No Lien Termination without Release. In recognition of Lender's right to have all its attorneys' fees and other expenses incurred in connection with this Agreement secured by the Collateral, notwithstanding payment in full of all Obligations by Borrower, Lender shall not be required to record any terminations or satisfactions of any of its liens on the Collateral unless and until Borrower and all Guarantors have executed and delivered to Lender general releases which conform to California Civil Code ss. 1541-2.
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Samples: Loan and Security Agreement (Scottsdale Scientific Inc), Loan and Security Agreement (Telenetics Corp)
No Lien Termination without Release. In recognition of Lender's right to have all its attorneys' fees and other expenses incurred in connection with this Agreement secured by the Collateral, notwithstanding payment in full of all Obligations by Borrower, Lender shall not be required to record any terminations or satisfactions of any of its liens on the Collateral unless and until Borrower and all Guarantors have executed and delivered to Lender general releases which conform to California Civil Code ss. Sections 1541-2.
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No Lien Termination without Release. In recognition of Lender's right to have all its attorneys' fees and other expenses incurred in connection with this Agreement secured by the Collateral, notwithstanding payment in full of all Obligations by BorrowerBorrowers, Lender shall not be required to record any terminations or satisfactions of any of its liens on the Collateral unless and until Borrower Borrowers and all Guarantors have executed and delivered to Lender general releases which conform to California Civil Code ss. Section 1541-2.
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No Lien Termination without Release. In recognition of Lender's right to have all its attorneys' fees and other expenses incurred in connection with this Agreement secured by the Collateral, notwithstanding payment in full of all Obligations by Borrower, Lender shall not be required to record any terminations or satisfactions of any of its liens on the Collateral unless and until Borrower and all Guarantors have executed and delivered to Lender general releases which conform to California Civil Code ss. '1541-2.
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Samples: Loan Agreement (Photoloft Com)
No Lien Termination without Release. In recognition of Lender's right to have all its attorneys' fees and other expenses incurred in connection with this Agreement secured by the Collateral, notwithstanding payment in full of all Obligations by Borrower, Lender shall not be required to record any terminations or satisfactions of any of its liens on the Collateral unless and until Borrower and all Guarantors have executed and delivered to Lender general releases which conform to California Civil Code ss. Section 1541-2.
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