes from 2005 levels.
Notwithstanding anything to the contrary in this Agreement, if the Release Period straddles two calendar years, no severance benefits shall be paid to the Employee until the second calendar year (with any missed severance payments being paid to the Employee on the first payroll date occurring in the second calendar year).
Current tax expense is the expected tax payable on the taxable income for the year, using tax rates enacted or substantially enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.
Notwithstanding the foregoing, the Borrower shall have no duty to comply with the requirements set forth in clauses (i) - (iii) above during a Guaranty Release Period.