Common use of Permitted Releases Not To Impair Lien; Trust Indenture Act Requirements Clause in Contracts

Permitted Releases Not To Impair Lien; Trust Indenture Act Requirements. The release of any Collateral from the terms hereof and of the Security Documents or the release of, in whole or in part, the Liens created by the Security Documents, will not be deemed to impair the security under this Indenture in contravention of the provisions hereof if and to the extent the Collateral or Liens are released pursuant to (x) the applicable Security Documents and the terms of this Article 11 or (y)

Appears in 4 contracts

Samples: Indenture (Momentive Specialty Chemicals Inc.), Indenture (Momentive Specialty Chemicals Inc.), Supplemental Indenture (Metals USA Plates & Shapes Southcentral, Inc.)

AutoNDA by SimpleDocs

Permitted Releases Not To Impair Lien; Trust Indenture Act Requirements. The release of any Collateral from the terms hereof and of the Security Documents or the release of, in whole or in part, the Liens created by the Security Documents, will not be deemed to impair the security under this Indenture in contravention of the provisions hereof if and to the extent the Collateral or Liens are released pursuant to (x) the applicable Security Documents and the terms of this Article 11 or (y)to:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metaldyne Corp)

Permitted Releases Not To Impair Lien; Trust Indenture Act Requirements. The release of any Collateral from the terms hereof and of the Security Documents or the release of, in whole or in part, the Liens created by the Security Documents, will not be deemed to impair the security under this Indenture in contravention of the provisions hereof if and to the extent the Collateral or Liens are released pursuant to (xa) the applicable Security Documents and the terms of this Article 11 XI or (yb)

Appears in 1 contract

Samples: US Oncology Holdings, Inc.

Permitted Releases Not To Impair Lien; Trust Indenture Act Requirements. The release of any Collateral from the terms hereof and of the Note Security Documents or the release of, in whole or in part, the Liens created by the Note Security Documents, will not be deemed to impair the security under this Indenture in contravention of the provisions hereof if and to the extent the Collateral or Liens are released pursuant to (xa) the applicable Security Documents and the terms of this Article 11 10 or (yb)

Appears in 1 contract

Samples: Indenture (Neff Finance Corp.)

AutoNDA by SimpleDocs

Permitted Releases Not To Impair Lien; Trust Indenture Act Requirements. The release of any Collateral from the terms hereof and of the Security Documents or the release of, in whole or in part, the Liens created by the Security Documents, will not be deemed to impair the security under this Indenture in contravention of the provisions hereof if and to the extent the Collateral or Liens are released pursuant to (x) the applicable Security Documents and the terms of this Article 11 or (y)provisions

Appears in 1 contract

Samples: Indenture (Hexion Specialty Chemicals, Inc.)

Permitted Releases Not To Impair Lien; Trust Indenture Act Requirements. (a) The release of any Collateral from the terms hereof and of the Security Documents or the release of, in whole or in part, the Liens created by the Security Documents, will not be deemed to impair the security under this Indenture in contravention of the provisions hereof if and to the extent the Collateral or Liens are released pursuant to (x) the applicable Security Documents and the terms of this Article 11 or (y)

Appears in 1 contract

Samples: Indenture (Global Brass & Copper Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!