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

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral Agent’s Third Lien will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral Agent’s Third Lien on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] of the Indenture; (2) upon a [Legal Defeasance or Covenant Defeasance] (each as defined under the Indenture) of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] of the Indenture; (3) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or (4) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] of the Indenture.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral AgentTrustee’s Third Parity Lien will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral AgentTrustee’s Third Parity Lien on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] XI of the Indenture; (2) upon a [Legal Defeasance or Covenant Defeasance] Defeasance (each as defined under the Indenture) of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] VIII of the Indenture; (3) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or; (4) in whole or in part, upon the direction of the Trustee or with the consent of the holders of the requisite percentage of Notes in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] IX of the Indenture; or (5) upon the occurrence of any of the circumstances described under Section 4.1 or Section 3.2 that provides for (or permits) a release of Parity Liens under this Agreement.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral AgentTrustee’s Third Lien will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral AgentTrustee’s Third Lien on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] 12 of the Indenture; (2) upon a [Legal Defeasance or Covenant Defeasance] Defeasance (each as defined under the Indenture) of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] 8 of the Indenture; (3) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or; (4) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] 9 of the Indenture.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral AgentTrustee’s Third Lien Liens upon the Collateral will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral AgentTrustee’s Third Lien Liens on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] Section 12.01 of the Indenture; (2) upon a [Legal Defeasance or Covenant Defeasance] (each as defined under the Indenture) of the Notes Defeasance as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] under, respectively, Section 8.02 or 8.03 of the Indenture; (3) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or (4) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] provisions of Section 9.01 of the Indenture.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral AgentTrustee’s Third Priority Lien will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral AgentTrustee’s Third Priority Lien on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] 12 of the Indenture; (2) upon a [Legal Defeasance or Covenant Defeasance] Defeasance (each as defined under the Indenture) of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] 8 of the Indenture; (3) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations (other than Obligations constituting indemnities or other contingent obligation) that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or (4) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] 9 of the Indenture.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral Agent’s Third Lien will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral Agent’s Third Lien on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisionsSection 8.01(a)] of the Indenture; (2) upon a [Legal Defeasance the exercise of the legal defeasance option or Covenant Defeasance] covenant defeasance option (each as defined under the Indenture) of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisionsSection 8.01(b)] of the Indenture; (3) upon payment in full in cash and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full in cash and discharged; or (4) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with [Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] of the Indenture.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 4.01 hereof, the Collateral AgentTrustee’s Third Junior Lien will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral AgentTrustee’s Third Junior Lien on the Collateral will terminate and be discharged: (1i) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] Section 8.01(a) (Discharge of Liability on Notes; Defeasance) of the Indenture; (2ii) upon a [Legal Defeasance Option or Covenant Defeasance] (each as defined under the Indenture) Defeasance Option of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] 8 (Discharge of Indenture; Defeasance) of the Indenture; (3iii) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or (4iv) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] 9 (Amendments) of the Indenture.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral AgentTrustee’s Third Lien Liens will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral AgentTrustee’s Third Lien on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] 8 of the Indenture; (2) upon a [Legal Defeasance or Covenant Defeasance] Defeasance (each as defined under the Indenture) of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] 8 of the Indenture; (3) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or (4) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] Section 9.02 of the Indenture.

Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral Agent’s Third Trustee's Parity Lien will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the Collateral Agent’s Third Trustee's Parity Lien on the Collateral will terminate and be discharged: (1) upon satisfaction and discharge of the Indenture as set forth under Article [11] [the “SATISFACTION AND DISCHARGE” provisions] of the Indenturetherein; (2) upon a [Legal legal Defeasance or Covenant Defeasance] (each as defined under the Indenture) covenant Defeasance of the Notes as set forth under Article [8] [the “LEGAL DEFEASANCE AND COVENANT DEFEASANCE” provisions] of in the Indenture; (3) upon payment in full and discharge of all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or (4) in whole or in part, with the consent of the holders of the requisite percentage of Notes as provided in accordance with Article [9] [the “AMENDMENT, SUPPLEMENT AND WAIVER” provisions] of the Indenture.