Examples of Released Interests in a sentence
The sole purpose of this Memorandum of Release is to give notice to third parties of the existence of the Agreement, the rights of Gatherer in and to Producer’s Gas from the Dedicated Area, and the release of the Released Interests from the dedication.
Upon compliance by the Company with the conditions precedent set forth above, the Trustee shall cause to be released and reconveyed to the Company, the Released Interests.
The Parties further agree that, effective as of the release of the Released Interests, each Party is hereby fully released from any and all obligations and liabilities arising from or related to the Agreement, insofar and only insofar as such obligations and liabilities directly relate to the Released Interests.
In addition, so long as no Default or Event of Default exists (with respect to a Released Interest other than in connection with the immediately preceding sentence), the Collateral Agent, at the request and sole expense of the Company, will execute and deliver to the Company the proper instruments to effect the release of the Released Interests in compliance with Section 10.05 of the Indenture.
In addition, so long as no Default or Event of Default exists (with respect to a Released Interest other than in connection with the immediately preceding sentence), the Collateral Agent, at the request and sole expense of any Subsidiary Guarantor, will execute and deliver to such Subsidiary Guarantor the proper instruments to effect the release of the Released Interests in compliance with Section 10.05 of the Indenture.