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

Release of Pledged Shares from Pledge. Upon the satisfaction in full of all the Obligations the parties hereto shall notify the Escrow Agent to such effect in writing. Promptly upon receipt of such written notice, the Escrow Agent shall return to each Pledgor the Transfer Documents and the certificates representing the Pledged Shares (collectively the “Pledged Materials”), whereupon any and all rights of the Collateral Agent in the Pledged Materials shall be terminated.

Release of Pledged Shares from Pledge. Upon the satisfaction in full of all the Obligations the parties hereto shall notify the Escrow Agent to such effect in writing. Promptly upon receipt of such written notice, the Escrow Agent shall return to each the Pledgor the Transfer Documents and the certificates representing the Pledged Shares (collectively the “Pledged Materials”), whereupon any and all rights of the Collateral Agent Buyer in the Pledged Materials shall be terminated.

Release of Pledged Shares from Pledge. a. Upon the satisfaction in full of all the Obligations the parties hereto shall notify the Escrow Agent to such effect in writing. Promptly upon receipt of such written notice, the Escrow Agent shall return to each Pledgor the Transfer Documents and the certificates representing the Pledged Shares (collectively the “Pledged Materials”), whereupon any and all rights of the Collateral Agent in the Pledged Materials shall be terminated.

Release of Pledged Shares from Pledge. a. Upon the satisfaction in full of all the Obligations the parties hereto shall notify the Escrow Agent to such effect in writing. Promptly upon receipt of such written notice, the Escrow Agent shall return to each Pledgor the Transfer Documents and the certificates representing the remaining Pledged Shares (collectively the “Pledged Materials”)Shares, whereupon any and all rights of the Collateral Agent in the such Pledged Materials shall be terminated.

Release of Pledged Shares from Pledge. Upon satisfaction of the satisfaction in full of all Obligations, the Obligations the parties hereto Pledgor and Pledgee shall jointly notify the Escrow Agent to such effect in writing. Promptly upon receipt of such written notice, the Escrow Agent shall return to each the Pledgor the Transfer Documents and the certificates representing the Pledged Shares (collectively the “"Pledged Materials”"), whereupon any and all rights of the Collateral Agent Pledgee in the Pledged Materials shall be terminated.