Common use of Return of Collateral After the Secured Obligations are Satisfied in Full Clause in Contracts

Return of Collateral After the Secured Obligations are Satisfied in Full. If any proceeds of Collateral remain after all Secured Obligations have been paid in full, Agent will deliver or direct the Deposit Takers to deliver such proceeds to NAI or other Persons entitled thereto by law.

Appears in 6 contracts

Samples: Pledge Agreement (Network Appliance Inc), Pledge Agreement (Network Appliance Inc), Pledge Agreement (Network Appliance Inc)

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Return of Collateral After the Secured Obligations are Satisfied in Full. If any proceeds of Collateral remain after all Secured Obligations have been paid in full, Agent will deliver or direct the Deposit Takers to deliver such proceeds to NAI Specialty Laboratories or other Persons entitled thereto by law.

Appears in 1 contract

Samples: Pledge Agreement (Specialty Laboratories)

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