Common use of Release of Liens in Respect of Notes Clause in Contracts

Release of Liens in Respect of Notes. The Holders authorize the Notes Collateral Agent to release or subordinate Liens upon the Collateral in accordance with, and as required by, the Security Agreement and the Intercreditor Agreements, and to take any further action and enter into any documentation to evidence the release or subordination of such Lien in accordance with the Security Agreement and the Intercreditor Agreements.

Appears in 3 contracts

Samples: Third Supplemental Indenture (Cit Group Inc), Second Supplemental Indenture (Cit Group Inc), First Supplemental Indenture (Cit Group Inc)

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Release of Liens in Respect of Notes. The Holders authorize the Notes Collateral Agent to release or subordinate Liens upon the Collateral in accordance with, and as required by, the Security Agreement and the Intercreditor AgreementsSeries A Collateral Agreement, and to take any further action and enter into any documentation to evidence the release or subordination of such Lien in accordance with the Security Agreement and the Intercreditor AgreementsSeries A Collateral Agreement.

Appears in 1 contract

Samples: First Supplemental Indenture (Cit Group Inc)

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Release of Liens in Respect of Notes. The Holders authorize the Notes Collateral Agent to release or subordinate Liens upon the Collateral in accordance with, and as required by, the Security Agreement and the Intercreditor AgreementsSeries B Collateral Agreement, and to take any further action and enter into any documentation to evidence the release or subordination of such Lien in accordance with the Security Agreement and the Intercreditor AgreementsSeries B Collateral Agreement.

Appears in 1 contract

Samples: First Supplemental Indenture (Cit Group Inc)

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