Common use of Authority of Administrative Agent to Release Liens Clause in Contracts

Authority of Administrative Agent to Release Liens. The Administrative Agent is hereby authorized to execute and deliver to the Borrower, at the Borrower’s sole cost and expense, any and all releases of Liens, termination statements, assignments or other documents reasonably requested by the Borrower in connection with any sale or other disposition of Property to the extent such sale or other disposition is permitted by the terms of Section 9.13 or is otherwise authorized by the terms of the Loan Documents.

Appears in 5 contracts

Samples: Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.)

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Authority of Administrative Agent to Release Liens. The -------------------------------------------------- Administrative Agent is hereby authorized to execute and deliver to the Borrower, at the Borrower’s 's sole cost and expense, any and all releases of Liens, termination statements, assignments or other documents reasonably requested by the Borrower in connection with any sale or other disposition of Property to the extent such sale or other disposition is permitted by the terms of Section 9.13 or is otherwise authorized by the terms of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Authority of Administrative Agent to Release Liens. The Administrative Agent is hereby authorized to execute and deliver to the BorrowerObligors, at the Borrower’s Obligors' sole cost and expense, any and all releases of Liens, termination statements, assignments or other documents reasonably requested by the Borrower Obligors in connection with any sale or other disposition of Property to the extent such sale or other disposition is permitted by the terms of Section 9.13 9.12 or is otherwise authorized by the terms of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Eex Corp)

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Authority of Administrative Agent to Release Liens. The Administrative Agent is authorized to release any Collateral that is permitted to be sold or released pursuant to the terms of the Loan Documents. The Administrative Agent is hereby authorized to execute and deliver to the Borrower, at the Borrower’s sole cost and expense, any and all releases of Liens, termination statements, assignments or other documents reasonably requested by the Borrower in connection with any sale or other disposition of Property to the extent such sale or other disposition is permitted by the terms of Section 9.13 9.11 or is otherwise authorized by the terms of the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

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