Scheduled Release Date definition
Examples of Scheduled Release Date in a sentence
If the Escrow Agent does not receive the Release Instructions until after a Scheduled Release Date has occurred, the Escrow Agent shall disburse from the Escrow Amount (within 3 Business Days after receipt of the Release Instructions) that number of Alpha Shares and Cash Deposit, if any, that would have been released on any prior Scheduled Release Date.
If there are outstanding indemnification or other -------------- claims on the Scheduled Release Date, an amount adequate to cover such pending claims shall be withheld by the Escrow Agent from the Escrowed Funds in accordance with the Escrow Agreement and the Escrow Agreement shall continue, for as long as required to cover such pending claims.
Except as provided in Section 4.03 below, any remaining ------- Escrowed Funds shall be released from escrow and paid to the Company on the date that is one (1) year from the Closing Date (the "Scheduled Release Date") in accordance with the Escrow Agreement and the Escrow Agreement shall terminate on such date.
The parties acknowledge and agree that if any amount of the Cash Consideration remains in escrow after the Scheduled Release Date as a result of any Disputed Matter(s) submitted by Purchaser, the amount of such Cash Consideration in escrow shall be reduced to an amount which is equal to the Estimated Monetary Value of any Award(s) (as defined below) and all Cash Consideration in excess of the Estimated Monetary Value of any Award(s) will be released from escrow.
InsWeb in its sole discretion, will assign Company to a Scheduled Release Date and will define a project plan and schedule that will include key tasks, major milestones, joint testing efforts and targeted dates.
CUSTOMER APPLICATION(S) -------------------------------------------------------------------------------------------------------- Application Name Description Scheduled Release Date -------------------------------------------------------------------------------------------------------- AISP Document Capture Application that provides for indexing System- Indexing of scanned or imported images.
The Scheduled Release Date to which Company is assigned will depend on: a) the date by which this Agreement is jointly executed by Company and InsWeb; b) the submission of development requirements for Program by Company to InsWeb; c) Company’s technical capability to receive and process RFQs; and d) InsWeb’s pending inventory of existing development activities.
Except as provided in Section 4.03 below, any remaining Escrowed Funds shall be released from escrow and paid to the Company on the date that is one (1) year from the Closing Date (the "Scheduled Release Date") in accordance with the Escrow Agreement and the Escrow Agreement shall terminate on such date.
If there are outstanding indemnification or other claims on the Scheduled Release Date, an amount adequate to cover such pending claims shall be withheld by the Escrow Agent from the Escrowed Funds in accordance with the Escrow Agreement and the Escrow Agreement shall continue, for as long as required to cover such pending claims.
Except as provided in Section 10.09(c) below, the remaining Escrow Funds shall be released from escrow on the date that is twenty (20) months from the Closing Date (the "Second Scheduled Release Date") and the Escrow Agreement shall terminate on such date.