Release of Transaction Securities Sample Clauses

Release of Transaction Securities. A release of any Security under the Security Documents other than in accordance with paragraph 9.7 of the Subscription Agreement or any specific Security Document, shall require prior written consent of the Holders and the holders of Amortized Bonds.
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Release of Transaction Securities. The Security Agent may at any time, acting on instructions of the other Secured Creditors, release any Transaction Securities in accordance with the terms of the Transaction Security Documents and the Security Agent Agreement. For the avoidance of doubt, any Transaction Security will always be released pro rata between the Secured Creditors and the remaining Transaction Security will continue to rank pari passu between the Secured Creditors as set forth in the Transaction Security Documents and the Security Agent Agreement.

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