Common use of Release of Collateral and Termination Clause in Contracts

Release of Collateral and Termination. (a) At such time as the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination of the Revolver Commitments) have been paid in full and the Revolver Commitments have been terminated, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Agent and the Pledgor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the Pledgor. Upon request of the Pledgor following any such termination, the Agent shall deliver (at the sole cost and expense of the Pledgor) to the Pledgor any Collateral held by the Agent hereunder, and execute and deliver (at the sole cost and expense of the Pledgor) to the Pledgor such documents as the Pledgor shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Pledgor in a transaction permitted by the Credit Agreement, then the Agent shall execute and deliver to the Pledgor (at the sole cost and expense of the Pledgor) all releases or other documents necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as the payment in full of the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination of the Revolver Commitments) have been paid in full and the termination of all Revolver Commitments shall have been terminatedoccurred, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Agent and the Pledgor Grantor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the PledgorGrantor. Upon request of the Pledgor Grantor following any such termination, the Agent shall deliver (at the sole cost and expense of the PledgorGrantor) to the Pledgor Grantor any Collateral held by the Agent hereunder, and execute and deliver (at the sole cost and expense of the PledgorGrantor) to the Pledgor Grantor such documents as the Pledgor Grantor shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Pledgor Grantor in a transaction permitted by the Credit Agreement, then the Agent shall execute and deliver to the Pledgor Grantor (at the sole cost and expense of the PledgorGrantor) all releases or other documents reasonably necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination payment in full of the Revolver Commitments) have been paid in full Securities and the Revolver Commitments other Secured Obligations then due and owing shall have been terminatedoccurred, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Agent Trustee and the each Pledgor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to each such Pledgor unless such reversion would be inconsistent with the PledgorSubordination Agreement. Upon request of the any Pledgor following any such termination, the Agent Trustee shall deliver (at the sole cost and expense of the such Pledgor) to the Pledgor any Collateral held by the Agent Trustee hereunder, and execute and deliver (at the sole cost and expense of the such Pledgor) to the such Pledgor such documents as the such Pledgor shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the any Pledgor in a transaction permitted by the Indenture or the Bank Credit Agreement, then the Agent Trustee shall execute and deliver to the such Pledgor (at the sole cost and expense of the such Pledgor) all releases or other documents reasonably necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination payment in full of the Revolver Commitments) have been paid in full Securities and the Revolver Commitments other Secured Obligations then due and owing shall have been terminatedoccurred, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Agent Trustee and the each Pledgor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to such Pledgor unless such reversion would be inconsistent with the PledgorSubordination Agreement. Upon request of the any Pledgor following any such termination, the Agent Trustee shall deliver (at the sole cost and expense of the such Pledgor) to the such Pledgor any Collateral held by the Agent Trustee hereunder, and execute and deliver (at the sole cost and expense of the such Pledgor) to the such Pledgor such documents as the such Pledgor shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Pledgor in a transaction permitted by the Indenture and the Bank Credit Agreement, then the Agent Trustee shall execute and deliver to the such Pledgor (at the sole cost and expense of the such Pledgor) all releases or other documents reasonably necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as Upon the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination of the Revolver Commitments) have been paid payment in full or Legal Defeasance of all principal of, interest on, premium, if any, and Liquidated Damages, if any, with respect to the Notes and all Obligations for the payment of money then due and owing to any Noteholder or the Trustee under the Indenture and the Revolver Commitments have been terminatedCollateral Documents, the Collateral shall be released from the Liens created hereby, and this Pledge Agreement and all obligations (other than those expressly stated to survive such termination) of the Agent Trustee and the each Pledgor hereunder shall terminate, all without delivery deliver of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the each Pledgor. Upon request of the a Pledgor following any such termination, the Agent Trustee shall deliver (at the sole cost and expense of the such Pledgor) to the such Pledgor any Collateral held by the Agent Trustee hereunder, and execute and deliver (at the sole cost and expense of the each Pledgor) to the such Pledgor such documents as the such Pledgor shall reasonably request to evidence evidence, or give further effect to, such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the a Pledgor in a transaction permitted by the Credit AgreementIndenture, then the Agent Trustee shall execute and deliver to the such Pledgor (at the sole cost and expense of the such Pledgor) all releases releases, termination statements or other documents reasonably necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination of the Revolver Commitments) have been paid and performed in full and the Revolver Commitments have been Commitment terminated, the Collateral shall be released from the Liens created hereby, by this Agreement and this Agreement and the security interests created thereby and all obligations (other than those expressly stated to survive such termination) of the Agent Lender and the Pledgor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the Pledgor. Upon request of the Pledgor following any such termination, the Agent shall Lender will deliver (at the sole cost and expense of the Pledgor) to the Pledgor any Collateral held by the Agent Lender hereunder, and execute and deliver (at the sole cost and expense of the Pledgor) to the Pledgor such documents as the Pledgor shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Pledgor in a transaction permitted by the Credit Agreement or the Snapper Credit Agreement, then the Agent shall Lender shall, upon the Pledgor's request, execute and deliver to the Pledgor (at the sole cost and expense of the Pledgor) all releases or other documents reasonably necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as the payment in full of the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination of the Revolver Commitments) have been paid in full and the termination of all Revolver Commitments shall have been terminatedoccurred, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Agent and the Pledgor Remington hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the PledgorRemington. Upon request of the Pledgor Remington following any such termination, the Agent shall deliver (at the sole cost and expense of the PledgorRemington) to the Pledgor Remington any Collateral held by the Agent hereunder, and execute and deliver (at the sole cost and expense of the PledgorRemington) to the Pledgor Remington such documents as the Pledgor Remington shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Pledgor Remington in a transaction permitted by the Credit Agreement, then the Agent shall execute and deliver to the Pledgor Remington (at the sole cost and expense of the PledgorRemington) all releases or other documents reasonably necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination payment in full of the Revolver Commitments) have been paid in full Notes, the Reimbursement Obligations and the Revolver other Obligations then due and owing shall have occurred, the Commitments have been terminatedterminated and the Letters of Credit have expired, terminated or been returned to the Issuing Lender, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Administrative Agent and the Pledgor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the Pledgor. Upon request of the Pledgor following any such termination, the Administrative Agent shall deliver (at the sole cost and expense of the Pledgor) to the Pledgor any Collateral held by the Administrative Agent hereunder, and execute and deliver (at the sole cost and expense of the Pledgor) to the Pledgor such documents as the Pledgor shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Pledgor in a transaction permitted by the Credit Agreement, then the Administrative Agent shall execute and deliver to the Pledgor (at the sole cost and expense of the Pledgor) all releases or other documents necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) At such time as the Obligations (except for contingent obligations of any Obligor under indemnifications that survive termination payment in full of the Revolver Commitments) have been paid in full Notes, the Reimbursement Obligations and the Revolver other Obligations then due and owing shall have occurred, the Commitments have been terminatedterminated and the Letters of Credit have expired, terminated or been returned to the Issuing Lender, the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Agent and the Pledgor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the Pledgor. Upon request of the Pledgor following any such termination, the Agent shall deliver (at the sole cost and expense of the Pledgor) to the Pledgor any Collateral held by the Agent hereunder, and execute and deliver (at the sole cost and expense of the Pledgor) to the Pledgor such documents as the Pledgor shall reasonably request to evidence such termination. (b) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Pledgor in a transaction permitted by the Credit Agreement, then the Agent shall execute and deliver to the Pledgor (at the sole cost and expense of the Pledgor) all releases or other documents necessary or reasonably desirable for the release of the Liens created hereby on such Collateral.