Common use of Duration of Security Interest Clause in Contracts

Duration of Security Interest. Subject to Section 5.06, Lender's ----------------------------- ------------ security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations, whereupon such security interest shall terminate. Lender, upon payment in full and the satisfaction of the Obligations, shall promptly execute such further documents and take such further actions as may be necessary to effect the release and/or termination contemplated by this Section 5.02, including duly executing and delivering ------------ termination statements for filing in all relevant jurisdictions.

Duration of Security Interest. Subject to Section 5.065.06 herein, Lender's ----------------------------- ------------ ’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations, whereupon such security interest shall terminate. Lender; provided, upon payment in full and however, that if any item of Collateral is subject to an Event of Loss, then following the satisfaction prepayment of the ObligationsLoan with respect to such item pursuant to Section 6.01(e), Lender shall promptly release its security interest in such item of Collateral. Lender shall execute such further documents and take such further actions as may be necessary to effect the release and/or termination contemplated by this Section 5.02Sections 5.02 and 5.06, including duly executing and delivering ------------ termination statements for filing in all relevant jurisdictions.

Duration of Security Interest. Subject to Section 5.06, Lender's ----------------------------- ------------ Lenders' security interest in the ----------------------------- Collateral shall continue until the payment in full and the satisfaction of all Obligations, whereupon such security interest shall terminate. LenderLenders, upon payment in full and the satisfaction of the Obligations, shall promptly execute such further documents and take such further actions as may be necessary to effect the release and/or termination contemplated by this Section 5.02, including duly ------------ executing and delivering ------------ termination statements for filing in all relevant jurisdictions.

Duration of Security Interest. Subject to Section 5.06, Lender's ----------------------------- ------------ Lenders' security interest in the ----------------------------- Collateral shall continue until the payment in full and the satisfaction of all Obligations, whereupon such security interest shall terminate. LenderLenders, upon payment in full and the satisfaction of the Obligations, shall promptly execute such further documents and take such further actions as may be necessary to effect the release and/or termination contemplated by this Section 5.02, including duly executing and delivering termination ------------ termination statements for filing in all relevant jurisdictions.

Duration of Security Interest. Subject to Section 5.06, Lender's ----------------------------- ------------ Lenders' security interest in ----------------------------- the Collateral shall continue until the payment in full and the satisfaction of all Obligations, whereupon such security interest shall terminate. LenderLenders, upon payment in full and the satisfaction of the Obligations, shall promptly execute such further documents and take such further actions as may be necessary to effect the release and/or termination contemplated by this Section 5.02, including duly ------------ executing and delivering ------------ termination statements for filing in all relevant jurisdictions.