Common use of Release of Security Interest Clause in Contracts

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the Collateral Agent shall, at the Grantor’s expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 6 contracts

Samples: Pledge and Security Agreement (New World Restaurant Group Inc), Trademark Security Agreement (New World Restaurant Group Inc), Trademark Security Agreement (New World Restaurant Group Inc)

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Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 4 contracts

Samples: Security Agreement (Golfsmith International Holdings Inc), Pledge and Security Agreement (New World Coffee Manhattan Bagel Inc), Trademark Security Agreement (Golfsmith International Holdings Inc)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Copyright Collateral which has been granted hereunder.

Appears in 3 contracts

Samples: Security Agreement (Golfsmith International Holdings Inc), Pledge and Security Agreement (New World Coffee Manhattan Bagel Inc), Pledge and Security Agreement (Telex Communications International LTD)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the termination or expiry of all Letters of Credit and the termination of all Commitments, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 3 contracts

Samples: New Gfi Security Agreement (Foamex Capital Corp), Crain LLC Security Agreement (General Felt Industries Inc), Trademark Security Agreement (Foamex International Inc)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the termination or expiry of all Letters of Credit and the termination of all Commitments, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Patent Collateral which has been granted hereunder.

Appears in 3 contracts

Samples: New Gfi Security Agreement (Foamex Capital Corp), Crain LLC Security Agreement (General Felt Industries Inc), Patent Security Agreement (Foamex International Inc)

Release of Security Interest. Upon payment in full in cash of all Secured ObligationsObligations and the termination of the Aggregate Commitments, the Collateral Agent shall, at the Grantor’s expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Arthrocare Corp), Assignment and Assumption Agreement (Arthrocare Corp)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the Collateral Agent shall, at the Grantor’s expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Patent Collateral which has been granted hereunder.

Appears in 2 contracts

Samples: Pledge and Security Agreement (New World Restaurant Group Inc), Patent Security Agreement (New World Restaurant Group Inc)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Patent Collateral which has been granted hereunder.

Appears in 2 contracts

Samples: Pledge and Security Agreement (New World Coffee Manhattan Bagel Inc), Security Agreement (Golfsmith International Holdings Inc)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the termination or expiry of all Letters of Credit and the termination of all Commitments, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Copyright Collateral which has been granted hereunder.

Appears in 2 contracts

Samples: Crain LLC Security Agreement (General Felt Industries Inc), New Gfi Security Agreement (Foamex Capital Corp)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, and upon delivery to the Collateral Agent of an Officer's Certificate and an Opinion of Counsel, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Patent Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Telex Communications International LTD)

Release of Security Interest. Upon payment in full in cash of all Secured ---------------------------- Obligations, the Collateral Agent shall, at the Grantor’s Grantors' expense, execute and deliver to the each Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Security Agreement (Aristotle Corp)

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Release of Security Interest. Upon payment in full in cash of all Secured Obligations, and upon delivery to the Collateral Agent of an Officer's Certificate and an Opinion of Counsel the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Copyright Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Rock Salt Co LLC)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, and upon delivery to the Collateral Agent of an Officer's Certificate and an Opinion of Counsel the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Patent Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Rock Salt Co LLC)

Release of Security Interest. Upon payment in full in cash of ---------------------------- all Secured Obligations, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Security Agreement (Aristotle Corp)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the Collateral Agent shall, at the Grantor’s expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Copyright Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (New World Restaurant Group Inc)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, and upon delivery to the Collateral Agent of an Officer's Certificate and an Opinion of Counsel the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Rock Salt Co LLC)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, and upon delivery to the Collateral Agent of an Officer's Certificate and an Opinion of Counsel, the Collateral Agent shall, at the Grantor’s 's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Trademark Collateral which has been granted hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Telex Communications International LTD)

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