Early Release Process Clause Samples

The Early Release Process clause outlines the procedures and conditions under which a party may be permitted to exit an agreement or obligation before its originally scheduled completion. Typically, this clause specifies the steps required to request early release, such as providing written notice, meeting certain criteria, or obtaining approval from the other party. Its core practical function is to provide a clear and structured method for parties to end their commitments early, thereby reducing uncertainty and potential disputes over premature termination.
Early Release Process. 13.2.1 Entirely at our sole discretion this Agreement may also be terminated earlier if both you and we agree to this in writing. Ordinarily, release is granted if another student of the University (identified by you and who is satisfactory to us) is identified to take over the vacated accommodation at which point they would become bound by these contract terms; 13.2.2 You will still remain liable for the Halls Fees up to and including the agreed termination date. In the event of you remaining beyond this date then clauses 7.1.1 – 7.1.3, 7.3, 10, 15 and 17 apply; 13.2.3 Early release will be granted if you formally terminate your academic studies at the
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Early Release Process. 13.2.1 Entirely at our sole discretion this Agreement may also be terminated earlier if both you and we agree to this in writing. The decision of Residential Services is final. Ordinarily, early release is granted if another student of the University (identified by you and who is satisfactory to us) is identified to take over the vacated accommodation at which point they would become bound by these contract terms. The identified student must have: • accepted their offer of accommodation, • not already be resident elsewhere in our accommodation; and • not be already on our waiting list; 13.2.2 If you wish to apply for early release from your hall contract you should email ▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇.▇▇ for advice. Requesting early release does not mean that early release will be granted and is only granted in exceptional circumstances unless under the grounds set out in section 13 of this agreement. NB It is strongly recommended that you do not sign any other contract for accommodation without having received written confirmation that you will be released from your halls contract. Failure to do so may mean you are financially liable for two contracts for accommodation. In some instances, in support of your request, we reserve the right to request you engage with relevant support services within Student Services. 13.2.3 You will still remain liable for the Halls Fees up to and including the agreed termination date or the return of your keys whichever is the later. As a standard, a 28 day notice period will be implemented from the date the initial request is received. In the event of you remaining beyond this date then clauses 7.1.1 – 7.1.3, 7.3, 10, 15 and 17 apply; 13.2.4 Subject to your compliance with clause 13.1.2 A above, early release will also be granted if you formally terminate or suspend your academic studies with us.
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Early Release Process 
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Related to Early Release Process

  • Early Release Graduation to Tier 1 (1) When a CPC or Resulting Issuer becomes a Tier 1 Issuer, the release schedule for its escrow securities changes. (2) If the Issuer reasonably believes that it meets the Initial Listing Requirements of a Tier 1 Issuer as described in Policy 2.1 – Initial Listing Requirements, the Issuer may make application to the Exchange to be listed as a Tier 1 Issuer. The Issuer must also concurrently provide notice to the Escrow Agent that it is making such an application. (3) If the graduation to Tier 1 is accepted by the Exchange, the Exchange will issue an Exchange Bulletin confirming final acceptance for listing of the Issuer on Tier 1. Upon issuance of this Bulletin the Issuer must immediately: (a) issue a news release disclosing: (i) that it has been accepted for graduation to Tier 1; and (ii) the number of escrow securities to be released and the dates of release under the new schedule; and (b) provide the news release, together with a copy of the Exchange Bulletin, to the Escrow Agent. (4) Upon completion of the steps in section 3.1(3) above, the Issuer’s release schedule B(1) will be replaced with release schedule B(2). (5) Within 10 days of the Exchange Bulletin confirming the Issuer’s listing on Tier 1, the Escrow Agent must release any escrow securities from escrow which under the new release schedule would have been releasable at a date prior to the Exchange Bulletin.

  • ADEA Release You acknowledge that you are knowingly and voluntarily waiving and releasing any rights you have under the ADEA, and that the consideration given for the waiver and releases you have given in this Agreement is in addition to anything of value to which you were already entitled. You further acknowledge that you have been advised, as required by the ADEA, that: (a) your waiver and release does not apply to any rights or claims that arise after the date you sign this Agreement; (b) you should consult with an attorney prior to signing this Agreement (although you may choose voluntarily not to do so); (c) you have twenty-one (21) days to consider this Agreement (although you may choose voluntarily to sign it sooner); (d) you have seven (7) days following the date you sign this Agreement to revoke this Agreement (in a written revocation sent to me); and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after you sign this Agreement provided that you do not revoke it (the “Effective Date”).

  • Specific Release of ADEA Claims In further consideration of the payments and benefits provided to Executive under the Employment Agreement, the Releasors hereby unconditionally release and forever discharge the Releasees from any and all Claims that the Releasors may have as of the date Executive signs this Agreement arising under the Federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder (“ADEA”). By signing this Agreement, Executive hereby acknowledges and confirms the following: (i) Executive was, and is hereby, advised by the Company in connection with his termination to consult with an attorney of his choice prior to signing this Agreement and to have such attorney explain to Executive the terms of this Agreement, including, without limitation, the terms relating to Executive’s release of claims arising under ADEA, and Executive has in fact consulted with an attorney; (ii) Executive was given a period of not fewer than 21 days to consider the terms of this Agreement and to consult with an attorney of his choosing with respect thereto; (iii) Executive knowingly and voluntarily accepts the terms of this Agreement; (iv) the payments and benefits provided to Executive in consideration of this release are in addition to any amounts otherwise owed to Executive; and (v) this Agreement is written in a manner designed to be understood by Executive and he understands it. Executive also understands that he has seven days following the date on which he signs this Agreement within which to revoke the release contained in this paragraph, by providing the Company a written notice of his revocation of the release and waiver contained in this paragraph.

  • Release of Releasees ‌ (1) Upon the Effective Date, and in consideration of payment of the Settlement Amount, and for other valuable consideration set forth in the Settlement Agreement, the Releasors forever and absolutely release the Releasees from the Released Claims that any of them, whether directly, indirectly, derivatively, or in any other capacity, ever had, now have, or hereafter can, shall, or may have.

  • Plaintiff’s Release Plaintiff and his or her respective former and present spouses, representatives, agents, attorneys, heirs, administrators, successors, and assigns generally, release and discharge Released Parties from all claims, transactions, or occurrences that occurred during the Class Period, including, but not limited to: (a) all claims that were, or reasonably could have been, alleged, based on the facts contained, in the Operative Complaint and (b) all PAGA claims that were, or reasonably could have been, alleged based on facts contained in the Operative Complaint, Plaintiff’s PAGA Notice, or ascertained during the Action and released under 6.2, below. (“Plaintiff’s Release.”) Plaintiff’s Release does not extend to any claims or actions to enforce this Agreement, or to any claims for vested benefits, unemployment benefits, disability benefits, social security benefits, workers’ compensation benefits that arose at any time, or based on occurrences outside the Class Period. Plaintiff acknowledges that Plaintiff may discover facts or law different from, or in addition to, the facts or law that Plaintiff now knows or believes to be true but agrees, nonetheless, that Plaintiff’s Release shall be and remain effective in all respects, notwithstanding such different or additional facts or Plaintiff’s discovery of them.