Release of Liens on the Collateral. (a) Subject to the Intercreditor Agreements, the Notes Collateral Agent shall not at any time release the Collateral from the security interests created by the Collateral Documents unless such release is expressly in accordance with the provisions of this Indenture and the applicable Collateral Documents.
Appears in 2 contracts
Samples: Cliffs Natural Resources Inc., Cliffs Natural Resources Inc.
Release of Liens on the Collateral. (a) Subject to the Pari Passu Intercreditor AgreementsAgreement and the ABL Intercreditor Agreement, the First Lien Notes Collateral Agent shall not at any time release the Collateral from the security interests created by the Collateral Documents unless such release is expressly in accordance with the provisions of this Indenture and the applicable Collateral Documents.
Appears in 2 contracts
Samples: Intercreditor Agreement (Cleveland-Cliffs Inc.), Intercreditor Agreement (Cleveland-Cliffs Inc.)