Common use of Duration of Security Interest Clause in Contracts

Duration of Security Interest. Agent’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Agent and each of the other Lender’s commitment to fund the Loans, whereupon such security interest shall terminate. Agent shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Agent’s security interest in the Collateral shall continue until the payment in full in cash and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Agent and each of the obligations or other Lender’s commitment to fund the Loansobligations that expressly survive termination), whereupon such security interest shall terminate. terminate and Agent shall, at Borrower’s sole cost and expense, promptly execute such further documents and take such further actions as may be reasonably necessary to make effective effect the release contemplated by this Section 4.34.2, including duly authorizing executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s and Lender’s security interest in the Collateral shall continue until the indefeasible payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) Obligations, and termination of Agent and each of the other Lender’s commitment to fund the Loans, whereupon such security interest shall terminate. Collateral Agent and Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s and Lender’s security interest in the Collateral shall continue until the indefeasible payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) Obligations, and termination of Agent and each of the other Lender’s commitment to fund the Loans, whereupon such security interest shall terminate. Collateral Agent and Lender shall, at Borrower’s Co-Borrowers’ sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s and each Lender’s security interest in the Collateral shall continue until the indefeasible payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) Obligations, and termination of Agent and each of the other Lender’s commitment to fund the Loans, whereupon such security interest shall terminate. Collateral Agent and each Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s and each Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnity indemnification or reimbursement obligations) and termination of Agent and each of the other Lender’s Lenders’ commitment to fund the Loans, whereupon such security interest shall terminate. Collateral Agent and Lenders shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s and each Lenders’ security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Agent and each of the other Lender’s commitment to fund the Loans, whereupon such security interest shall terminate. Collateral Agent and each Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.34.3 as to such Lender, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s and Lender’s security interest in the Collateral shall continue until the indefeasible payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) Obligations, and termination of Agent and each of the other Lender’s commitment to fund the LoansLoan, whereupon such security interest shall terminate. Collateral Agent and Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Agent’s security interest in the Collateral shall continue until the payment in full in cash and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Agent and each of the obligations or other Lender’s commitment to fund the Loansobligations that expressly survive termination), whereupon such security interest shall terminate. terminate and Agent shall, at Borrower’s Borrowers’ sole cost and expense, promptly execute such further documents and take such further actions as may be necessary or reasonably necessary appropriate to make effective effect the release contemplated by this Section 4.34.2, including duly authorizing executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s security interest in the Collateral shall continue until the payment in full in cash and the satisfaction of all Obligations (other than inchoate indemnity obligations) and termination of Agent and each of the obligations or other Lender’s commitment to fund the Loansobligations that expressly survive termination), whereupon such security interest shall terminate. terminate and Collateral Agent shall, at Borrower’s sole cost and expense, promptly execute such further documents and take such further actions Equipment Loan and Security Agreement – Beyond Meat as may be reasonably necessary to make effective effect the release contemplated by this Section 4.34.2, including duly authorizing executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

Duration of Security Interest. Collateral Agent’s and each Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations (other than inchoate indemnity obligations) Obligations, and termination of Agent and each of the other Lender’s commitment to fund the Loans, whereupon such security interest shall terminate. Collateral Agent and each Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly authorizing and delivering termination statements for filing in all relevant jurisdictions under the Code.