Common use of Release Upon Payment in Full Clause in Contracts

Release Upon Payment in Full. At such time as the Notes have been paid in full, all fees and expenses of the Trustee and the Collateral Agent with respect to the Notes have been paid in full, all obligations relating to this Indenture have been paid in full and all amounts owed to the Insurer pursuant to the Insurance Agreement have been paid in full, then, the Collateral Agent shall, upon the written request of the Issuer, release all liens and assign to Issuer (without recourse, representation or warranty) all right, title and interest of the Collateral Agent in and to the Collateral, and all proceeds thereof. The Collateral Agent and the Trustee shall execute and deliver such instruments of assignment, in each case without recourse, representation or warranty, as shall be reasonably requested by the Issuer to release the security interest of the Collateral Agent in the Collateral.

Release Upon Payment in Full. At such time as the Series 2008-A Notes have been paid in full, all amounts owing under the Note Purchase Agreement shall have been paid in full, all fees and expenses of the Trustee and the Collateral Agent with respect to the Series 2008-A Notes have been paid in full, all obligations relating to this Indenture have been paid in full and all amounts owed obligations relating to the Insurer pursuant to the Insurance Agreement Facility Documents have been paid in full, then, the Collateral Agent shall, upon the written request of the Issuer, release all liens Liens and assign to the Issuer (without recourse, representation or warranty) all right, title and interest of the Collateral Agent in and to the Collateral, and all proceeds thereof. The Collateral Agent and the Trustee shall execute and deliver such instruments of assignment, in each case without recourse, representation or warranty, as shall be reasonably requested directed by the Issuer to release the security interest of the Collateral Agent in the Collateral.

Release Upon Payment in Full. At such time as the Series 2008-A Notes have been paid in full, all amounts owing under the Note Purchase Agreement shall have been paid in full, all fees and expenses of the Trustee and the Collateral Agent with respect to the Series 2008-A Notes have been paid in full, all obligations relating to this Indenture have been paid in full and all amounts owed obligations relating to the Insurer pursuant to the Insurance Agreement Facility Documents have been paid in full, then, the Collateral Agent shall, upon the written request of the Issuer, release all liens Liens and assign to the Issuer (without recourse, representation or warranty) all right, title and interest of the Collateral Agent in and to the Collateral and the Membership Interest Collateral, and all proceeds thereof. The Collateral Agent and the Trustee shall execute and deliver such instruments of assignment, in each case without recourse, representation or warranty, as shall be reasonably requested directed by the Issuer to release the security interest of the Collateral Agent in the Collateral and the security interest of the Trustee in the Membership Interest Collateral.