Common use of Release; Termination of Agreement Clause in Contracts

Release; Termination of Agreement. (a) This Pledge Agreement shall terminate upon the earlier to occur of: (i) full and final payment and performance of the Obligations (and upon receipt by the Collateral Agent of Pledgor's written certification that all such Obligations have been satisfied) and payment in full of all fees and expenses owing by the Pledgor to the Collateral Agent, (ii) the day of the Legal Defeasance of all of the Obligations pursuant to Section 8.02 of the Indenture (other than those surviving Obligations specified therein) or (iii) such other termination date as is provided by the Indenture. At such time, the Collateral Agent shall, at the request of Pledgor, reassign and redeliver to Pledgor all of the Collateral hereunder that has not been sold, disposed of, retained or applied by the Collateral Agent in accordance with the terms hereof. Such reassignment and redelivery shall be without warranty by or recourse to the Collateral Agent, except as to the absence of any prior assignments by the Collateral Agent of its interest in the Collateral, and shall be at the expense of the Pledgors. (b) Pledgor agrees that it will not, except as permitted by the Indenture, sell or dispose of, or grant any option or warrant with respect to, any of the Collateral; provided, however, that if Pledgor shall sell any of the Collateral in accordance with the terms of the Indenture, the Collateral Agent shall, at the request of Pledgor and subject to requirements of Section 12.03 of the Indenture, release the Collateral subject to such sale free and clear of the Lien under this Pledge Agreement.

Release; Termination of Agreement. (a) This Pledge Subject to the provisions of Section 18.12 hereof, this Agreement shall terminate upon the earlier to occur of: (i) upon full and final payment and performance of the Obligations (and upon receipt by the Collateral Agent of the Pledgor's written certification that all such Obligations have been satisfied) and payment in full of all fees and expenses owing by the Pledgor to the Collateral Agent, Agent or (ii) on the day after the first anniversary of the Legal Defeasance of all of the Obligations pursuant to Section 8.02 of the Indenture (other than those surviving Obligations specified therein) or (iii) such other termination date as is provided by the Indenture). At such time, the Collateral Agent shall, at the request of the Pledgor, reassign and redeliver to the Pledgor all of the Pledged Collateral hereunder that has not been sold, disposed of, retained or applied by the Collateral Agent in accordance with the terms hereof. Such reassignment and redelivery shall be without warranty by or recourse to the Collateral Agent, except as to the absence of any prior assignments by the Collateral Agent of its interest in the Pledged Collateral, and shall be at the expense of the PledgorsPledgor. (b) The Pledgor agrees that it will not, except as permitted by the Indenture, sell or dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral; provided, however, that if the Pledgor shall sell any of the Pledged Collateral in accordance with the terms of the Indenture, including the requirement that Pledgor apply the Net Proceeds of such sale in accordance with Section 4.10 of the Indenture, the Collateral Agent shall, at the request of the Pledgor and subject to requirements of Section 12.03 10.03 of the Indenture, release the Pledged Collateral subject to such sale free and clear of the Lien and security interest under this Pledge Agreement.

Release; Termination of Agreement. (a) This Pledge Agreement shall terminate upon the earlier to occur of: (i) full and final payment and performance of the Obligations (and upon receipt by the Collateral Agent of Pledgor's written certification that all such Obligations have been satisfied) and payment in full of all fees and expenses owing by the Pledgor Pledgors to the Collateral Agent, (ii) the day of the Legal Defeasance of all of the Obligations pursuant to Section 8.02 of the Indenture (other than those surviving Obligations specified therein) or (iii) such other termination date as is provided by the Indenture. At such time, the Collateral Agent shall, at the request of any Pledgor, reassign and redeliver to such Pledgor all of the Collateral hereunder that has not been sold, disposed of, retained or applied by the Collateral Agent in accordance with the terms hereof. Such reassignment and redelivery shall be without warranty by or recourse to the Collateral Agent, except as to the absence of any prior assignments by the Collateral Agent of its interest in the Collateral, and shall be at the expense of the Pledgors. (b) Each Pledgor agrees that it will not, except as permitted by the Indenture, sell or dispose of, or grant any option or warrant with respect to, any of the Collateral; provided, however, that if any Pledgor shall sell any of the Collateral in accordance with the terms of the Indenture, the Collateral Agent shall, at the request of such Pledgor and subject to requirements of Section 12.03 10.03 of the Indenture, release the Collateral subject to such sale free and clear of the Lien under this Pledge Agreement.

Release; Termination of Agreement. (a) This Pledge Subject to the provisions of Section 18.12 hereof, this Agreement shall terminate upon the earlier to occur of: (i) upon full and final payment and performance of the Secured Obligations (and upon receipt by the Collateral Agent of Pledgorthe Company's written certification that all such Secured Obligations have been satisfied) and payment in full of all fees and expenses owing by the Pledgor Sponsor Pledgors to the Collateral Agent, Agent or (ii) on the day after the first anniversary of the Legal Defeasance of all of the Secured Obligations pursuant to Section 8.02 of the Indenture (other than those surviving Secured Obligations specified therein) or (iii) such other termination date as is provided by the Indenture). At such time, the Collateral Agent shall, at the request of Pledgorthe Sponsor Pledgors, reassign and redeliver to Pledgor the Sponsor Pledgors all of the Pledged Collateral hereunder that has not been sold, disposed of, retained or applied by the Collateral Agent in accordance with the terms hereof. Such reassignment and redelivery shall be without warranty by or recourse to the Collateral Agent, except as to the absence of any prior assignments by the Collateral Agent of its interest in the Pledged Collateral, and shall be at the expense of the Sponsor Pledgors. (b) Each Sponsor Pledgor agrees that it will not, except as permitted by the Indenture, sell or dispose of, or grant any option or warrant with respect to, any of the Pledged Collateral; provided, however, that if Pledgor shall sell any of the Collateral in accordance with the terms of the Indenture, the Collateral Agent shall, at the request of Pledgor and subject to requirements of Section 12.03 of the Indenture, release the Collateral subject to such sale free and clear of the Lien under this Pledge Agreement.

Release; Termination of Agreement. (a) This Pledge Agreement shall terminate upon the earlier to occur of: of (i) full and final payment and performance of the Obligations (and upon receipt by the Collateral Agent of Pledgor's written certification that all such Obligations have been satisfied) and payment in full of all fees and expenses owing by the Pledgor to the Collateral AgentSatisfaction Date, (ii) the latest of (x) the day of the Legal Defeasance of all of the Obligations owing to the Holders pursuant to Section 8.02 of the Indenture (other than those surviving Obligations owing to the Holders specified therein); and (y) or the date of payment in full of all Obligations, and (iii) the later of (x) such other termination date as is provided by in the IndentureIndenture and (y) the date of payment in full of all Obligations. At such time, the Collateral Agent shall, at the request of Pledgorthe Assignors, reassign and redeliver to Pledgor the Assignors all of the Collateral hereunder that has not been sold, disposed of, retained or applied by the Collateral Agent in accordance with the terms hereof. Such reassignment and redelivery shall be without warranty by or recourse to the Collateral Agent, except as to the absence of any prior assignments by the Collateral Agent of its interest in the Collateral, and shall be at the expense of the PledgorsAssignors. (b) Pledgor agrees Each of the Assignors agree that it they will not, except as permitted by the Indenture, sell or dispose of, or grant any option or warrant with respect to, any of the Collateral; provided, however, that if Pledgor any Assignor shall sell any of the Collateral in accordance with the terms of the Indenture, the Collateral Agent shall, at the request of Pledgor the Assignors and subject to requirements of Section 12.03 10.03 of the Indenture, release the Collateral subject to such sale free and clear of the Lien under this Pledge Agreement.