Common use of Release Event Clause in Contracts

Release Event. The Escrow Agreement shall provide for release of the Escrow Materials in the event of a termination of the Agreement due to: (i) a Discontinuance of Business (as defined in Section 4.3 below); (ii) a Bankruptcy Event (as defined in Section 4.3 below) of Greenway; or (iii) a Material Support Failure (collectively, the “Release Events”).

Appears in 2 contracts

Sources: Software License and Services Agreement (Greenway Medical Technologies Inc), Software License and Services Agreement (Greenway Medical Technologies Inc)