Release of Guarantees and Security. (a) Subject to paragraph (b) below, at the time of completion of any disposal by the Parent or any Obligor of any shares, assets or revenues the Security Trustee shall (and it is hereby authorised by the other Finance Parties to) at the request of and cost of the relevant Obligor, execute such documents as may be required to:
Release of Guarantees and Security. (a) Subject to paragraph (b) below, at the time of completion of any disposal by any Obligor of any shares, assets or revenues the Security Trustee shall (and it is hereby authorised by the other Finance Parties to) at the request of and cost of TCN, execute such documents as may be required to:
Release of Guarantees and Security. (a) Notwithstanding anything to the contrary herein, no asset subject to Transaction Security (excluding any assets subject to Transaction Security in the form of a business mortgage or floating charge) may be disposed of without the prior written approval of the Security Agent and the Super Senior Representative.
Release of Guarantees and Security. (a) Subject to paragraph (b) below, at the time of completion of any disposal by the Holding Company of Bidco or of any Obligor, or any other security provider of any shares, assets or revenues, the Security Agent shall (and it is hereby authorised by the other Finance Parties to) at the request of and cost of the relevant Obligor, execute such documents as may be required to:
Release of Guarantees and Security. (a) Subject to paragraph (c) below, if pursuant to or for the purposes of any Enforcement Action taken or to be taken by the Security Agent in accordance with this Agreement the Security Agent requires any release of any guarantee or Security, each Party (other than the Security Agent) shall promptly enter into any release and/or other document and take any action which the Security Agent may reasonably require.
Release of Guarantees and Security. SELLER shall have delivered to PURCHASER at the Closing such documents and instruments as are reasonably necessary to evidence the termination of the guarantee by the XxXxx Companies of indebtedness of SELLER to its bank lenders, the termination and release of the liens and security interests in the assets and properties of the XxXxx Companies granted in favor of such lenders in connection with such guarantee and the termination and release of the liens and security interests in the Shares granted in favor of such lenders. Without limiting the generality of the foregoing, SELLER shall have delivered, or caused to be delivered to PURCHASER (or at PURCHASER's election, to Title Company), the original executed and acknowledged full reconveyance of the NationsBank Deed of Trust. SELLER shall be solely responsible for the payment of all fees and costs associated with the foregoing, including, without limitation, all trustee's fees, recording fees, filing fees and, if applicable, escrow fees. Such documents and instruments shall be reasonably satisfactory in form and substance to PURCHASER and its counsel.
Release of Guarantees and Security. Subject to the satisfaction of any conditions required, as relevant, under Clause 2 (Release Of Guarantees And Security) of the Guarantees and Security Agreement, each of the parties hereto agrees to the releases effected or to be effected pursuant to Clause Table of Contents Execution Version: 19th April 2010 Clause 2 (Release Of Guarantees And Security) of the Guarantees and Security Agreement.
Release of Guarantees and Security. This is the ninth schedule referred to in clause 6.3.8 and 6.6.8 of this agreement. The Key Liens are those listed at Part 1 of this ninth schedule. Part 1
Release of Guarantees and Security. Upon receipt of the certificates delivered under paragraphs (d) and (e) of Clause 28.2 (Separation of the Broadcast Business), the Facility Agent shall promptly notify the Security Trustee who shall, as soon as reasonably practicable thereafter, and each of the Finance Parties hereby authorises the Security Trustee to, at the expense of the Borrower, execute such documents as may be required to: