Release of Collateral; Termination. (a) Upon any sale, lease, transfer or other disposition of any Collateral of Grantor in accordance with the Loan Documents, the Secured Party will, at Grantor’s expense, execute and deliver to Grantor such documents as Grantor shall reasonably request to evidence the release of such Collateral from the assignment and security interest granted hereby; provided that:
Appears in 7 contracts
Samples: Stock Pledge Agreement (Sundance Energy Australia LTD), Second Lien Stock Pledge Agreement (Sundance Energy Australia LTD), Stock Pledge Agreement (Sundance Energy Australia LTD)
Release of Collateral; Termination. (a) Upon any sale, lease, transfer or other disposition of any Collateral of Grantor in accordance with the Loan DocumentsDocuments (other than sales of Inventory in the ordinary course of business), the Secured Party will, at Grantor’s expense, execute and deliver to Grantor such documents as Grantor shall reasonably request to evidence the release of such Collateral from the assignment and security interest granted hereby; provided that:
Appears in 3 contracts
Samples: Second Lien (Sundance Energy Australia LTD), Second Lien (Sundance Energy Australia LTD), Second Lien (Sundance Energy Australia LTD)
Release of Collateral; Termination. (a) Upon any sale, lease, transfer or other disposition of any Collateral of Grantor in accordance with the Loan DocumentsNote Documents (other than sales of Inventory in the ordinary course of business), the Secured Party will, at Grantor’s expense, execute and deliver to Grantor such documents as Grantor shall reasonably request to evidence the release of such Collateral from the assignment and security interest granted hereby; provided that:
Appears in 2 contracts
Samples: Security Agreement (Penn Octane Corp), Security Agreement (Rio Vista Energy Partners Lp)
Release of Collateral; Termination. (a) Upon any sale, lease, transfer or other disposition of any Collateral of Grantor in accordance with the Loan Credit Documents, the Secured Party Administrative Agent will, at Grantor’s expense, execute and deliver to Grantor such documents as Grantor shall reasonably request to evidence the release of such Collateral from the assignment and security interest granted hereby; provided that:.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (California Resources Corp)
Release of Collateral; Termination. (a) Upon a)Upon any sale, lease, transfer or other disposition of any Collateral of Grantor in accordance with the Loan DocumentsDocuments (other than sales of Inventory in the ordinary course of business), the Secured Party will, at Grantor’s expense, execute and deliver to Grantor such documents as Grantor shall reasonably request to evidence the release of such Collateral from the assignment and security interest granted hereby; provided that:hereby as set forth in Section 9.16 of the Credit Agreement.
Appears in 1 contract
Release of Collateral; Termination. (a) Upon any sale, lease, transfer or other disposition of any Collateral of Grantor in accordance with the Loan DocumentsDocuments (other than sales of Inventory in the ordinary course of business) or if approved, authorized or ratified in writing in accordance with Section 10.01 of the Credit Agreement, the Secured Party will, at Grantor’s expense, execute and deliver to Grantor such documents as Grantor shall reasonably request to evidence the release of such Collateral from the assignment and security interest granted hereby; provided that:
Appears in 1 contract
Samples: Security Agreement (Ferrellgas Partners Finance Corp)
