Common use of Release of Collateral and Guarantees Clause in Contracts

Release of Collateral and Guarantees. (a) All security interests and Liens granted or created under the Security Documents shall automatically terminate when all the Obligations (other than Obligations in respect of Hedging Agreements, Cash Management Arrangements and contingent indemnities, expense reimbursement, tax gross-up and yield protection obligations to the extent no claim therefor has been made) have been paid in full and the Lenders have no further commitment to lend under this Agreement.

Release of Collateral and Guarantees. (a) All security interests and Liens granted or created under the Security Documents shall automatically terminate when all the Obligations (other than Obligations in respect of Hedging Agreements, Cash Management Arrangements contingent indemnification and contingent indemnities, expense reimbursement, tax gross-up and yield protection reimbursement obligations to the extent for which no claim therefor has been made) have been paid in full and the Lenders have no further commitment to lend under this Agreement.

Release of Collateral and Guarantees. (a) All security interests and Liens granted or created under the Security Documents shall automatically terminate when all the Loan Document Obligations (other than Obligations in respect of Hedging Agreements, Cash Management Arrangements and contingent indemnities, expense reimbursement, tax gross-up and yield protection obligations to the extent no claim therefor has been madeamounts not yet due) have been paid in full and full, the Lenders have no further commitment to lend under this AgreementAgreement and the Letters of Credit shall have been canceled or have expired and all L/C Disbursements shall have been reimbursed.

Release of Collateral and Guarantees. (a) All security interests and Liens granted or created under the Security Documents shall automatically terminate when all the Obligations (other than Obligations in respect of Hedging Agreements, Cash Management Arrangements indemnification and contingent indemnities, expense reimbursement, tax gross-up and yield protection obligations to the extent for which no claim therefor has been made) have been paid in full and the Lenders have no further commitment to lend under this AgreementAgreement (notwithstanding that any other Obligations remain outstanding).

Release of Collateral and Guarantees. (a) All security interests and Liens granted or created under the Security Documents shall automatically terminate when all the Obligations (other than Obligations in respect of Hedging Agreements, Cash Management Arrangements contingent indemnification and contingent indemnities, expense reimbursement, tax gross-up and yield protection reimbursement obligations to the extent for which no claim therefor has been made) have been indefeasibly paid in full and the Lenders have no further commitment to lend under this Agreementin cash.

Release of Collateral and Guarantees. (a) All security interests and Liens granted or created under the Security Collateral Documents shall automatically terminate when all the Loan Document Obligations (other than Obligations in respect of Hedging Agreements, Cash Management Arrangements and contingent indemnities, expense reimbursement, tax gross-up and yield protection obligations to the extent no claim therefor has been madeamounts not yet due) 127 have been paid in full and the Lenders have no further commitment to lend under this Agreement.

Release of Collateral and Guarantees. (a) All security interests and Liens granted or created under the Security Documents shall automatically terminate when all the Obligations (other than Obligations in respect of Hedging Agreements, Cash Management Arrangements indemnification and contingent indemnities, expense reimbursement, tax gross-up and yield protection obligations to the extent for which no claim therefor has been made) have been paid in full and the Lenders have no further commitment to lend under this AgreementAgreement (notwithstanding that any other Secured Obligations remain outstanding).