Retention Release Date definition

Retention Release Date means the First Retention Release Date, the Second Retention Release Date or the Final Retention Release Date, as the case may be; "Second Retention Release Date" means 36 months after the Completion Date; and "Solicitors" means the Buyer's Solicitors and the Sellers' Solicitors; "Withholding" has the meaning given to it in paragraph 4.3(c) of this schedule "W&I Policy" means a warranty and indemnity insurance policy in respect of the Agreement and the transaction contemplated therein on terms that are satisfactory to the Buyer; "W&I Policy Costs" means the insurance premium payable by the Buyer in respect of the W&I Policy and any costs or expenses reasonably incurred by the Buyer in connection with the W&I Policy including, but not limited to, legal fees, the underwriting fee, and any applicable insurance premium tax; and "W&I Policy Inception Date" means the date that is 90 days following Completion.
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Retention Release Date means 31 January 1999;
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Retention Release Date means the First Retention Release Date, the Second Retention Release Date or the Third Retention Release Date (as the case may be).
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Examples of Retention Release Date in a sentence

  • Interest earned in the Warranty Retention Account on such payments from the Business Day immediately after the Warranty Retention Release Date shall apply to principal payments.

  • For the avoidance of doubt, if the provisions of clause 3.3(A) or clause 3.3(D) apply the balance of the Second Vendor Debt Balance shall be paid in accordance with clause 3.11 and the balance of the Retention Amount shall be held in the Retention Account pending the Retention Release Date and, in each case subject to any other adjustments pursuant to clause 15.3, in accordance with clause 15.4 and 15.5. * - Confidential Treatment Requested.

  • If a Relevant Claim has been notified by a Buyer to the Primary Seller prior to the General Retention Release Date, no part of the General Retention shall be released to the Sellers from the Retention Account otherwise than in accordance with the provisions of this clause 5.

  • Any balance of the Second Vendor Debt Balance shall be paid in accordance with clause 3.11 and any balance of the funds in the Retention Account shall be held pending the Retention Release Date to be released in accordance with clause 15 (and, for the avoidance of doubt, subject to clauses 15.5(A) to 15.5(E) (inclusive)).

  • This report will also include a brief summary of the majority, 85% of outstanding jobs by dollar, of the contracts outstanding by company, which will include: Job number, Description, Bonded or not, Type of contract, Contract value, Cost to Date, Cost at Completion, Percent of Completion, Forecasted Profit/Loss, Amount Billed, Accounts Receivable, Retention on Contract, Expected Completion Date, Expected Retention Release Date.

  • Retention Release Date Subject to clauses 15.5(A) to 15.5(E) (inclusive) and clause 15.6, which shall apply if at such time an Agreed Claim or Unagreed Claim remains unsatisfied in whole or in part at that time, the parties shall procure that, on the date specified in clause 3.11 the balance of the Second Vendor Debt Balance shall be paid in accordance with clause 3.11 and on the Retention Release Date, the balance of the Retention (the “Retention Release Amount”) shall be released to the Vendor’s Account.

  • Both the SUVs use monocoque construction and even have similar power-to-weight ratio.

  • Please register online at https://us06web.zoom.us/meeting/register/tZ0vf- mhqzgvGdLSgobMpcVQD1AL6rF-A_Cn#/registration.

  • Subject as provided in paragraph 1.3 below the Retention shall be released on the Retention Release Date.


More Definitions of Retention Release Date

Retention Release Date means the day after a period of 12 months following Practical Completion of the Main Contract Works.
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Retention Release Date means the date falling 12 calendar months after Completion.
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Retention Release Date means either of these dates, as the context requires;
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Retention Release Date means the second anniversary of the date of this Agreement;
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Related to Retention Release Date

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Collateral Release Date has the meaning given that term in Section 8.10.(b).

  • Escrow Release Date has the meaning set forth in the Escrow Agreement.

  • Collateral Release Period means, each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • Retention Period means the time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Release of Claims means the Release of Claims in substantially the same form attached hereto as Exhibit A (as the same may be revised from time to time by the Company upon the advice of counsel).

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • Earned release means earned release from confinement as

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Separation Date has the meaning set forth in the Separation Agreement.

  • Severance Date means the date on which an Executive incurs a Severance, which shall be the date of termination as determined under Section 5.2.

  • Conditional release means a revocable modification of a

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Transition Date means the date on which this contract comes into effect for all purposes.

  • Current Release means that version of the Product installed on the Equipment at the Commencement Date and any modifications to it or if a new Release is available, that new Release installed on the Equipment and any modifications to it;

  • Lease Termination Date means the last day of the Lease Term.

  • Pre-Release shall have the meaning set forth in Section 2.09.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Retention Bonus means an incentive bonus provided under

  • Rollover Notification Date shall be defined as set forth in the Prospectus under "Summary of Essential Information."

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Agreement Termination Date is defined in Section 7.4.