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.
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.
Upon compliance by the Company with the conditions precedent set forth above, the Trustee shall cause to be released and reconveyed, without recourse and without representation or warranty of any kind, to the Company, the Released Interests.
Upon compliance by the Corporation with, to the extent applicable, the conditions precedent set forth above, the Trustee will cause to be released and reconveyed to the Corporation the Released Interests, and any proceeds generated on a Non-Core Asset Sale may be used by the Corporation without restriction.