Release of the Guarantee. The Guarantee shall be automatically and unconditionally released and discharged under this Indenture upon the discharge of the Company’s obligations under this Indenture in accordance with the terms of this Indenture. At the request of the Company and upon delivery of an Officer’s Certificate and Opinion of Counsel, the Trustee shall execute any documents reasonably requested by the Company in order to evidence the release of the Guarantor from its obligations under the Guarantee.
Release of the Guarantee. The Guarantor shall be automatically and unconditionally released and discharged from all obligations under the Indenture and the Guarantee without any action required on the part of the Trustee or any Holder upon the occurrence of the Distribution (so long as the other transactions constituting the Spin-Off have occurred). The Guarantor’s Guarantee shall also terminate upon defeasance or discharge of the Notes, as provided in “Defeasance.”
Release of the Guarantee. The Guarantee will be automatically released upon:
(a) the sale of all or substantially all of the Guarantor’s assets to a Person that is not (either before or after giving effect to such transaction) the Company or a Subsidiary of the Company, so long as the sale or other disposition does not violate any provisions of Article 10 herein required to be performed at the time of such transaction;
(b) the satisfaction and discharge in full of the Company’s obligations under this Indenture in accordance with the terms of this Indenture; or
(c) in connection with the dissolution or liquidation of the Guarantor. As a condition precedent to any such release of the Guarantee, the Guarantor shall deliver to the Trustee an Officer’s Certificate and an Opinion of Counsel stating that all conditions provided for in this Indenture relating to such release have been complied with.
Release of the Guarantee. The Guarantor will be released and relieved of any obligations under the Subsidiary Guarantee upon:
(i) any sale or other disposition of all or substantially all of the assets of the Guarantor (including by way of merger or consolidation) to a Person that is not (either before or after giving effect to such transaction) an Affiliate of the Company, if the conditions set forth in clauses (i) and (ii) of Section 12.4 above are met; or
(ii) the defeasance of the Securities in accordance with Section 4.4 of this Indenture. Upon delivery by the Company to the Trustee of an Officers' Certificate and an Opinion of Counsel to the effect that such sale or disposition or such defeasance was made by the Company in accordance with the provisions of this Indenture, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantor from its obligations under the Subsidiary Guarantee.
Release of the Guarantee. In the event of lack of payment of the Rent Amount, of any charges, and/or of any related sums, or in the event of any contractual non-performance that triggers application of the fine set forth herein against the Lessee, the Developer Lessor may, always upon at least thirty (30) days’ advance notice to the lessee, request the release of the surety bond offered, it being understood that any differences still existing shall be offset in due time.
Release of the Guarantee. This Assignor Guarantee shall remain in full force and effect until the date all amounts payable in respect of the Guaranteed Obligations have been irrevocably repaid or paid in full (including, but not limited to, interest, fees and indemnities). Thereafter SEK shall, upon the Assignor’s request and cost (i) confirm in writing that it no longer has any claims hereunder and (ii) do all such things, take all such steps or actions and execute all such documents and/or declarations as may be necessary or appropriate to give effect to, evidence or perfect the full releases of the Assignor Guarantee.
Release of the Guarantee. The Guarantee will be automatically released, and the Guarantor’s obligations under the Guarantee will be automatically released and discharged, and, in each case, be of no future force and effect, upon the occurrence of any of the following events:
(A) the Company’s obligations under this Indenture are discharged in accordance with Article 10;
(B) the merger or consolidation of the Guarantor with the Company; or
(C) all remaining obligations to make payments or deliver other Exchange Consideration with respect to all Notes are discharged in full after the same has become due. For the avoidance of doubt, this Section 9.06 will not limit the operation of Section 5.09.
Release of the Guarantee. In addition to any provisions contained in the Indenture for release of a Guarantor's guarantee obligations, this Guarantee shall be automatically and unconditionally released and discharged, without any further action required on the part of the Trustee or any Holder, upon (i) the unconditional release of the Subsidiary Guarantor from its liability in respect of the Credit Agreement Guarantee; or (ii) any sale or other disposition (by merger or otherwise) to any Person which is not a Restricted Subsidiary of the Company of all of the Company's direct or indirect Capital Stock in, or all or substantially all of the assets of, such Restricted Subsidiary; provided that (a) such sale or disposition of such Capital Stock or assets is otherwise in compliance with the terms of the Indenture and (b) the Credit Agreement Guarantee has been released by the lenders under the Credit Agreement.
Release of the Guarantee. The Beneficiary shall promptly, without or upon request by the Guarantor, return its original of this Guarantee to the Guarantor upon complete and final discharge of all payment obligations of the Company under the Agreements, the Guarantor under this Guarantee or the discharge or termination of this Guarantee, whichever is the earliest.
Release of the Guarantee.
(a) The Developer may by notice to the Council, upon completion of any distinct stage of the construction of the Developer's Works or upon completion of all of the Developer's Works, request a partial release of the Guarantee.
(b) The Council may, by notice to the Developer, request that the Developer provide a Quantity Surveyor’s assessment of the costs of the Developer's Works and the actual Construction Cost before considering any request made by the Developer under paragraph (a).
(c) The Council must promptly, after receipt of any notice under paragraph
(a) and assessment under paragraph (b) either: