Collateral Release Date. On the Collateral Release Date, the Collateral Documents and the Subsidiary Guaranties shall immediately and automatically be released without any further action by any Note Party or any other Person, the liens or mortgages granted to the Collateral Agent pursuant to the Collateral Documents shall be released, and the Subsidiary Guaranties shall be released.
Appears in 5 contracts
Samples: Note Purchase Agreement (Marcus Corp), Note Purchase Agreement (Marcus Corp), Note Purchase Agreement (Marcus Corp)
Collateral Release Date. On the Collateral Release Date, the Collateral Documents and the Subsidiary Guaranties shall immediately and automatically be released without any further action by any Note Party or any other Person, the liens or mortgages granted to the Collateral Agent pursuant to the Collateral Documents shall be released, and the Subsidiary Guaranties shall be releasedreleasedReserved.
Appears in 2 contracts
Samples: Note Purchase Agreement (Marcus Corp), Note Purchase Agreement (Marcus Corp)
Collateral Release Date. On the Collateral Release Date, the Collateral Documents and the Subsidiary Guaranties shall immediately and automatically be released without any further action by any Note Party or any other Person, the liens or mortgages granted to the Collateral Agent pursuant to the Collateral Documents shall be released, and the Subsidiary Guaranties shall be released.
Appears in 1 contract
