Authorization to Release Liens. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any Property of the Packard or any of its Subsidiaries that is the subject of a Disposition which is permitted by this Agreement or which has been consented to in accordance with Section 13.1.
Appears in 2 contracts
Samples: Credit Agreement (Packard Bioscience Co), Credit Agreement (Packard Bioscience Co)
Authorization to Release Liens. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any Property property of the Packard Borrower or any of its Subsidiaries that is the subject of a Disposition which that is permitted by this Agreement or which that has been consented to in accordance with Section 13.111.1.
Appears in 1 contract
Authorization to Release Liens. The Administrative Agent is hereby irrevocably authorized by each of the Lenders to release any Lien covering any Property of the Packard Borrower or any of its Subsidiaries that is the subject of a Disposition which is that the Administrative Agent in good faith believes to be permitted by this Agreement or which has to have been consented to in accordance with Section 13.110.1 or to be owned by any Subsidiary of the Borrower the Capital Stock of which was transferred, in any such Disposition, to a Person who is not an Affiliate of the Borrower.
Appears in 1 contract
