Release of Collateral in Connection with Events of Loss. The Company and the Guarantors, as the case may be, shall be entitled to obtain a release of, and the Trustee and Collateral Agent shall release, items of Collateral (other than Trust Monies, excluding Trust Monies constituting Net Loss Proceeds from an Event of Loss, which Trust Monies are subject to release from the Lien of the Security Documents as provided under Article XI) subject to an Event of Loss, upon compliance with the conditions precedent that the Company shall have delivered to the Trustee and Collateral Agent the following:
Appears in 2 contracts
Samples: Ryerson Holding Corp, Ryerson International Material Management Services, Inc.
Release of Collateral in Connection with Events of Loss. The Company Issuers and the Guarantors, as the case may be, shall be entitled to obtain a release of, and the Trustee and shall instruct the Collateral Agent shall releaseto release from the Lien securing the Obligations under the relevant Collateral Documents, items of Collateral (other than Trust Monies, excluding Trust Monies constituting Net Loss Proceeds from an Event of Loss, which Trust Monies are subject to release from the Lien of the Security Collateral Documents as provided under Article XI11) subject to an Event of Loss, upon compliance with the conditions precedent that the Company shall have delivered to the Trustee and Collateral Agent the following:
Appears in 2 contracts
Samples: Security Agreement and Fixture Filing (Trump Indiana Inc), Priority Intercreditor Agreement (Trump Indiana Inc)
Release of Collateral in Connection with Events of Loss. The -------------------------------------------------------- Company and the Guarantors, as the case may be, shall be entitled to obtain a release of, and the Trustee shall release from the Lien of this Indenture and the Collateral Agent shall releaseDocuments, items of Collateral (other than Trust Monies, excluding Trust Monies constituting Net Loss Proceeds from an Event of Loss, which Trust Monies are subject to release from the Lien of the Security Collateral Documents as provided under Article XI11) subject to an Event of Loss, upon compliance with the conditions precedent that the Company shall have delivered to the Trustee and Collateral Agent the following:
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Release of Collateral in Connection with Events of Loss. The Company and the Subsidiary Guarantors, as the case may be, shall be entitled to obtain a release of, and the Trustee and Collateral Agent shall release, items of Collateral (other than Trust Monies, excluding Trust Monies constituting Net Loss Proceeds from an Event of Loss, which Trust Monies are subject to release from the Lien of the Security Documents as provided under Article XI) Documents, items of Collateral subject to an Event of Loss, upon compliance with the conditions precedent that the Company shall have delivered to the Trustee and Collateral Agent the following:
Appears in 1 contract
Samples: Paxson Communications Corp
Release of Collateral in Connection with Events of Loss. The Company Issuer and the Guarantors, as the case may be, shall be entitled to obtain a release of, and the Trustee and Collateral Agent shall release, Liens on items of Collateral securing the Note Obligations (other than Trust Monies, excluding Trust Monies constituting Net Loss Proceeds from an Event of Loss, which Trust Monies are subject to release from the Lien of the Security Documents as provided under Article XI) subject to an Event of Loss, upon compliance with the conditions precedent that the Company Parent shall have delivered to the Trustee and Collateral Agent the following:
Appears in 1 contract
