Common use of Lien Terminations Clause in Contracts

Lien Terminations. If Liens other than Permitted Liens exist, Borrower immediately shall take, execute and deliver all actions, documents and instruments necessary to release and terminate such Liens.

Appears in 8 contracts

Samples: Credit and Security Agreement (Scilex Holding Co), Credit and Security Agreement (Vickers Vantage Corp. I), Credit and Security Agreement (Hooper Holmes Inc)

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Lien Terminations. If Liens other than Permitted Liens exist, the applicable Borrower immediately shall take, execute and deliver all actions, documents and instruments necessary to release and terminate such Liens.

Appears in 2 contracts

Samples: Credit and Security Agreement (ALKALINE WATER Co INC), Credit and Security Agreement (TRANS LUX Corp)

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Lien Terminations. If Liens other than Permitted Liens exist, Borrower Borrowers immediately shall take, execute and deliver all actions, documents and instruments necessary to release and terminate such Liens.

Appears in 2 contracts

Samples: Credit and Security Agreement (Fuse Medical, Inc.), Credit and Security Agreement (Interpace Diagnostics Group, Inc.)

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