Common use of Continuing Security Interest; Termination Clause in Contracts

Continuing Security Interest; Termination. This Agreement shall create a continuing security interest in the Collateral (subject to the provisions of Section 2(iv)) and shall (a) remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid in full in cash, the commitments or other obligations of the Agent or any Lender to make any Loan under the Credit Agreement shall have expired and the Letters of Credit shall have expired, (b) be binding upon Pledgor, its successors and assigns, and (c) inure to the benefit of the Agent, the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c) and subject to the provisions of the Credit Agreement, any Lender may assign or otherwise transfer any Note held by it to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon the indefeasible payment in full in cash of the Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) and the cancellation or expiration of the Letters of Credit and termination or expiration of all commitments and other obligations of the Agent and any Lender to make any Loan, Pledgor shall be entitled, subject to the provisions of Section 12 hereof, to the return, upon its request and at its expense, of such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof.

Continuing Security Interest; Termination. (a) This Escrow Agreement shall create a continuing security interest in and to the Collateral (subject to the provisions of Section 2(iv)) and shall (a) shall, unless otherwise provided in this Escrow Agreement, remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid payment in full in cash, the commitments or other obligations cash of the Agent or any Lender to make any Loan under the Credit Obligations. This Escrow Agreement shall have expired and the Letters of Credit shall have expired, (b) be binding upon the Pledgor, its transferees, successors and assigns, and (c) inure shall inure, together with the rights and remedies of the Trustee hereunder, to the benefit of the AgentTrustee, the Lenders Holders of the Notes and their respective successors, transferees and assigns. Without limiting . (b) So long as no Event of Default shall have occurred and be continuing, this Escrow Agreement (other than Pledgor's obligations under Sections 13 and 15) shall terminate upon the generality of the foregoing clause (c) and subject to the provisions of the Credit Agreement, any Lender may assign or otherwise transfer any Note held by it to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon the indefeasible payment in full in cash of the Secured Obligations (other than Secured Obligations in Obligations. At such time, the nature of continuing indemnities or expense reimbursement obligations not yet due Trustee shall, pursuant to an Issuer Order, reassign and payable) and the cancellation or expiration of the Letters of Credit and termination or expiration of all commitments and other obligations of the Agent and any Lender to make any Loan, Pledgor shall be entitled, subject redeliver to the provisions of Section 12 hereof, to the return, upon its request and at its expense, of such Pledgor all of the Collateral as shall hereunder that has not have been sold sold, disposed of, retained or otherwise applied pursuant by the Trustee in accordance with the terms of this Escrow Agreement and the Indenture and take all actions requested by the Pledgor that are necessary to release the security interest created by this Escrow Agreement in and to the terms hereofCollateral, including the execution and delivery of all termination statements necessary to terminate any financing or continuation statements filed with respect to the Collateral. Such reassignment and redelivery shall be without warranty by or recourse to the Trustee in its capacity as such and shall be at the reasonable expense of the Pledgor.

Continuing Security Interest; Termination. This Agreement shall create a continuing security interest in the Collateral (subject to the provisions of Section 2(iv)) and shall (a) remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid in full in cash, and the cancellation or expiration of the Letters of Credit and termination or expiration of all commitments or and other obligations of the Agent or and any Lender to make any Loan under the Credit Agreement shall have expired and the Letters of Credit shall have expired, (b) be binding upon Pledgor, its successors and assigns, and (c) inure to the benefit occurrence of the AgentFacility Termination Date, the Lenders and their respective successorsPledgor shall be entitled, transferees and assigns. Without limiting the generality of the foregoing clause (c) and subject to the provisions of Section 11 hereof, to the Credit Agreementreturn, any Lender may assign upon its request and at its expense, of such of the Collateral as shall not have been sold or otherwise transfer any Note held by it applied pursuant to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwiseterms hereof. Upon the indefeasible payment in full in cash of the Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) and the cancellation or expiration of the all Letters of Credit and termination or expiration of all commitments and other obligations of the Agent Issuing Bank to issue any Letters of Credit and any Lender to make any Loanthe occurrence of the Facility Termination Date, Pledgor shall be entitled, subject to the provisions of Section 12 hereof, to the return, upon its request and at its expense, of such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof.

Continuing Security Interest; Termination. This Agreement shall ----------------------------------------- create a continuing security interest in the Collateral (subject to the provisions of Section 2(iv)) and shall (a) remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid in full in cash, the commitments or other obligations of the Agent or any Lender to make any Loan under the Credit Agreement shall have expired and expired, the Letters of Credit shall have expiredexpired and the Facility Termination Date shall have occurred, (b) be binding upon Pledgor, its successors and assigns, and (c) inure to the benefit of the Agent, the Lenders Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c) and subject to the provisions of the Credit Agreement, any Lender may assign or otherwise transfer any Note held by it to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon the indefeasible payment in full in cash of the Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) ), and the cancellation or expiration of the Letters of Credit and termination or expiration of all commitments and other obligations of the Agent and any Lender to make any LoanLoan and the occurrence of the Facility Termination Date, Pledgor shall be entitled, subject to the provisions of Section 12 11 hereof, to the return, upon its request ---------- and at its expense, of such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof.

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral (subject to the provisions of Section 2(iv)) and shall (a) shall, unless otherwise provided in this Pledge Agreement, remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid payment in full in cash, the commitments or other obligations cash of the Agent or any Lender to make any Loan under the Credit Secured Obligations. This Pledge Agreement shall have expired and the Letters of Credit shall have expired, (b) be binding upon the Pledgor, its transferees, successors and assigns, and (c) inure shall inure, together with the rights and 16 remedies of the Trustee hereunder, to the benefit of the AgentTrustee, the Lenders Holders of the Notes and their respective successors, transferees and assigns. Without limiting . (b) So long as no Event of Default shall have occurred and be continuing, this Pledge Agreement (other than Pledgor's obligations under Sections 11 and 13) shall terminate upon the generality earlier of (i) the foregoing clause (c) and subject to the provisions of the Credit Agreement, any Lender may assign or otherwise transfer any Note held by it to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon the indefeasible payment in full in cash of the Secured Obligations and (other than Secured Obligations ii) the payment in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) and the cancellation or expiration full in cash of the Letters of Credit and termination or expiration of first six scheduled interest payments on all commitments and other obligations of the Agent Notes. At such time, the Trustee shall, pursuant to an Issuer Order, reassign and any Lender to make any Loan, Pledgor shall be entitled, subject redeliver to the provisions of Section 12 hereof, to the return, upon its request and at its expense, of such Pledgor all of the Collateral as shall hereunder that has not have been sold sold, disposed of, retained or otherwise applied pursuant by the Trustee in accordance with the terms of this Pledge Agreement and the Indenture and take all actions that are necessary to release the security interest created by this Pledge Agreement in and to the terms hereofCollateral, including the execution and delivery of all termination statements necessary to terminate any financing or continuation statements filed with respect to the Collateral. Such reassignment and redelivery shall be without warranty by or recourse to the Trustee in its capacity as such, except as to the absence of any Liens on the Collateral created by or arising through the Trustee, and shall be at the reasonable expense of the Pledgor.

Continuing Security Interest; Termination. This Agreement shall create a continuing security interest in the Collateral (subject to the provisions of Section 2(iv)) and shall (a) remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid in full in cash, the commitments or other obligations of the Agent or any Lender to make any Loan under the Credit Agreement shall have expired and the Letters of Credit shall have expired, (b) be binding upon Pledgor, its successors and assigns, and (c) inure to the benefit of the Agent, the Lenders and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c) and subject to the provisions of the Credit Agreement, any Lender may assign or otherwise transfer any Note held by it to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon the indefeasible payment in full in cash of the Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) and the cancellation or expiration of the Letters of Credit and termination or expiration of all commitments and other obligations of the Agent and any Lender to make any Loan, Pledgor shall be entitled, subject to the provisions of Section SECTION 12 hereof, to the return, upon its request and at its expense, of such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof.

Continuing Security Interest; Termination. (a) This Pledge Agreement shall create a continuing security interest in and to the Collateral (subject to the provisions of Section 2(iv)) and shall (a) shall, unless otherwise provided in this Pledge Agreement, remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid payment in full in cash, the commitments or other obligations cash of the Agent or any Lender to make any Loan under the Credit Secured Obligations. This Pledge Agreement shall have expired and the Letters of Credit shall have expired, (b) be binding upon the Pledgor, its transferees, successors and assigns, and (c) inure shall inure, together with the rights and remedies of the Trustee hereunder, to the benefit of the AgentTrustee, the Lenders Holders of the Notes and their respective successors, transferees and assigns. Without limiting . (b) So long as no Event of Default shall have occurred and be continuing, this Pledge Agreement (other than Pledgor's obligations under Sections 11 and 13) shall terminate upon the generality earlier of (i) the foregoing clause (c) and subject to the provisions of the Credit Agreement, any Lender may assign or otherwise transfer any Note held by it to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon the indefeasible payment in full in cash of the Secured Obligations and (other than Secured Obligations ii) the payment in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) and the cancellation or expiration full in cash of the Letters of Credit and termination or expiration of first six scheduled interest payments on all commitments and other obligations of the Agent Notes. At such time, the Trustee shall, pursuant to an Issuer Order, reassign and any Lender to make any Loan, Pledgor shall be entitled, subject redeliver to the provisions of Section 12 hereof, to the return, upon its request and at its expense, of such Pledgor all of the Collateral as shall hereunder that has not have been sold sold, disposed of, retained or otherwise applied pursuant by the Trustee in accordance with the terms of this Pledge Agreement and the Indenture and take all actions that are necessary to release the security interest created by this Pledge Agreement in and to the terms hereofCollateral, including the execution and delivery of all termination statements necessary to terminate any financing or continuation statements filed with respect to the Collateral. Such reassignment and redelivery shall be without warranty by or recourse to the Trustee in its capacity as such, except as to the absence of any Liens on the Collateral created by or arising through the Trustee, and shall be at the expense of the Pledgor.

Continuing Security Interest; Termination. This Agreement shall create a continuing security interest in the Collateral (subject to the provisions of Section 2(iv)) and shall (a) remain in full force and effect until all Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) shall have been indefeasibly paid in full in cash, the commitments or other obligations of the Agent or any Lender to make any Loan under the Credit Agreement shall have expired and expired, the Letters of Credit shall have expiredexpired and the Revolving Credit Termination Date shall have occurred, (b) be binding upon Pledgoreach of the Pledgors, its successors and assigns, and (c) inure to the benefit of the Agent, the Lenders Secured Parties and their respective successors, transferees and assigns. Without limiting the generality of the foregoing clause (c) and subject to the provisions of the Credit Agreement, any Lender may assign or otherwise transfer any Note held by it to any other person or entity, and such other person or entity shall thereupon become vested with all the benefits in respect thereof granted to such Lender herein or otherwise. Upon the indefeasible payment in full in cash of the Secured Obligations (other than Secured Obligations in the nature of continuing indemnities or expense reimbursement obligations not yet due and payable) ), and the cancellation or expiration of the Letters of Credit and termination or expiration of all commitments and other obligations of the Agent and any Lender to make any LoanLoan and the occurrence of the Revolving Credit Termination Date, Pledgor Pledgors shall be entitled, subject to the provisions of Section 12 hereof, to the return, upon its request and at its expense, of such of the Collateral as shall not have been sold or otherwise applied pursuant to the terms hereof.