Release of Pledged Securities. Upon the timely payment in full of all of the Obligations in accordance with the terms thereof, Secured Party shall notify the Escrow Agent in writing to such effect. Upon receipt of such written notice, the Escrow Agent shall return all of the Pledged Materials in Escrow Agent’s possession to the Pledgor, whereupon any and all rights of Secured Party in and to the Pledged Materials and all other Collateral shall be terminated.
Release of Pledged Securities. Pledged Securities that are required to be released from the pledge and security interest created by this Agreement pursuant to the Credit Agreement shall be so released by the Administrative Agent promptly following the Administrative Agent’s receipt of written request therefor by the Company specifying the basis for which release is requested and such further certificates or other documents as the Administrative Agent reasonably shall request in its discretion to confirm that such release is permitted by the Credit Agreement and to confirm Secured Parties’ replacement lien, if any, on appropriate collateral. Any request for any permitted release shall be transmitted to the Administrative Agent.
Release of Pledged Securities. (a) Upon notice to the Collateral Agent by the Company or the Purchase Contract Agent that there has occurred a Termination Event, the Collateral Agent shall release all Pledged Securities from the Pledge and shall transfer all such Underlying Securities, free and clear of any lien, pledge or security interest created hereby, to the Purchase Contract Agent.
(b) Upon notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement, and that the Purchase Contract Agent has received from such Holders, and paid to the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the pledge the Pledged Securities with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement.
(c) Transfers of Underlying Securities pursuant to Section 4(a) or 4(b) shall be by Federal Reserve Bank-Wire or in another appropriate manner, (i) if the Collateral Agent shall have received such notification at or prior to ____________, New York City time, on a Business Day, then no later than ____________, New York City time, on such Business Day and (ii) if the Collateral Agent shall have received such notification on a day that is not a Business Day or after ____________, New York City time, on a Business Day, then no later than ____________, New York City time, on the next succeeding Business Day.
Release of Pledged Securities. Pledged Securities that are required to be released from the pledge and security interest created by this Agreement pursuant to the Letter Agreement shall be so released by the Secured Party promptly following the Secured Party’s receipt of written request therefor by the Pledgor specifying the basis for which release is requested and such further certificates or other documents as the Secured Party reasonably shall request in its discretion to confirm that such release is permitted by the Letter Agreement and to confirm Secured Party’s replacement lien, if any, on appropriate collateral.
Release of Pledged Securities. The Pledged Securities shall be released and this Agreement terminated upon the payment of all outstanding indebtedness to Secured Party.
Release of Pledged Securities. When the Lease is terminated and all Obligations of Tenant are paid in full, Landlord shall deliver to Pledgor all of the Pledged Securities, and shall execute and deliver or cause to be executed and delivered to Pledgor such instruments as may be necessary to cancel this pledge and revest the Pledged Securities in Pledgor free and clear of the lien hereof.
Release of Pledged Securities. Unless and until the Issuer receives a Notice of Exclusive Control, the Issuer shall, upon receipt of an instruction executed by both the Grantor and the Secured Party, redeem all or a portion of the Pledged Securities as specifically set forth in such instruction.
Release of Pledged Securities. Securities of the United States, pledged and deposited as provided by § 46.12, shall be released only in accord- ance with the provisions of 31 CFR part 225. When the appropriate TTB officer is satisfied that they may be released, he shall fix the date or dates on which a part or all of such securities may be released. At any time prior to the re- lease of such securities, the appro- priate TTB officer may, for proper cause, extend the date of release for such additional length of time as he deems necessary. [T.D. 6395, 24 FR 599, Jan. 28, 1959. Redesig- nated at 00 XX 00000, Xxx. 15, 1975, as amend- ed by T.D. ATF–472, 67 FR 8880, Feb. 27, 2002]
Release of Pledged Securities. If any of the Pledged Securities ----------------------------- shall be sold, transferred or otherwise disposed of by any Pledgor in a transaction permitted by the Credit Agreement, then the Administrative Agent shall execute and deliver to such Pledgor (at the sole cost and expense of such Pledgor) all releases or other documents reasonably necessary or desirable for the release of the Liens created hereby on such Pledged Securities.
Release of Pledged Securities. The Collateral Agent shall release the Pledged Securities only in accordance with (i) the terms of the Pledge Agreement and the Letter Amendments, (ii) joint written instructions from the other parties to this Agreement, or (iii) an order of a court of competent jurisdiction.
