Common use of Release of Guarantees and Security Clause in Contracts

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:

Appears in 7 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Lease Agreement (Virgin Media Investment Holdings LTD), Senior Facilities Agreement (Virgin Media Inc.)

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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 Relevant Finance Parties to) at the request of and cost of the relevant Obligor, execute such documents as may be required to:

Appears in 4 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Agreement (Virgin Media Inc.)

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Release of Guarantees and Security. (a) Subject to paragraph (b) below, at the time of completion of any disposal by the Parent Cableco 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 ObligorBorrower, execute such documents as may be required to:

Appears in 1 contract

Samples: Agreement (NTL Inc)

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