Common use of Release of Liens on the Collateral Clause in Contracts

Release of Liens on the Collateral. The Liens on the Collateral will be released with respect to this Note and the Guarantee: (i) in whole, upon payment in full of the unpaid principal, together with all accrued and unpaid interest thereon, of this Note; or (ii) with the consent of Lender. Upon compliance by Debtor with the conditions precedent set forth above, Xxxxxx shall promptly cause to be released and reconveyed to Debtor the released Collateral and execute and deliver to Debtor such documents as Debtor shall reasonably request to evidence such termination.

Release of Liens on the Collateral. The Liens on the Collateral will be released with respect to this Note and the Guarantee: (i) in whole, upon payment in full of the unpaid principal, together with all accrued and unpaid interest thereon, of this Note; or (ii) with the consent of Lender. Upon compliance by Debtor with the conditions precedent set forth above, Xxxxxx Lender shall promptly cause to be released and reconveyed to Debtor the released Collateral and execute and deliver to Debtor such documents as Debtor shall reasonably request to evidence such termination.