Common use of Authority of Administrative Agent to Clause in Contracts

Authority of Administrative Agent to. Release Collateral and ----------------------------------------------------------- Liens. Each Lender hereby authorizes the Administrative Agent to release any ----- collateral that is permitted to be sold or released pursuant to the terms of the Loan Documents. Each Lender hereby authorizes the Administrative Agent 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 10.13 or is otherwise authorized by the terms of the Loan Documents.