Release and Acknowledgment. Prior to the execution of this Agreement, each of Bank of America, N.A. and Contrarian Financial Service Company, LLC shall have released its security interest in the tooling and equipment listed on Schedule 1(b), and each shall have acknowledged the Assignment Agreement (as defined in Section 16), substantially in the form attached as Schedule 1(d).
Appears in 4 contracts
Samples: Transition Production Agreement (Sensata Technologies Holding B.V.), Transition Production Agreement (Sensata Technologies Holding B.V.), Transition Production Agreement (Sensata Technologies Holding B.V.)
