Common use of Release of Grantor Clause in Contracts

Release of Grantor. This Agreement and all Secured Obligations of Grantor hereunder shall be released when all Secured Obligations have been paid in full in cash or otherwise performed in full and when no portion of the Commitments remain outstanding. Upon such release of Grantor's Secured Obligations hereunder, Secured Party shall return any pledged Collateral to Grantor, or to the Person or Persons legally entitled thereto, and shall endorse, execute, deliver, record and file all instruments and documents, and do all other acts and things, reasonably required for the return of the Collateral to Grantor, or to the Person or Persons legally entitled thereto, and to evidence or document the release of Secured Party's interests arising under this Agreement, all as reasonably requested by, and at the sole expense of, Grantor.

Release of Grantor. This Agreement and all Secured Obligations of Grantor hereunder shall be released when all Secured Obligations have been paid in full in cash or otherwise performed in full and when no portion of the Commitments remain outstanding. Upon such release of Grantor's ’s Secured Obligations hereunder, Secured Party shall return any pledged Collateral to Grantor, or to the Person or Persons legally entitled thereto, and shall endorse, execute, deliver, record and file all instruments and documents, and do all other acts and things, reasonably required for the return of the Collateral to Grantor, or to the Person or Persons legally entitled thereto, and to evidence or document the release of Secured Party's ’s interests arising under this Agreement, all as reasonably requested by, and at the sole expense of, Grantor.

Release of Grantor. This Agreement and all Secured Obligations of the Grantor hereunder shall be released when all Secured Obligations have been paid in full in cash or otherwise performed in full (other than any contingent indemnity obligations under any 'Loan Document) and when no portion of the Commitments remain any Commitment remains then outstanding. Upon such release of Grantor's Secured Obligations hereunderrelease, any Secured Party shall return any pledged Collateral to the Grantor, or to the Person or Persons legally entitled thereto, and shall endorse, execute, deliver, record and file all instruments instruments, and documents, and do all other acts and things, reasonably required for the return of the Collateral to the Grantor, or to the Person or Persons legally entitled thereto, and to evidence or document the release of the Secured Party's interests arising under this Agreement, all as reasonably requested by, and at the sole expense of, the Grantor.