Common use of Release on Exercise of Option to Prepay Loan Clause in Contracts

Release on Exercise of Option to Prepay Loan. Upon the payment of all amounts due hereunder pursuant to any option to prepay the loan granted in this Agreement, the Issuer shall upon receipt of the prepayment, deliver to the Company, if necessary, a release from the Trustee of the lien of the Indenture.

Appears in 6 contracts

Samples: Loan Agreement (United States Steel Corp), Loan Agreement (United States Steel Corp), Agreement of Sale (United States Steel Corp)

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Release on Exercise of Option to Prepay Loan. Upon the payment of all amounts due hereunder pursuant to any option to prepay the loan granted in this Agreement, the Issuer shall shall, upon receipt of the prepayment, deliver to the Company, if necessary, a release from the Trustee of the lien of the Indenture.

Appears in 2 contracts

Samples: Loan Agreement (United States Steel Corp), Bond Amortization Agreement (United States Steel Corp)

Release on Exercise of Option to Prepay Loan. Upon the payment of all amounts due hereunder pursuant to any option to prepay the loan Loan granted in this Agreement, the Issuer shall upon receipt of the prepayment, deliver to the Company, if necessary, a release from the Trustee of the lien of the Indenture.. ARTICLE VII

Appears in 1 contract

Samples: Loan Agreement (United States Steel Corp)

Release on Exercise of Option to Prepay Loan. Upon the payment of all amounts due hereunder pursuant to any option to prepay the loan granted in this Agreement, the Issuer shall upon receipt of the prepayment, deliver to the Company, if necessary, a release from the Trustee of the lien of the Indenture. ARTICLE VII.

Appears in 1 contract

Samples: Loan Agreement (United States Steel Corp)

Release on Exercise of Option to Prepay Loan. Upon the payment of all amounts due hereunder pursuant to any option to prepay the loan Loan granted in this Agreement, the Issuer shall upon receipt of the prepayment, deliver to the Company, if necessary, a release from the Trustee of the lien of the Indenture.

Appears in 1 contract

Samples: Loan Agreement (United States Steel Corp)

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Release on Exercise of Option to Prepay Loan. Upon the payment of all amounts due hereunder pursuant to any option to prepay the loan granted in this Agreement, the Issuer shall upon receipt of the prepayment, deliver to the Company, if necessary, a release from the Trustee of the lien of the Indenture.. ARTICLE VII

Appears in 1 contract

Samples: Loan Agreement (United States Steel Corp)

Release on Exercise of Option to Prepay Loan. Upon the payment of all amounts due hereunder pursuant to any option to prepay the loan Loan granted in this Agreement, the Issuer shall shall, upon receipt of the prepayment, deliver to the Company, if necessary, a release from the Trustee of the lien of the Indenture.

Appears in 1 contract

Samples: Loan Agreement (United States Steel Corp)

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