Common use of Release and Termination Clause in Contracts

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral in accordance with the terms of the Indenture, the Security Trustee will, at the Issuer's expense, execute and deliver to the Grantor of such item of Collateral such documents as such Grantor shall reasonably request and provide to the Security Trustee to evidence the release of such item of Collateral from the assignment and security interest granted hereby. (b) Except as otherwise provided in Section 9.06(c), upon the payment in full in cash of the Secured Obligations, the pledge, assignment and security interest granted hereby shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination, the Security Trustee will, at the Issuer's expense, execute and deliver to each relevant Grantor such documents as such Grantor shall prepare and reasonably request to evidence such termination. (c) If at any time all Notes have been defeased pursuant to Article XI of the Indenture, the pledge, assignment and security interest in the Pledged Stock shall be released and the certificates or other instruments representing or evidencing any of the Collateral held by the Security Trustee shall be returned to the Issuer and the Security Trustee shall, at the expense of the Issuer, execute and deliver to the Issuer such documents as the Issuer shall prepare and reasonably request to evidence such termination.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral in accordance with the terms of the Indenture, the Security Trustee will, at the Issuer's expense, execute and deliver to the Grantor of such item of Collateral such documents as such Grantor shall reasonably request and provide to the Security Trustee to evidence the release of such item of Collateral from the assignment and security interest granted hereby. (b) Except as otherwise provided in Section 9.06(c10.06(c), upon the payment in full in cash of the Secured Obligations, the pledge, assignment and security interest granted hereby shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination, the Security Trustee will, at the Issuer's expense, execute and deliver to each relevant Grantor such documents as such Grantor shall prepare and reasonably request to evidence such termination. (c) If at any time all Notes have been defeased pursuant to Article XI of the Indenture, the pledge, assignment and security interest in the Pledged Stock shall be released and the certificates or other instruments representing or evidencing any of the Collateral held by the Security Trustee Pledged Stock shall be returned to the Issuer and the Security Trustee shall, at the expense of the Issuer, execute and deliver to the Issuer such documents as the Issuer shall prepare and reasonably request to evidence such termination.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral in accordance with the terms of the Indenture, the Security Trustee will, at the Issuer's expense, execute and deliver to the Grantor of such item of Collateral such documents as such Grantor shall reasonably request and provide to the Security Trustee to evidence the release of such item of Collateral from the assignment and security interest granted hereby. (b) Except as otherwise provided in Section 9.06(c10.06(c), upon the payment in full in cash of the Secured ObligationsObligations with respect to such Grantor, the pledge, assignment and security interest granted hereby by such Grantor shall terminate and all rights to the Collateral granted by such Grantor shall revert to the Grantorssuch Grantor. Upon any such termination, the Security Trustee will, at the Issuer's expense, execute and deliver to each relevant such Grantor such documents as such Grantor shall prepare and reasonably request to evidence such termination. (c) If at any time all Notes have been defeased pursuant to Article XI of the Indenture, the pledge, assignment and security interest in the Pledged Stock pledged by the Issuer shall be released and the certificates or other instruments representing or evidencing any of the Collateral held by the Security Trustee such Pledged Stock shall be returned to the Issuer relevant Grantor and the Security Trustee shall, at the expense of the Issuer, execute and deliver to the Issuer such documents as the Issuer shall prepare and reasonably request to evidence such termination.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral in accordance with the terms of the Indenture, the Security Trustee will, at the Issuer's ’s expense, execute and deliver to the Grantor of such item of Collateral such documents as such Grantor shall reasonably request and provide to the Security Trustee to evidence the release of such item of Collateral from the assignment and security interest granted hereby. (b) Except as otherwise provided in Section 9.06(c), upon the payment in full in cash of the Secured Obligations, the pledge, assignment and security interest granted hereby shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination, the Security Trustee will, at the Issuer's ’s expense, execute and deliver to each relevant Grantor such documents as such Grantor shall prepare and reasonably request to evidence such termination. (c) If at any time all Notes have been defeased pursuant to Article XI of the Indenture, the pledge, assignment and security interest in the Pledged Stock Shares and the Pledged Beneficial Interests shall be released and the certificates or other instruments representing or evidencing any of the Collateral held by the Security Trustee shall be returned to the Issuer and the Security Trustee shall, at the expense of the Issuer, execute and deliver to the Issuer such documents as the Issuer shall prepare and reasonably request to evidence such termination.

Release and Termination. (a) Upon any sale, lease, transfer re-lease, transfer, release or other disposition of any item of Collateral or the Security Trustee’s security interest therein in accordance with the terms of the IndentureRelated Documents, the Security Trustee will, at the Issuer's WEST’s expense, execute and deliver to the Grantor of such item of Collateral such documents as such Grantor shall reasonably request in writing and provide to the Security Trustee to evidence the release of such item of Collateral from the assignment and security interest granted hereby. (b) Except as otherwise provided in Section 9.06(c10.06(c), upon the payment in full in cash of the Secured Obligations, the pledge, assignment and security interest granted hereby shall terminate and all rights to the Collateral shall revert to the GrantorsGrantors and all Collateral held by the Security Trustee shall be returned to WEST. Upon any such termination, the Security Trustee will, at the Issuer's WEST’s expense, execute and deliver to each relevant Grantor such documents as such Grantor shall prepare and reasonably request in writing to evidence such termination. (c) If at any time all Notes have been defeased pursuant to Article XI XII of the Indenture, the pledge, assignment and security interest in the Pledged Stock Collateral shall be released and the certificates or other instruments representing or evidencing any of the Collateral held by the Custodial Agent, on behalf of the Security Trustee Trustee, shall be returned to the Issuer WEST and the Security Trustee shall, at the expense of the IssuerWEST, execute and deliver to the Issuer WEST such documents as the Issuer WEST shall prepare and reasonably request in writing to evidence such termination.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral in accordance with the terms of the Indenture, the Security Trustee will, at the Issuer's ’s expense, execute and deliver to the Grantor of such item of Collateral such documents as such Grantor shall reasonably request and provide to the Security Trustee to evidence the release of such item of Collateral from the assignment and security interest granted hereby. (b) Except as otherwise provided in Section 9.06(c), upon the payment in full in cash of the Secured Obligations, the pledge, assignment and security interest granted hereby shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination, the Security Trustee will, at the Issuer's ’s expense, execute and deliver to each relevant Grantor such documents as such Grantor shall prepare and reasonably request to evidence such termination. (c) If at any time all Notes have been defeased pursuant to Article XI of the IndentureIndenture and all other amounts payable in connection therewith have been paid in full, the pledge, assignment and security interest in the Pledged Stock Shares and the Pledged Beneficial Interests shall be released and the certificates or other instruments representing or evidencing any of the Collateral held by the Security Trustee shall be returned to the Issuer and the Security Trustee shall, at the expense of the Issuer, execute and deliver to the Issuer such documents as the Issuer shall prepare and reasonably request to evidence such termination.