Common use of Release of Collateral and Termination Clause in Contracts

Release of Collateral and Termination. (a) Upon the 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 any other Obligations for the payment of money then due and owing to any Noteholder or the Trustee under the Indenture and the Collateral Documents, the Collateral shall be released from the Liens created hereby, and this Patent Security Agreement and all obligations (other than those expressly stated to survive such termination) of the Trustee and the Company 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 Company. Upon request of the Company following any such termination, the Trustee shall deliver (at the sole cost and expense of the Company) to the Company any Collateral held by the Trustee hereunder, and execute and deliver (at the sole cost and expense of the Company) to the Company such documents as the Company shall reasonably request to evidence such termination. (a) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Company in a transaction permitted by the Indenture, then the Trustee shall execute and deliver to the Company (at the sole cost and expense of the Company) all releases, termination statements or other documents reasonably necessary for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) Upon the 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 any other Obligations for the payment of money then due and owing to any Noteholder or the Trustee under the Indenture and the Collateral Documents, the Collateral shall be released from the Liens created hereby, and this Patent Security Agreement and all obligations (other than those expressly stated to survive such termination) of the Trustee and the Company 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 Company. Upon request of the Company following any such termination, the Trustee shall deliver (at the sole cost and expense of the Company) to the Company any Collateral held by the Trustee hereunder, and execute and deliver (at the sole cost and expense of the Company) to the Company such documents as the Company shall reasonably request to evidence such termination. (ab) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Company in a transaction permitted by the Indenture, then the Trustee shall execute and deliver to the Company (at the sole cost and expense of the Company) all releases, termination statements or other documents reasonably necessary for the release of the Liens created hereby on such CollateralXxxxxxxxxx.

Release of Collateral and Termination. (a1) Upon the 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 any other all Obligations for the payment of money then due and owing to any Noteholder or the Trustee under the Indenture and the Collateral Documents, the Collateral shall be released from the Liens created hereby, and this Patent Copyright Security Agreement and all obligations (other than those expressly stated to survive such termination) of the Trustee and the Company 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 Company. Upon request of the Company following any such termination, the Trustee shall deliver (at the sole cost and expense of the Company) to the Company any Collateral held by the Trustee hereunder, and execute and deliver (at the sole cost and expense of the Company) to the Company such documents as the Company shall reasonably request to evidence such termination. (a2) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Company in a transaction permitted by the Indenture, then the Trustee shall execute and deliver to the Company (at the sole cost and expense of the Company) all releases, termination statements or other documents reasonably necessary for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a1) Upon the 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 any other Obligations for the payment of money then due and owing to any Noteholder or the Trustee under the Indenture and the Collateral Documents, the Collateral shall be released from the Liens created hereby, and this Patent Trademark Security Agreement and all obligations (other than those expressly stated to survive such termination) of the Trustee and the Company 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 Company. Upon request of the Company following any such termination, the Trustee shall deliver (at the sole cost and expense of the Company) to the Company any Collateral held by the Trustee hereunder, and execute and deliver (at the sole cost and expense of the Company) to the Company such documents as the Company shall reasonably request to evidence such termination. (a2) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Company in a transaction permitted by the Indenture, then the Trustee shall execute and deliver to the Company (at the sole cost and expense of the Company) all releases, termination statements or other documents reasonably necessary for the release of the Liens created hereby on such Collateral.

Release of Collateral and Termination. (a) Upon the 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 any other Obligations for the payment of money then due and owing to any Noteholder or the Trustee under the Indenture and the Collateral Documents, the Collateral shall be released from the Liens created hereby, and this Patent Security Pledge Agreement and all obligations (other than those expressly stated to survive such termination) of the Trustee and the Company 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 Company. Upon request of the Company following any such termination, the Trustee shall deliver (at the sole cost and expense of the Company) to the Company any Collateral held by the Trustee hereunder, and execute and deliver (at the sole cost and expense of the Company) to the Company such documents as the Company shall reasonably request to evidence evidence, or give further effect to, such termination. (ab) If any of the Collateral shall be sold, transferred or otherwise disposed of by the Company in a transaction permitted by the Indenture, then the Trustee shall execute and deliver to the Company (at the sole cost and expense of the Company) all releases, termination statements or other documents reasonably necessary for the release of the Liens created hereby on such Collateral.