Common use of Retention of Security Clause in Contracts

Retention of Security. the Security Agent may retain this Deed, any --------------------- security hereby created and any document deposited with it hereunder until it is satisfied that such condition has been or will be fulfilled; and this Clause 22.4 (Release of Charge Conditional) shall survive the discharge of this Deed unless the Security Agent expressly agrees otherwise in writing.

Appears in 2 contracts

Samples: Credit Agreement (Hawker Pacific Aerospace), Facility Agreement (Hawker Pacific Aerospace)

AutoNDA by SimpleDocs

Retention of Security. the Security Agent may retain this Deed, any --------------------- security hereby created and any document deposited with it hereunder until it is satisfied that such condition has been or will be fulfilled; and this Clause 22.4 (Release of Charge Conditional) 19.4 shall survive the discharge of this Deed unless the Security Agent expressly agrees otherwise in writing.

Appears in 2 contracts

Samples: Facility Agreement (Hawker Pacific Aerospace), Credit Agreement (Hawker Pacific Aerospace)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!