Common use of Partial Release Clause in Contracts

Partial Release. Notwithstanding anything contained herein to the contrary, the Grantors are authorized to release any Collateral that is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of in compliance with Sections 9.02(g), 9.06, 9.08 and 9.11 of the Credit Agreement, at which point the liens and security interests shall terminate with respect to such Collateral and this Agreement shall have no further force or effect with respect to such released Collateral; provided that so long as the lien in favor of the Administrative Agent continues in the proceeds of such sale, lease, assignment, exchange, conveyance, transfer or other disposal of such Collateral, or to the extent such Collateral is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of to the Borrower or any Guarantor, such lien continues in such Collateral.

Partial Release. Notwithstanding anything contained herein to the contrary, the Grantors Pledgors are authorized to release any Collateral that is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of in compliance with Sections 9.02(g)10.08, 9.06, 9.08 10.11 and 9.11 10.14 of the Credit Agreement, Agreement at which point the liens and security interests shall terminate with respect to such Collateral and this Agreement shall have no further force or effect with respect to such released Collateral; provided that so long as the lien in favor of the US Administrative Agent continues in the proceeds of such sale, lease, assignment, exchange, conveyance, transfer or other disposal of such Collateral, or to the extent such Collateral is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of to the any Borrower or any Subsidiary Guarantor, such lien continues in such Collateral.

Partial Release. Notwithstanding anything contained herein to the contrary, the Grantors are authorized to release any Collateral that is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of in compliance with Sections 9.02(g), 9.06, 9.08 and 9.11 of the Credit Agreement, Agreement at which point the liens and security interests shall terminate with respect to such Collateral and this Agreement shall have no further force or effect with respect to such released Collateral; provided that so long as the lien in favor of the Administrative Agent continues in the proceeds of such sale, lease, assignment, exchange, conveyance, transfer or other disposal of such Collateral, or to the extent such Collateral is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of to the Borrower or any Subsidiary Guarantor, such lien continues in such Collateral.

Partial Release. Notwithstanding anything contained herein to the contrary, the Grantors are authorized to release any Collateral that is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of in compliance with Sections 9.02(g)10.08, 9.06, 9.08 10.11 and 9.11 10.14 of the Credit Agreement, Agreement at which point the liens and security interests shall terminate with respect to such Collateral and this Agreement shall have no further force or effect with respect to such released Collateral; provided that so long as the lien in favor of the US Administrative Agent continues in the proceeds of such sale, lease, assignment, exchange, conveyance, transfer or other disposal of such Collateral, or to the extent such Collateral is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of to the any Borrower or any Subsidiary Guarantor, such lien continues in such Collateral.

Partial Release. Notwithstanding anything contained herein to the contrary, the Grantors Pledgors are authorized to release any Collateral that is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of in compliance with Sections 9.02(g), 9.06, 9.08 and 9.11 of the Credit Agreement, at which point the liens and security interests shall terminate with respect to such Collateral and this Agreement shall have no further force or effect with respect to such released Collateral; provided that so long as the lien in favor of the Administrative Agent continues in the proceeds of such sale, lease, assignment, exchange, conveyance, transfer or other disposal of such Collateral, or to the extent such Collateral is sold, leased, assigned, exchanged, conveyed, transferred or otherwise disposed of to the Borrower or any Guarantor, such lien continues in such Collateral.