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 by any Grantor in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices), the Administrative Agent and Infogrames U.S. will, at such Grantor's expense, execute and deliver to such Grantor such documents as such Grantor shall request to evidence the release of such item of Collateral from the assignment and security interests granted hereby. (b) This Agreement shall remain in effect from the date hereof through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is terminated and upon such date the Security Interests granted hereby shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination, (i) the Administrative Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors the Collateral held by it hereunder, all instruments of assignment executed in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. or any of their respective agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors shall request to evidence such termination in each such case at the expense of the Grantors.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor permitted in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices)Documents, the Administrative Agent and Infogrames U.S. will, at such Grantorthe Pledgor's expense, execute and deliver to such Grantor the Pledgor such documents as such Grantor the Pledgor shall reasonably request to evidence the release of such item of Collateral from the assignment and security interests interest granted hereby. (b) This Pledge Agreement shall remain in effect from the date hereof Closing Date through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is Commitments terminated and upon such date the Security Interests security interest granted hereby shall terminate and all rights to the Collateral shall revert to the GrantorsPledgor. Upon any such termination, (i) the Administrative Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors Pledgor the Collateral held pledged by it hereunder, all instruments of assignment executed in connection therewith, and all stock certificates or other certificates or instruments held by the Administrative Agent in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. Agent or any of their respective its agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, Agent and the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors Pledgor such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors Pledgor shall reasonably request to evidence such termination in each such case at the cost and expense of the GrantorsPledgor.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor permitted in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices)Documents, the Administrative Agent and Infogrames U.S. will, at such Grantorthe relevant Pledgor's expense, execute and deliver to such Grantor Pledgor such documents as such Grantor Pledgor shall reasonably request to evidence the release of such item of Collateral from the assignment and security interests interest granted hereby. (b) This Pledge Agreement shall remain in effect from the date hereof Closing Date through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is terminated and upon such date the Security Interests security interest granted hereby shall terminate and all rights to the Collateral shall revert to the GrantorsPledgors. Upon any such termination, (i) the Administrative Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors appropriate Pledgors the Collateral held by it pledged hereunder, all instruments of assignment executed in connection therewith, and all stock certificates or other certificates or instruments held by the Administrative Agent in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. Agent or any of their respective its agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, Agent and the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors appropriate Pledgors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors such Pledgors shall reasonably request to evidence such termination in each such case at the cost and expense of the Grantorssuch Pledgors.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor Assignor in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices), the Administrative Collateral Agent and Infogrames U.S. will, at such GrantorAssignor's expense, execute and deliver to such Grantor Assignor such documents as such Grantor Assignor shall request to evidence the release of such item of Collateral from the assignment and security interests interest granted hereby. (b) This Agreement shall remain in effect from the date hereof Closing Date through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is Commitments terminated and upon such date the Security Interests Interest granted hereby shall terminate and all rights to the Collateral shall revert to the GrantorsAssignors. Upon any such termination, (i) the Administrative Collateral Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors Assignors the Collateral held by it hereunder, all instruments of assignment executed in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. Collateral Agent or any of their respective its agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, Agents and the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors Assignors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors Assignors shall request to evidence such termination in each such case at the expense of the Grantors.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor permitted in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices)Documents, the Administrative Agent and Infogrames U.S. will, at such Grantorthe relevant Pledgor's expense, execute and deliver to such Grantor Pledgor such documents as such Grantor Pledgor shall reasonably request to evidence the release of such item of Collateral from the assignment and security interests interest granted hereby. (b) This Pledge Agreement shall remain in effect from the date hereof through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is terminated and upon such date the Security Interests security interest granted hereby shall terminate and all rights to the Collateral shall revert to the GrantorsPledgors. Upon any such termination, (i) the Administrative Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors appropriate Pledgors the Collateral held by it pledged hereunder, all instruments of assignment executed in connection therewith, and all stock certificates or other certificates or instruments held by the Administrative Agent or Infogrames U.S. in connection therewith, together with all 22 22 monies held by the Administrative Agent, Infogrames U.S. or any of their respective agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors appropriate Pledgors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors such Pledgors shall reasonably request to evidence such termination in each such case at the cost and expense of the Grantorssuch Pledgors.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices), the Administrative Agent and Infogrames U.S. will, at such Grantor's expense, execute and deliver to such Grantor such documents as such Grantor shall request to evidence the release of such item of Collateral from the assignment and security interests interest granted hereby. (b) This Agreement shall remain in effect from the date hereof First Amendment Effective Date through and including the date upon which all Secured Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is Commitments terminated and upon such date the Security Interests Interest granted hereby shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination, (i) the Administrative Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors the Collateral held by it hereunder, all instruments of assignment executed in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. Agent or any of their respective its agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, Agent and the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors shall request to evidence such termination in each such case at the expense of the Grantors.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor Assignor in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices), the Administrative Collateral Agent and Infogrames U.S. will, at such GrantorAssignor's expense, execute and deliver to such Grantor Assignor such documents as such Grantor Assignor shall request to evidence the release of such item of Collateral from the assignment and security interests interest granted hereby. (b) This Security Agreement shall remain in effect from the date hereof Closing Date through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is Commitments terminated and upon such date the Security Interests Interest granted hereby shall terminate and all rights to the Collateral shall revert to the GrantorsAssignors. Upon any such termination, (i) the Administrative Collateral Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors Assignors the Collateral held by it hereunder, all instruments of assignment executed in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. Collateral Agent or any of their respective its agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, Agents and the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors Assignors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors Assignors shall request to evidence such termination in each such case at the expense of the Grantors.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor permitted in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices)Documents, the Administrative Agent and Infogrames U.S. will, at such Grantorthe relevant Pledgor's expense, execute and deliver to such Grantor Pledgor such documents as such Grantor Pledgor shall reasonably request to evidence the release of such item of Collateral from the assignment and security interests interest granted hereby. (b) This Pledge Agreement shall remain in effect from the date hereof through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is terminated and upon such date the Security Interests security interest granted hereby shall terminate and all rights to the Collateral shall revert to the GrantorsPledgors. Upon any such termination, (i) the Administrative Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors appropriate Pledgors the Collateral held by it pledged hereunder, all instruments of assignment executed in connection therewith, and all stock certificates or other certificates or instruments held by the Administrative Agent or Infogrames U.S. in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. or any of their respective agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors appropriate Pledgors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors such Pledgors shall reasonably request to evidence such termination in each such case at the cost and expense of the Grantorssuch Pledgors.

Release and Termination. (a) Upon any sale, lease, transfer or other disposition of any item of Collateral by any Grantor in accordance with the terms of the Loan Documents (other than sales of Collateral in the ordinary course of business consistent with past practices), the Administrative Agent and Infogrames U.S. will, at such Grantor's expense, execute and deliver to such Grantor such documents as such Grantor shall request to evidence the release of such item of Collateral from the assignment and security interests granted hereby. (b) This Agreement shall remain in effect from the date hereof Closing Date through and including the date upon which all Obligations shall have been indefeasibly and irrevocably paid and satisfied in full and the Aggregate Commitment is terminated and upon such date the Security Interests granted hereby shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination, (i) the Administrative Agent and Infogrames U.S. shall promptly assign, release, transfer and deliver to the Grantors the Collateral held by it hereunder, all instruments of assignment executed in connection therewith, together with all monies held by the Administrative Agent, Infogrames U.S. Agent or any of their respective its agents hereunder, free and clear of the Liens hereof and (ii) the Administrative Agent, Agent and the Lenders and Infogrames U.S. will promptly execute and deliver to the Grantors such documents and instruments (including but not limited to appropriate UCC termination statements) as the Grantors shall request to evidence such termination in each such case at the expense of the Grantors.