Common use of Actions Following Release of the Collateral Clause in Contracts

Actions Following Release of the Collateral. To the extent that the Collateral Agent is required to release Collateral in accordance with Section 8.1, or the Security Interest in any Collateral granted pursuant to any of the Security Documents is otherwise terminated or released in accordance with the terms thereof, all right, title and interest of the Collateral Agent in, to and under such Collateral and the Security Interest of the Collateral Agent therein shall terminate and shall revert to the applicable Grantor or its successors and assigns, and the estate, right, title and interest of the Collateral Agent therein shall thereupon cease, terminate and become void. Following such request, instructions or other termination or release, the Collateral Agent shall, upon the written request of the applicable Grantor or its successors or assigns and at the cost and expense of the Grantors, or their successors or assigns, execute such instruments and take such other actions as are necessary or desirable to terminate any such Security Interest and otherwise to effectuate the release of the specified portions of the Collateral from the Lien of such Security Interest. Such termination and release shall be without prejudice to the rights of the Collateral Agent or any successor collateral agent to charge and be reimbursed for any expenditures which it may thereafter incur in connection therewith.

Actions Following Release of the Collateral. To the extent that the Collateral Agent is required to release Collateral in accordance with Section 8.17.1, or the Security Interest security interest in any Collateral granted pursuant to any of the Security Documents is otherwise terminated or released in accordance with the terms thereof, all right, title and interest of the Collateral Agent in, to and under such Collateral and the Security Interest security interest of the Collateral Agent therein shall terminate and shall revert to the applicable Grantor or its successors and assigns, and the estate, right, title and interest of the Collateral Agent therein shall thereupon cease, terminate and become void. Following such request, instructions or other termination or release, the Collateral Agent shall, upon the written request of the applicable Grantor or its successors or assigns and at the cost and expense of the Grantors, or their successors or assigns, execute such instruments and take such other actions as are necessary or desirable to terminate any such Security Interest security interest and otherwise to effectuate the release of the specified portions of the Collateral from the Lien lien of such Security Interestsecurity interest. Such termination and release shall be without prejudice to the rights of the Collateral Agent or any successor collateral agent to charge and be reimbursed for any expenditures which it may thereafter incur in connection therewith.

Actions Following Release of the Collateral. To the extent that the Collateral Agent is required or permitted to release Collateral in accordance with Section 8.17.1 or the terms of the Security Agreement, or the Security Interest security interest in any Collateral granted pursuant to any of the Security Documents is otherwise terminated or released in accordance with the terms thereof, all right, title and interest of the Collateral Agent in, to and under such Collateral and the Security Interest security interest of the Collateral Agent therein shall terminate and shall revert to the applicable Grantor or its successors and assigns, and the estate, right, title and interest of the Collateral Agent therein shall thereupon cease, terminate and become void. Following such request, instructions or other termination or release, the Collateral Agent shall, upon the written request of the applicable Grantor or its successors or assigns and at the cost and expense of the Grantors, or their successors or assigns, execute such instruments and take such other actions as are necessary or desirable to terminate any such Security Interest security interest and otherwise to effectuate the release of the specified portions of the Collateral from the Lien lien of such Security Interestsecurity interest. Such termination and release shall be without prejudice to the rights of the Collateral Agent or any successor collateral agent to charge and be reimbursed for any expenditures which it may thereafter incur in connection therewith.

Actions Following Release of the Collateral. To the extent that the Collateral Agent is required to release Collateral in accordance with Section 8.17.1, or the Security Interest security interest in any Collateral granted pursuant to any of the Security Documents is otherwise terminated or released in accordance with the terms thereof, all right, title and interest of the Collateral Agent in, to and under such Collateral and the Security Interest security interest of the Collateral Agent therein shall terminate and shall revert to the applicable Grantor or its successors and assigns, and the estate, right, title and interest of the Collateral Agent therein shall thereupon cease, terminate and become void. Following such request, instructions or other termination or release, the Collateral Agent shall, upon the written request of the applicable Grantor or its successors or assigns and at the cost and expense of the Grantors, or their successors or assigns, execute such instruments and take such other actions as are necessary or desirable to terminate any such Security Interest security interest and otherwise to effectuate the release of the specified portions of the Collateral from the Lien lien of such Security Interestsecurity interest. Such termination and release shall be without prejudice to the rights of the Collateral Agent or any successor collateral agent to charge and be reimbursed for any expenditures which it may thereafter incur in connection therewith. SECTION 8. AGREEMENTS AMONG BENEFICIARIES.

Actions Following Release of the Collateral. To the extent that the Collateral Agent Trustee is required to release Collateral in accordance with Section 8.17.1 of this Agreement, or the Security Interest security interest in any Collateral ----------- granted pursuant to any of the Security Documents is otherwise terminated or released in accordance with the terms thereof, all right, title and interest of the Collateral Agent Trustee in, to and under such Collateral and the Security Interest security interest of the Collateral Agent Trustee therein shall terminate and shall revert to the applicable Grantor Debtor or its successors and assigns, and the estate, right, title and interest of the Collateral Agent Trustee therein shall thereupon cease, terminate determine and become void. Following such request, instructions or other termination or release, the Collateral Agent Trustee shall, upon the written request of the applicable Grantor Debtor or its successors or assigns and at the cost and expense of the GrantorsDebtor, or their its successors or assigns, execute such instruments and take such other actions as are necessary or desirable to terminate any such Security Interest security interest and otherwise to effectuate the release of the specified portions of the Collateral from the Lien lien of such Security Interestsecurity interest. Such termination and release shall be without prejudice to the rights of the Collateral Agent Trustee or any successor collateral agent trustee to charge and be reimbursed for any expenditures which it may thereafter incur in connection therewith.