Common use of Consent and Release Clause in Contracts

Consent and Release. (a) Each of the Lenders and the Security Agent hereby consents to the Sale of the Shares on the terms, and subject to the conditions, set forth in this Consent. (b) Each of the Lenders hereby releases, and hereby authorizes the Security Agent to execute any and all further documents necessary or desirable to evidence the release, from the lien created pursuant to the Security Agreement any and all Shares that are sold in a Sale, effective upon consummation of such Sale.