RELEASE AND REASSIGNMENT. Immediately after the Assignor has finally paid and satisfied to the Thai Lenders, the Trustees and the Debenture Trustee in full the Obligations, the Collateral Agent shall, at the request and cost of the Assignor, promptly reassign, without warranty, to the Assignor the rights, assigned to it hereunder or such part of it as then remains assigned in favour of the Collateral Agent and/or release the encumbrances created pursuant hereto, provided that any release, settlement, discharge or termination of this Agreement and/or any such reassignment shall, unless otherwise agreed in writing by the Thai Lenders, Trustees or, as the case may be, the Debenture Trustee (in connection with its second priority lien), be upon the express condition that such release, settlement, discharge, termination and/or reassignment shall become void and of no effect and Clause 5.3 shall apply if any security or payment on the faith of which such release, settlement, discharge, termination and/or reassignment is given or made shall at any time thereafter be nullified or subject to an order or judgment described in Clause 5.3.
RELEASE AND REASSIGNMENT. (a) Any receivables assigned under any Swiss Collateral Document and not foreclosed pursuant to the terms of the applicable Swiss Collateral Document shall be released by the Agent from the respective assignment and reassigned by the Agent to the respective Assignor (as defined in the respective Swiss Collateral Document) at the sole cost, expense and risk of the Loan Parties, if and when (i) all Secured Obligations (as defined in the respective Swiss Collateral Document) have been paid in full or (ii) such release is otherwise expressly required under the Facility Agreement.
RELEASE AND REASSIGNMENT. (a) The Security Agent irrevocably and unconditionally releases and discharges all Security Interests created by the Chargor under the Security Assignment.
RELEASE AND REASSIGNMENT. APC shall release and reassign all of its specific rights in the Policy transferred by this Assignment upon payment of the amounts required in the Agreement, without unreasonable delay.
RELEASE AND REASSIGNMENT. 11.1 The Security constituted by this Agreement and the effect of this Agreement shall be released, re-assigned and cancelled (to the extent applicable):
RELEASE AND REASSIGNMENT. Subject to paragraph (e) of Clause 7 (Provisions relating to Transaction Security) and provided that, at the time of the request, no Enforcement Event has occurred, promptly after the Discharge Date, the Collateral Agent shall, at the request and cost of the Parent:
RELEASE AND REASSIGNMENT. Immediately after the Company and the Issuers have finally paid and satisfied to a Secured Creditor in full any of the Secured Indebtedness, the Collateral Agent shall, at the cost of the Company, release and reassign to the remaining Secured Creditors and the Secured Creditors' Representatives, the Collateral so released, unless all Secured Indebtedness under the terms of this Agreement have been fully discharged, in which event the Collateral Agent shall, at the request and cost of the Company, promptly release and reassign, without warranty, to the Company the rights, title and interest assigned to it under this Agreement or such part of it as then remains assigned in favor of the respective Secured Creditor and/or release the related encumbrances created pursuant hereto, provided that any release, settlement, discharge or termination of this Agreement and/or any such reassignment shall, unless otherwise agreed in writing by the Thai Lenders or the Trustees as the case may be, be made upo the express condition that such release, settlement, discharge, termination and/or reassignment shall become void and of no effect if any security or payment on the faith of which such release, settlement, discharge, termination and/or reassignment is given or made shall at any time thereafter be nullified or subject to an order or judgment. Prior to executing any release or reassignment pursuant to this Section, the Collateral Agent shall receive a certificate from the applicable Secured Creditor stating that all Secured Indebtedness owing to such Secured Creditor has been paid in full. Any release and reassignment delivered pursuant to this Section shall be prepared by the Company. To the extent that any Collateral is sold or otherwise transferred and such sale or other transfer does not constitute a default or event of default under the Bank Credit Facility, the Indentures, the Security Documents, the Notes or the Debentures, such Collateral shall be sold or otherwise transferred free and clear of the lien of the Security Documents and the Collateral Agent shall be and hereby is authorized to take any actions deemed appropriate in order to effect the foregoing.
RELEASE AND REASSIGNMENT nation and/or reassignment is given or made shall at any time thereafter be nullified or subject to an order or judgment described in Clause 5.3.
RELEASE AND REASSIGNMENT. 24.1 Subject always to the provisions of Clause 28, as soon as reasonable practicable after the discharge of the Obligations (including provision for such contingent liabilities as may reasonable be foreseen by the Lender in such manner and of such amounts as may be determined in writing by the lender in its absolute discretion), but subject to the rights of any other person which have arisen as a result of the exercise by the Lender of any of its powers hereunder and the rights of any third party, the Lender shall at the request and at the cost and expense of the Borrower take all steps that may be necessary to reassign, discharge and release the Undertaking to the Borrower or as it may direct.
RELEASE AND REASSIGNMENT. With effect on and from (and subject to the occurrence of) the Effective Date, the Creditor Parties release:
