Common use of Automatic Release Clause in Contracts

Automatic Release. As provided in Section 9.02 of the Credit Agreement, a Guarantor shall be automatically released from its obligations under this Guarantee upon the satisfaction of the conditions set forth therein.

Appears in 7 contracts

Samples: Credit Agreement (Service Corp International), Credit Agreement (Service Corporation International), Credit Agreement (Service Corporation International)

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Automatic Release. As provided in Section 9.02 9.02(c) of the Credit Agreement, a Guarantor shall be automatically released from its obligations under this Guarantee upon the satisfaction of the conditions set forth therein.. END OF TEXT

Appears in 1 contract

Samples: Security and Pledge Agreement (Carriage Services Inc)

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Automatic Release. As provided in Section 9.02 of the Credit Agreement, a Guarantor shall be automatically released from its obligations under this Guarantee upon the satisfaction of the conditions set forth therein. Section 20.

Appears in 1 contract

Samples: Revolving Credit Agreement

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