Common use of Release Upon Termination of the Company’s Obligations Clause in Contracts

Release Upon Termination of the Company’s Obligations. In the event that the Company delivers to the Trustee, in form and substance acceptable to it, an Officer’s Certificate and an Opinion of Counsel certifying that all the obligations (including all Note Obligations) under this Indenture, the Notes and the Note Security Documents have been satisfied and discharged by the payment in full in cash of the Note Obligations, and all such obligations have been so satisfied or a Covenant Defeasance has been effected as set forth in Article 3 hereof, (i) the Liens granted pursuant to the Note Security Documents shall automatically terminate and be released, (ii) the Trustee shall deliver to the Company and the Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Collateral, and any rights it has under the Note Security Documents, and (iii) the Trustee and the Collateral Agent shall do or cause to be done all acts reasonably requested by the Company to evidence or give public notice of the release of such Lien as soon as is commercially reasonable.

Release Upon Termination of the Company’s Obligations. In the event that the Company delivers to the Trustee, in form and substance acceptable to it, an Officer’s Officers’ Certificate and an Opinion of Counsel certifying that all the obligations (including all Note Obligations) under this Indenture, the Notes and the Note Security Documents have been satisfied and discharged by the payment in full in cash of the Note Obligations, and all such obligations have been so satisfied or a Covenant Defeasance has been effected as set forth in Article 3 hereofsatisfied, (i) the Liens granted pursuant to the Note Security Documents shall automatically terminate and be released, (ii) the Trustee shall deliver to the Company and the Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Collateral, and any rights it has under the Note Security Documents, and (iii) the Trustee and the Collateral Agent shall do or cause to be done all acts reasonably requested by the Company to evidence or give public notice of the release of such Lien as soon as is commercially reasonable.

Release Upon Termination of the Company’s Obligations. In the event that the Company delivers to the Trustee, in form and substance acceptable to it, an Officer’s Certificate and an Opinion of Counsel certifying that all the obligations (including all Note Obligations) under this Indenture, the Notes and the Note Security Documents have been satisfied and discharged by the payment in full in cash of the Note Obligations, and all such obligations have been so satisfied or a Covenant Defeasance has been effected as set forth in Article 3 hereof, (i) the Liens granted pursuant to the Note Security Documents shall automatically terminate and be released, (ii) the Trustee shall deliver to the Company and the Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Collateral, and any rights it has under the Note Security Documents, and (iii) the Trustee and the Collateral Agent shall do or cause to be done all acts 156 reasonably requested by the Company to evidence or give public notice of the release of such Lien Xxxx as soon as is commercially reasonable.

Release Upon Termination of the Company’s Obligations. In the event that (i) all of the Company delivers to Obligations under the Trustee, in form and substance acceptable to it, an Officer’s Certificate and an Opinion of Counsel certifying that all the obligations (including all Note Obligations) under this Indenture, the Notes and the Note Security Documents have been satisfied and discharged by the payment in full in cash of the Note Obligations, and all such obligations have been so satisfied or a Covenant Defeasance has been effected as set forth in Article 3 hereof, (i) the Liens granted pursuant to the Note Security Documents shall automatically terminate and be releasedpaid, (ii) the Trustee shall deliver Notes have been discharged pursuant to Section 8.01, (iii) the Notes have been legally defeased pursuant to Section 8.02 or (iv) the covenants of the Notes have been defeased pursuant to Section 8.03, and the Company delivers an Officers' Certificate to that effect to the Company Trustee, then the Liens of the Security Documents on the Collateral shall be automatically released and the Collateral Agent shall execute all such instruments as shall be requested by the Company to release all the Collateral as to which a notice stating that security interest has been granted pursuant to this Indenture and the Trustee, on behalf Security Documents (other than any Collateral pledged as part of the Holders, disclaims and gives up any and all rights it has in trust required to defease or to discharge the Collateral, and any rights it has under the Note Security Documents, and (iii) the Notes). The Trustee and the Collateral Agent shall do or cause shall, at the direction and expense of the Company, take all necessary measures to effectuate such release, including, but not limited to, executing UCC-3 termination statements to be done all acts reasonably requested filed by the Company to evidence or give public notice of in the release of such Lien as soon as is commercially reasonableappropriate jurisdiction.

Release Upon Termination of the Company’s Obligations. In the event that the Company delivers to the Trustee, in form and substance acceptable to it, an Officer’s Certificate and an Opinion of Counsel certifying that all the obligations (including all Note Obligations) under this Indenture, the Notes and the Note Security Documents have been satisfied and discharged by the payment in full in cash of the Note Obligations, and all such obligations have been so satisfied or a Covenant Defeasance has been effected as set forth in Article 3 hereof, (i) the Liens granted pursuant to the Note Security Documents shall automatically terminate and be released, (ii) the Trustee shall deliver to the Company and the Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Collateral, and any rights it has under the Note Security Documents, and (iii) the Trustee and the Collateral Agent shall do or cause to be done all acts reasonably requested by the Company to evidence or give public notice of the release of such Lien as soon as is commercially reasonable.. 115