Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 11 contracts
Samples: Security and Pledge Agreement (Good Times Restaurants Inc.), Security and Pledge Agreement (Usana Health Sciences Inc), Security and Pledge Agreement (Hain Celestial Group Inc)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 4 contracts
Samples: Security Agreement (Scholastic Corp), Security Agreement (Monster Worldwide, Inc.), Security Agreement (Schnitzer Steel Industries Inc)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative AgentLender, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 4 contracts
Samples: Security and Pledge Agreement (Bowman Consulting Group Ltd.), Security and Pledge Agreement, Security and Pledge Agreement (Inseego Corp.)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the security interest granted hereunder or under any other Collateral Document with respect to such Collateral shall be automatically released and the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for to evidence the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 3 contracts
Samples: Security and Pledge Agreement (TopBuild Corp), Security and Pledge Agreement (TopBuild Corp), Security and Pledge Agreement (TopBuild Corp)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor Obligor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such GrantorObligor, shall promptly execute and deliver to such Grantor Obligor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.reasonably
Appears in 2 contracts
Samples: Credit Agreement (Dean Foods Co), Credit Agreement (WHITEWAVE FOODS Co)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the lien on such Collateral shall be automatically released and the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for to further evidence and effect the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 2 contracts
Samples: Security and Pledge Agreement (Nuvasive Inc), Security and Pledge Agreement (Nuvasive Inc)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Collateral Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Security Document on such Collateral.
Appears in 2 contracts
Samples: Credit Agreement (Trinet Group Inc), Assignment and Assumption (Trinet Group Inc)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, documents and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 2 contracts
Samples: Security Agreement (Venus Concept Inc.), Security Agreement (Veracyte, Inc.)
Releases of Collateral. (ia) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such CollateralCollateral in accordance with Section 9.10 of the Credit Agreement.
Appears in 2 contracts
Samples: Collateral Agreement (Heartland Payment Systems Inc), Collateral Agreement (Heartland Payment Systems Inc)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor Obligor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such GrantorObligor, shall promptly execute and deliver to such Grantor Obligor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.such
Appears in 2 contracts
Samples: Security and Pledge Agreement, Security and Pledge Agreement (Nautilus, Inc.)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases releases, UCC termination statements and other documents, and take such other action, reasonably necessary for the termination and release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 2 contracts
Samples: Security Agreement (Amedisys Inc), Security Agreement (Amedisys Inc)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, Loan Agreement then the Administrative AgentLender, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Collateral Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Samples: Credit Agreement (Advanced Emissions Solutions, Inc.)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any the Grantor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such the Grantor, shall promptly execute and deliver to such the Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Releases of Collateral. (ia) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by under the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such CollateralCollateral in accordance with Section 9.10 of the Credit Agreement.
Appears in 1 contract
Releases of Collateral. (i) If any Collateral shall be sold, assigned, conveyed, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Purchase Agreement, then the Administrative Purchaser Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases releases, filings, and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Transaction Document on such Collateral.
Appears in 1 contract
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Liens and security interests of the Administrative Agent hereunder with respect to such Collateral shall automatically terminate, and the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, documents and take such other action, reasonably necessary for to evidence the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Samples: Security Agreement (Establishment Labs Holdings Inc.)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantor, shall promptly execute and 169074829v3 200207.000113 deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Samples: Security and Pledge Agreement (Bowman Consulting Group Ltd.)
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor the Borrower in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such Grantorthe Borrower, shall promptly execute and deliver to such Grantor the Borrower all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the A&R Credit Agreement, then the Administrative AgentLender, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the Administrative AgentLender, at the request and sole expense of such Grantor, shall promptly execute and deliver to such Grantor all releases and other documents, and take such other action, reasonably requested by such Grantor, necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.
Appears in 1 contract
Releases of Collateral. (i) If any Collateral shall be sold, transferred or otherwise disposed of by any Grantor Obligor in a transaction permitted by the Credit Agreement, then the Administrative Agent, at the request and sole expense of such GrantorObligor, shall promptly execute and deliver to such Grantor Obligor all releases and other documents, and take such other action, reasonably necessary for the release of the Liens created hereby or by any other Collateral Document on such Collateral.and
Appears in 1 contract
