Release of Charged Property. If SEOCH is satisfied that:-
Release of Charged Property. At the time of the Closing of the transactions contemplated by the Purchase Agreement, whether on the Outside Closing Date, as the same may be extended by mutual agreement of Elegance and the Company Shareholder (with the Company Shareholder abstaining from any vote of the board of directors of Elegance or any shareholder vote by the shareholders of Elegance with respect to such extension) or if Elegance is satisfied that Security or a guarantee for the Secured Obligations, in its absolute discretion, has been provided in substitution for the Charges created pursuant this Deed) then, Elegance shall promptly execute such deeds and documents and do all such acts and things as may be necessary or reasonably requested to release the Charged Property from the Charges and terminate the Guaranty Agreement. In connection therewith, Elegance, at the request of the Company, shall execute and deliver to the Company such documents and take such other actions as the Company Shareholder shall reasonably request to effect or evidence such release
Release of Charged Property. If the Security Trustee is satisfied that:-
Release of Charged Property. If, in accordance with the Intercreditor Agreement, the Security Agent is satisfied that:
Release of Charged Property. 3.1 On Payment and Discharge of Secured Obligations Upon the irrevocable and unconditional payment and discharge of all the Secured Obligations in full to the satisfaction of the Bond Trustee, the Bond Trustee will, at the written request and cost of the Guarantor, release, reassign or discharge the Charged Property to, or to the order of, the Guarantor.
Release of Charged Property. If all Secured Obligations have been paid in cash or otherwise discharged in full then, subject to Clause 6.2 and Clause 9.2, the Chargee shall at the request and cost of the Chargor execute such deeds and do all such acts and things as may be necessary to release the Charged property from the Charge.
Release of Charged Property. If, in accordance with the KEL Intercreditor Agreement (or, if the KEL Intercreditor Agreement is not in force and effect, the RCF Agreement), the Security and Intercreditor Agent is satisfied that:
Release of Charged Property. 5.1 Upon proof being given to the satisfaction of the Trustee of the irrevocable and unconditional payment or discharge by the Issuer of all the Issuer Obligations, the Trustee shall, at the request and cost of the Issuer, release, reassign or discharge the Charged Property to, or to the order of, the Issuer.
Release of Charged Property. The Security Trustee will be under no obligation to grant a release of the Charged Property from the Charge unless at the time release is to be provided, none of the Secured Money is owing (whether actually, contingently or prospectively), none of the Obligations remain to be performed and it is not reasonably foreseeable that there could be any such money owing or Obligations to be performed at a future time.
Release of Charged Property. If all Secured Liabilities have been paid or discharged in full and the Loan Facility Agreement has been terminated, the Lender shall at the request and cost of the Chargor execute such deeds and do all such acts and things as may be necessary to release the Charged Property from the Charge.
