Common use of Collateral Releases Clause in Contracts

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 31 contracts

Samples: Loan Agreement (Gametech International Inc), Assignment Agreement (Shaw Group Inc), Credit Agreement (Superior Energy Services Inc)

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Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower Borrowers on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.28.3, all of the Lenders) in writing.

Appears in 7 contracts

Samples: Credit Agreement (Polaris Inc.), Credit Agreement (Polaris Inc.), Credit Agreement (Polaris Inc.)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be that are necessary or appropriate to effect any releases of Collateral which shall be permitted that (a) does not have a fair market value in excess of $1,000,000 individually or in the aggregate in any fiscal year, or (b) all of the Lenders (other than any Defaulting Lender) have approved in writing by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writingotherwise.

Appears in 6 contracts

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.28.3, all of the Lenders) in writing.

Appears in 6 contracts

Samples: Credit Agreement (Orchids Paper Products CO /DE), Credit Agreement (Orchids Paper Products CO /DE), Credit Agreement (Orchids Paper Products CO /DE)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral Documents which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 5 contracts

Samples: Credit Agreement (Coachmen Industries Inc), Three Year Credit Agreement (Coachmen Industries Inc), 364 Day Credit Agreement (Coachmen Industries Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 5 contracts

Samples: Credit Agreement (First Cash Financial Services Inc), Credit Agreement (Equity Oil Co), Credit Agreement (First Cash Financial Services Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral or of any Guarantor which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 4 contracts

Samples: Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 4 contracts

Samples: Credit Agreement (CompuCredit Holdings Corp), Credit Agreement (Caribou Coffee Company, Inc.), Credit Agreement (Viad Corp)

Collateral Releases. The Lenders hereby empower and authorize the ------------------- Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 4 contracts

Samples: Credit Agreement (Transit Group Inc), Credit Agreement (Transit Group Inc), Acquisition Credit Agreement (Transit Group Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower Obligors on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral collateral which shall be permitted by the terms hereof hereof, including without limitation any collateral held under the Pledge Agreements which is permitted to be sold under the terms of this Agreement, or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2required, all of the Lenders) in writing.

Appears in 3 contracts

Samples: Guaranty Agreement (Universal Forest Products Inc), Credit Agreement (Universal Forest Products Inc), Credit Agreement (Universal Forest Products Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Transaction Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 3 contracts

Samples: Credit Agreement (Tri State Outdoor Media Group Inc), Credit Agreement (Northland Cable Television Inc), Credit Agreement (Tri State Outdoor Media Group Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.29.1, all of the Lenders) in writing.

Appears in 3 contracts

Samples: Credit Agreement (Pulte Homes Inc/Mi/), Assignment Agreement (Pulte Homes Inc/Mi/), Revolving Credit Agreement (Pulte Homes Inc/Mi/)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which Borrower and its Subsidiaries are permitted to sell or otherwise transfer pursuant to Section 7.4, or which shall otherwise be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.211.2, all of the Lenders) in writing.

Appears in 3 contracts

Samples: Credit Agreement (Cimarex Energy Co), Credit Agreement (Cimarex Energy Co), Credit Agreement (Cimarex Energy Co)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2this Agreement, all of the Lenders) in writing.

Appears in 3 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 2 contracts

Samples: Credit Agreement (Clark Inc), Credit Agreement (Clark Inc)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower Borrowers or their Affiliates on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of collateral subject to the Collateral Documents which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.28.3, all of the Lenders) in writing.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Richardson Electronics LTD/De), Revolving Credit Agreement (Richardson Electronics LTD/De)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing. Remainder of this page intentionally left blank.

Appears in 2 contracts

Samples: Credit Agreement (Petroquest Energy Inc), Credit Agreement (Petroquest Energy Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower Borrowers and Guarantor on their behalf any agreements, documents documents, or instruments as shall be necessary or appropriate to effect reflect any releases of Collateral which shall be permitted by the terms hereof (including, without limitation, the release of Collateral that Borrowers or Guarantor are permitted to sell pursuant to Section 13(a)(ii) hereof) or of any other Loan Document or which shall otherwise have been approved by the Required requisite Lenders (or, if required by the terms of pursuant to this Section 8.2, all of the Lenders) in writing15.

Appears in 2 contracts

Samples: Credit Agreement (Parallel Petroleum Corp), Credit Agreement (Parallel Petroleum Corp)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral or subordinations of liens on the Collateral which shall be permitted by the terms hereof or of any other Loan Credit Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2this Agreement, all of the Lenders) in writing.

Appears in 2 contracts

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/), Credit Agreement (Consolidated Graphics Inc /Tx/)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 2 contracts

Samples: Loan and Security Agreement (HydroGen CORP), Credit Agreement (Quest Resource Corp)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower Company on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.29.10, all of the Lenders) in writing.

Appears in 2 contracts

Samples: Credit Agreement (Valley National Gases Inc), Credit Agreement (Valley National Gases Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.28.03, all of the Lenders) in writing, and in each case all other action reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Miller Mechanical Contractors Inc), Credit Agreement (American Plumbing & Mechanical Inc)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent and the Collateral Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral or subordinations of liens on the Collateral which shall be permitted by the terms hereof or of any other Loan Credit Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2this Agreement, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/)

Collateral Releases. The Lenders hereby empower and authorize the ------------------- Agent to execute and deliver to the Borrower Borrowers on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Miller Exploration Co)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their its behalf any agreements, documents documents, or instruments as shall be necessary or appropriate to effect reflect any releases of Collateral which shall be permitted by the terms hereof (including, without limitation, the release of Collateral that Borrower is permitted to sell pursuant to Section 13 hereof) or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of pursuant to Section 8.2, all of the Lenders) in writing15 hereof.

Appears in 1 contract

Samples: Credit Agreement (Approach Resources Inc)

Collateral Releases. The Without limiting the ------------------- power and authority of the Collateral Agent under the Intercreditor Agreement, the Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Collateral Releases. The Lenders hereby empower and authorize the Agent (1) to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writingwriting and (2) to release from the Liens of the Collateral Documents any Property that does not constitute “Collateral” by reason of the proviso of the definition of that term.

Appears in 1 contract

Samples: Credit Agreement (Shaw Group Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents documents, or instruments as shall be necessary or appropriate to effect reflect any releases of Collateral which shall be permitted by the terms hereof (including, without limitation, the release of Collateral that Borrower or any Subsidiary is permitted to sell pursuant to Section 13(a)(ii) hereof) or of any other Loan Document or which shall otherwise have been approved by the Required requisite Lenders (or, if required by the terms of pursuant to this Section 8.2, all of the Lenders) in writing15.

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to Borrower and the Borrower Guarantors on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be collateral as permitted by by, but only in accordance with, the terms hereof or of any other the applicable Loan Document (including a release of collateral pursuant to Section 5.2(a) hereof and Section 8.17 of Borrower's Pledge and Security Agreement) or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Chromcraft Revington Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any such agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document the Collateral Documents or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Security Agreement (Pronet Inc /De/)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower Borrowers on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.29.1, all of the Lenders) in writing.. ARTICLE XI

Appears in 1 contract

Samples: Assignment Agreement (Hovnanian Enterprises Inc)

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Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower Company on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Petroleum Development Corp)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the LendersLenders or the Majority Facility Lenders under a particular Facility) in writing.

Appears in 1 contract

Samples: Credit Agreement (Superior Energy Services Inc)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower or its Subsidiaries, as the case may be, on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Maytag Corp)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.. ARTICLE XI

Appears in 1 contract

Samples: Assignment Agreement (Shaw Group Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower Loan Parties on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Midas Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower and Guarantors on their behalf any agreements, documents documents, or instruments as shall be necessary or appropriate to effect reflect any releases of Collateral which shall be permitted by the terms hereof (including, without limitation, the release of Collateral that Borrower or Guarantors are permitted to sell pursuant to Section 13(a)(ii) hereof) or of any other Loan Document or which shall otherwise have been approved by the Required requisite Lenders pursuant to this Section 15. (or, if required by the terms of Section 8.2, all of the Lenders) in writing.r)

Appears in 1 contract

Samples: Credit Agreement (Parallel Petroleum Corp /De/)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower Borrowers on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.29.1, all of the Lenders) in writing.

Appears in 1 contract

Samples: Term Loan Agreement (Guild Holdings Co)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower Unit on their behalf any agreements, documents 66 or instruments as shall will be necessary or appropriate to effect any releases of Collateral which shall will be permitted by the terms hereof or of any other Loan Document or which shall will otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.211.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Unit Corp)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower or Guarantors on their its behalf any agreements, documents documents, or instruments as shall be necessary or appropriate to effect reflect any releases of Collateral which shall be permitted by the terms hereof (including, without limitation, the release of Collateral that Borrower or any Guarantor is permitted to sell pursuant to Section 13 hereof) or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of pursuant to Section 8.2, all of the Lenders) in writing15 hereof.

Appears in 1 contract

Samples: Credit Agreement (Approach Resources Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.28.3, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Northland Cable Properties Four LTD Partnership)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute sign and deliver to Company or any of the Borrower other Borrowers on their behalf any agreements, documents documents, or instruments as shall be that are necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of that any other Loan Document or which shall that is otherwise have been approved by the Required Majority Lenders (or, if required by the terms of Section 8.28.14, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Life Time Fitness, Inc.)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower Borrowers on their behalf any agreements, documents documents, or instruments as shall be necessary or appropriate to effect reflect any releases of Collateral which shall be permitted by the terms hereof (including, without limitation, the release of Collateral that Borrowers are permitted to sell pursuant to Section 13(a)(ii)) or of any other Loan Document or which shall otherwise have been approved by the Required Super Majority Lenders (or, if required by the terms of pursuant to Section 8.2, all of the Lenders) in writing15.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their its behalf any agreements, documents documents, or instruments as shall be necessary or appropriate to effect reflect any releases of Collateral which shall be permitted by the terms hereof (including, without limitation, the release of Collateral that Borrower is permitted to sell pursuant to Section 13(a)(ii) hereof) or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of pursuant to Section 8.2, all of the Lenders) in writing15 hereof.

Appears in 1 contract

Samples: Credit Agreement (Range Resources Corp)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be that are necessary or appropriate to effect any releases of Collateral which shall be permitted that that the Required Lenders have approved in writing by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writingotherwise.

Appears in 1 contract

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.29.1, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Lasalle Partners Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent (in its capacity as Agent or as Collateral Agent) to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof hereof, including without limitation any Collateral held under the Collateral Documents which is permitted to be sold under the terms of this Agreement, or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Tecumseh Products Co)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent and the Collateral Agent to execute and deliver to the Borrower Credit Parties on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document Document, including releases required pursuant to sales of Collateral permitted under Section 8.14, or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Assignment Agreement (Clayton Williams Energy Inc /De)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent and the Collateral Agent to execute and deliver to the Borrower Credit Parties on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document (including the Collateral Agency Agreement), including releases required pursuant to sales of Collateral permitted under Section 0 and Section 2.4 of the Collateral Agency Agreement, or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Assignment Agreement (Clayton Williams Energy Inc /De)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.29.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Department 56 Inc)

Collateral Releases. The Lenders hereby empower and authorize the Agent to execute and deliver to the Borrower on their behalf any agreements, documents or instruments as shall be necessary or appropriate to effect any releases of Collateral which shall be permitted by the terms hereof hereof, the Security Agreement or of any other Loan Document or which shall otherwise have been approved by the Required Lenders (or, if required by the terms of Section 8.2, all of the Lenders) in writing.. ARTICLE XI

Appears in 1 contract

Samples: Revolving Credit Agreement (Ziegler Companies Inc)

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