Common use of Release of Obligations Clause in Contracts

Release of Obligations. At any time following an Event of Default, each Intercompany Creditor must, if requested by the Security Agent, release and discharge any Intercompany Debt specified by the Security Agent, by way of shareholders' contribution (Sw: aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

Release of Obligations. At any time following an Event of Default, each Intercompany Subordinated Creditor must, if requested by the Security Agent, release and release, transfer and/or discharge any Intercompany Subordinated Debt specified by the Security Agent, by way of shareholders' contribution (Sw: . aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

Release of Obligations. At any time following an Event of DefaultAcceleration Event, each Intercompany Creditor must, if requested by the Security Agent, release and discharge any Intercompany Debt specified by the Security Agent, by way of shareholders' contribution (Sw: aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

Release of Obligations. At any time following an Event of Default, each Intercompany Creditor must, if requested by the Security Agent, release and discharge any Intercompany Debt specified by the Security Agent, by way of shareholders' share contribution (Sw: . aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

Release of Obligations. At any time following an Event of Default, each Intercompany Subordinated Creditor must, if requested by the Security Agent, release and discharge any Intercompany Subordinated Debt specified by the Security Agent, by way of shareholders' share contribution (Sw: . aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

Release of Obligations. At any time following an Event of a Secured Debt Declared Default, each Intercompany Creditor and Intercompany Debtor must, if requested by the Security Agent, release and discharge any Intercompany Debt specified by the Security Agent, by way of shareholders' ’ contribution (Sw: aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

Release of Obligations. At any time following an a Secured Debt Declared Event of Default, each Intercompany Shareholder Creditor and the Company must, if requested by the Security Agent, release and discharge any Intercompany Shareholder Debt specified by the Security Agent, by way of shareholders' ’ contribution (Sw: aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

Release of Obligations. At any time following an Acceleration Event of Default, each Intercompany Shareholder Creditor must, if requested by the Security Agent, release and discharge any Intercompany Shareholder Debt specified by the Security Agent, by way of shareholders' contribution (Sw: aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.