Release upon Sale. Upon any sale by the Borrower of a Subsidiary permitted by this Agreement, such Subsidiary shall automatically and without further action by any Lender or the Agent be released from its Obligations, if any, as a Guarantor hereunder.
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Release upon Sale. Upon any sale by the Borrower of a Subsidiary permitted by this Agreement, such Subsidiary shall automatically and without further action by any Lender Bank or the either Agent be released from its Obligationsobligations, if any, as a Guarantor hereunder.
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Release upon Sale. Upon any sale by the Borrower of a Subsidiary permitted by this Agreement, such Subsidiary shall automatically and without further action by any Lender or the Agent be released from its Obligationsobligations, if any, as a Guarantor hereunder.
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Release upon Sale. Upon any sale by the Borrower of a Subsidiary permitted by and in compliance with this Agreement, such Subsidiary shall automatically and without further action by any Lender Bank or the Agent be released from its Obligationsobligations, if any, as a Guarantor hereunder.
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Samples: Senior Reducing Revolving Credit Facility (Bellwether Exploration Co)
