Common use of Release of Pledged Shares from Pledge Clause in Contracts

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Note, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "Pledged Materials"), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory Note, by repayment in accordance with the terms of the Note, this Agreement and Pledgee's security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Convertible Debentures by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Notenotice, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "Pledged Materials"), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory NoteConvertible Debentures, by repayment in accordance with the terms of the NoteConvertible Debentures, this Agreement and Pledgee's security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Convertible Debenture by repayment in accordance with the terms of the NoteConvertible Debenture, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory NoteConvertible Debenture, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "Pledged Materials"), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory Note, by repayment in accordance with the terms of the NoteConvertible Debenture, this Agreement and Pledgee's security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Loan Documents by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Notenotice, the Escrow Agent shall return to the Pledgor Pledgors the Transfer Documents and the certificates representing the Pledged Shares, Shares (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory NoteLoan Documents, by repayment in accordance with the terms of the Note, this Escrow Agreement and Pledgee's ’s security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Loan Documents by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Notenotice, the Escrow Agent shall return to the Pledgor Pledgors the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "Pledged Materials"), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory NoteLoan Documents, by repayment in accordance with the terms of the Note, this Escrow Agreement and Pledgee's security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Loan Documents by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Notenotice, the Escrow Agent shall return to the Pledgor Pledgors the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory NoteLoan Documents, by repayment in accordance with the terms of the Note, this Escrow Agreement and Pledgee's ’s security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Convertible Debentures by repayment in accordance with the terms of the NoteConvertible Debentures or waiver by Pledgee or termination of the Agreement by the Parties, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Note, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory NoteConvertible Debentures, by repayment in accordance with the terms of the NoteConvertible Debentures, this Agreement and Pledgee's ’s security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Convertible Debentures by repayment in accordance with the terms of the NoteConvertible Debenture, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Notenotice, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory NoteConvertible Debentures, by repayment in accordance with the terms of the NoteConvertible Debentures, this Agreement and Pledgee's ’s security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Note, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee in the Pledged Materials shall be he terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory Note, by repayment in accordance with the terms of the Note, this Agreement and Pledgee's security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Note, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory Note, by repayment in accordance with the terms of the Note, this Agreement and Pledgee's security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Note, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "Pledged Materials"), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory Note, by repayment in accordance with the terms of the Note, this Agreement and Pledgee's security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee under the Promissory Note Convertible Debentures by repayment in accordance with the terms of the NoteConvertible Debentures, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee under the Promissory Notenotice, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee under the Promissory NoteConvertible Debentures, by repayment in accordance with the terms of the NoteConvertible Debentures, this Agreement and Pledgee's ’s security interest and rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee Pledgees under the Promissory Note Notes by repayment or conversion in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee Pledgees under the Promissory NoteNotes, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "“Pledged Materials"”), whereupon any and all rights of Pledgee Pledgees in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee Pledgees under the Promissory NoteNotes, by repayment in accordance with the terms of the Note, this Agreement and Pledgee's security interest and Pledgees’ rights in and to the Pledged Shares shall terminate.

Release of Pledged Shares from Pledge. Upon the payment of all amounts due to the Pledgee Pledgees under the Promissory Note by repayment in accordance with the terms of the Note, the parties hereto shall notify the Escrow Agent to such effect in writing. Upon receipt of such written notice for payment of the amounts due to the Pledgee Pledgees under the Promissory Note, the Escrow Agent shall return to the Pledgor the Transfer Documents and the certificates representing the Pledged Shares, (collectively the "Pledged Materials"), whereupon any and all rights of Pledgee Pledgees in the Pledged Materials shall be terminated. Notwithstanding anything to the contrary contained herein, upon full payment of all amounts due to the Pledgee Pledgees under the Promissory Note, by repayment in accordance with the terms of the Note, this Agreement and PledgeePledgees's security interest and rights in and to the Pledged Shares shall terminate.