Common use of Release of All or Substantially All Collateral Clause in Contracts

Release of All or Substantially All Collateral. The Collateral Agent shall not release all or substantially all Collateral from the lien and security interests created by the Collateral Documents except as expressly provided therein (including, without limitation, Section 7.11(c)(A) of the Security Agreement and Section 8.11(c)(A) of the Pledge Agreement) or in Article V hereof or except upon notice to the Collateral Agent by the representative of each Credit Class at the time comprising part of the Aggregate Voting Credit of the concurrence of such Credit Class, determined by the applicable vote solely within such class.

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement (Duane Reade Holdings Inc)

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Release of All or Substantially All Collateral. The Collateral Agent shall not release all or substantially all Collateral from the lien and security interests created by the Collateral Documents except as expressly provided therein (including, without limitation, Section 7.11(c)(A) of the Security Agreement and Section 8.11(c)(A) of the Pledge Agreement) or in Article V hereof or except upon notice to the Collateral Agent by the representative of each Credit Class at the time comprising part of the Aggregate Voting Credit of the concurrence of such Credit Class, determined by the applicable vote solely within such classCredit Class in accordance with Section 9.02(k) of the Indenture (or such other pertinent provisions of any other Finance Document).

Appears in 2 contracts

Samples: Intercreditor and Collateral Agency Agreement, Intercreditor and Collateral Agency Agreement (Am-Pac Tire Dist. Inc.)

Release of All or Substantially All Collateral. The Collateral Agent shall not release all or substantially all Collateral from the lien and security interests created by the Collateral Documents except as expressly provided therein (including, without limitation, Section 7.11(c)(A) 8.13 of the Security Agreement and Section 8.11(c)(A) of the Pledge Agreement) ), or in Article V hereof or except upon notice to the Collateral Agent by the representative of each Credit Class at the time comprising part of the Aggregate Voting Credit of the concurrence of such Credit Class, determined by the applicable vote solely within such classCredit Class in accordance with the terms of the Finance Documents.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Dominion Textile (Usa), L.L.C.)

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Release of All or Substantially All Collateral. The Collateral Agent shall not release all or substantially all Collateral from the lien and security interests created by the Collateral Documents except as expressly provided therein (including, without limitation, Section 7.11(c)(A7.11(c)(x)(A) of the Security Agreement and Section 8.11(c)(A8.11(c)(x)(A) of the Pledge Agreement) or in Article V hereof or except upon notice to the Collateral Agent by the representative of each Credit Class at the time comprising part of the Aggregate Voting Credit of the concurrence of such Credit Class, determined by the applicable vote solely within such class.

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement (Duane Reade)

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