Common use of Discharge of Security Clause in Contracts

Discharge of Security. To the extent a sale, transfer or other disposition of the Secured Assets is permitted pursuant to the provisions hereof, the Lenders hereby authorize the Administrative Agent, at the cost and expense of the Borrower, to execute such discharges and other instruments which are necessary for the purposes of:

Appears in 4 contracts

Samples: Revolving Credit Facility (Gatos Silver, Inc.), Credit Agreement (Gatos Silver, Inc.), Credit Agreement (Gatos Silver, Inc.)

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Discharge of Security. 9.20 To the extent a sale, transfer sale or other disposition of the Secured Assets is permitted pursuant to the provisions hereof, the Lenders hereby authorize the Administrative Agent, at the cost and expense of the Borrower, to execute such discharges and other instruments which are necessary for the purposes of:of releasing and discharging the Security therein or for the purposes of recording the provisions or effect thereof in any office where the Security Documents may be registered or recorded or for the purpose of more fully and effectively carrying out the provisions of this Section 9.20.

Appears in 3 contracts

Samples: Credit Agreement (Uranium Energy Corp), Credit Agreement (Uranium Energy Corp), Credit Agreement (Uranium Energy Corp)

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Discharge of Security. To the extent a sale, transfer sale or other disposition of the Secured Assets is permitted pursuant to the provisions hereof, the Lenders hereby authorize the Administrative Agent, at the cost and expense of the Borrower, to execute such discharges and other instruments which are necessary for the purposes of:of releasing and discharging the Security therein or for the purposes of recording the provisions or effect thereof in any office where the Security Documents may be registered or recorded or for the purpose of more fully and effectively carrying out the provisions of this Section 11.20.

Appears in 1 contract

Samples: Credit Agreement (Lake Shore Gold Corp)

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