Common use of Collateral Releases Clause in Contracts

Collateral Releases. The Lenders hereby empower and authorize Administrative Agent to execute and deliver to 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 Requisite Lenders (or, if required by the terms of subsection 10.6, all of the Lenders) in writing.

Appears in 4 contracts

Samples: Credit Agreement (Decrane Holdings Co), Credit Agreement (Decrane Holdings Co), Credit Agreement (Audio International Inc)

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Collateral Releases. The Lenders hereby empower and authorize Administrative the Agent to execute and deliver to Company 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 Requisite Required Lenders (or, if required by the terms of subsection 10.6SECTION 8.2, all of the Lenders) in writing.

Appears in 2 contracts

Samples: Credit Agreement (State Auto Financial Corp), Credit Agreement (State Auto Financial Corp)

Collateral Releases. The Lenders hereby empower and authorize Administrative the Agent to execute and deliver to Company the Borrowers 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 Requisite Required Lenders (or, if required by the terms of subsection 10.6Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Collateral Releases. The Lenders hereby empower and authorize Administrative Agent to execute and deliver to 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 129 approved by the Requisite Lenders (or, if required by the terms of subsection 10.6, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Decrane Holdings Co)

Collateral Releases. The Lenders hereby empower and authorize the Administrative Agent to execute and deliver to Company the Borrowers 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 Requisite Required Lenders (or, if required by the terms of subsection 10.6Section 8.2, all of the Lenders) in writing.. 59 66

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

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Collateral Releases. The Lenders hereby empower and authorize Administrative the Agent to execute and deliver to Company 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 Credit Document or which shall otherwise have been approved by the Requisite Required Lenders (or, if required by the terms of subsection 10.6Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Industrial Distribution Group Inc)

Collateral Releases. The Lenders hereby empower and authorize Administrative the Agent to execute and deliver to Company the 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 Requisite Required Lenders (or, if required by the terms of subsection 10.6Section 8.2, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (International Fibercom Inc)

Collateral Releases. The Lenders hereby empower and authorize Administrative the Agent to execute and deliver to the Company and the Subsidiary Guarantors on their the Lenders' 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 Requisite Required Lenders (or, if required by the terms of subsection 10.6Section 11.4 hereof, all of the Lenders) in writing.

Appears in 1 contract

Samples: Credit Agreement (Ha Lo Industries Inc)

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