Escrow Release Condition 2 Sample Clauses

Escrow Release Condition 2. Upon receipt by the Escrow Agent of an Escrow Release Notice jointly and duly executed by the Parties instructing the Escrow Agent to release (a part of) the Escrow Amount to the Stichting and/or the Purchaser, the Escrow Agent shall release (a part of) the Escrow Amount in full compliance with such Escrow Release Notice. If the Escrow Release Notice is to release a claimed amount such Escrow Release Notice shall specify exactly which part of the claimed amount is to be released and by doing so the Parties acknowledge the claim is no longer outstanding with respect to such amount.
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Related to Escrow Release Condition 2

  • Release Conditions As used in this Agreement, "Release Conditions" shall mean the following:

  • Termination Conditions This Agreement terminates upon the earlier of any of the following events: a.

  • Release from Escrow (1) The Shareholder irrevocably directs the Escrow Agent to retain the Shares until the Shares are released from escrow pursuant to subsection (2) or surrendered for cancellation pursuant to section 8. (2) The Escrow Agent shall not release the Shares from escrow unless the Escrow Agent has received a letter from the Superintendent or the Exchange consenting to the release. (3) The approval of the Superintendent or the Exchange to a release from escrow of any of the Shares shall terminate this agreement only in respect of the Shares so released.

  • Prior Conditions Satisfied All conditions set forth in §10 shall continue to be satisfied as of the date upon which any Loan is to be made or any Letter of Credit is to be issued.

  • GUARANTEE CONDITIONS 4.1 The performance certification requirements for the Aircraft, except where otherwise noted, will be as stated in Section 02 of the Standard Specification. 4.2 For the determination of JAR take-off and landing performance a hard dry level runway surface with no runway strength limitations, no line-up allowances, no obstacles, zero wind, atmosphere according to ISA, except as otherwise noted, and the use of speed brakes, flaps, landing gear and engines in the conditions liable to provide the best results will be assumed. 4.2.1 When establishing take-off and second segment performance no air will be bled from the engines for cabin air conditioning or anti-icing.