Common use of Release of Collateral Obligation Files Clause in Contracts

Release of Collateral Obligation Files. (a) Upon satisfaction of any of the conditions set forth in Section 12.3, the Servicer will provide an Officer’s Certificate to such effect to the Document Custodian and a certificate of the Servicer substantially in the form of Exhibit F-3 (which certificate shall also be deemed to constitute delivery of the aforementioned Officer’s Certificate) and shall request in writing delivery to it of the Collateral Obligation File and a copy thereof shall be sent concurrently by the Servicer to the Agent and each Lender Agent. Upon receipt of such certification and request, unless it receives notice to the contrary from the Agent, the Document Custodian shall within three Business Days (or such other time as may be agreed to by the Servicer) release the related Collateral Obligation File to the Servicer and the Servicer will not be required to return the related Collateral Obligation File to the Document Custodian.

Release of Collateral Obligation Files. (a) Upon satisfaction of any of the conditions set forth in Section 12.3, the Borrower shall cause the Servicer will to provide an Officer’s Certificate to such effect to the Document Collateral Custodian (with a copy to the Collateral Agent) and shall delivered to the Collateral Custodian a certificate of the Servicer Request for Release and Receipt (substantially in the form of Exhibit F-3 (which certificate shall also be deemed to constitute delivery of the aforementioned Officer’s CertificateF-2) and shall request in writing delivery to it of the Collateral Obligation File and a copy thereof shall be sent concurrently by the Servicer to the Facility Agent and each Lender Agent. Upon receipt of such certification and request, unless it receives notice to the contrary from the Facility Agent, the Document Collateral Custodian shall within three Business Days (or such other time as may be agreed to by the Servicer) release the related Collateral Obligation File to the Servicer and the Servicer will not be required to return the related Collateral Obligation File to the Document Collateral Custodian.