Return of Collateral at End of Commitment Sample Clauses

Return of Collateral at End of Commitment. If (a) the Commitment shall have expired or been terminated, and (b) no Advances, interest or other obligations shall be outstanding and unpaid, the Lender shall deliver or release its security interest and shall deliver all Collateral in its possession to the Company at the Company's expense. The receipt of the Company for any Collateral released or delivered to the Company pursuant to any provision of this Agreement shall be a complete and full acquittance for the Collateral so returned, and the Lender shall thereafter be discharged from any liability or responsibility therefor.
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Return of Collateral at End of Commitment. If (i) the LendersCommitments to lend shall have expired or been terminated, and (ii) all Advances, interest or other amounts evidenced by the Senior Credit Notes or owing to any of the Lenders or the Agent under this Agreement, the Senior Credit Notes and the other Facilities Papers shall be fully paid and satisfied, then the Agent shall release the Collateral to the Companies or their designee promptly upon written request made by the Companies and at their cost, whereupon such released Collateral shall no longer be Pledged to the Agent and the relevant Company shall promptly receipt — or shall cause its designee to promptly receipt — for such released Collateral in writing to the Agent.
Return of Collateral at End of Commitment. If (a) both the Warehousing Commitment and the Term Loan Commitment shall have expired or been terminated, and (b) no Advances, interest or other Obligations shall be outstanding and unpaid, the Lender shall deliver or release its security interest and shall deliver all Collateral in its possession to the Company at the Company's expense. The receipt of the Company for any Collateral released or delivered to the Company pursuant to any provision of this Agreement shall be a complete and full acquittance for the Collateral so returned, and the Lender shall thereafter be discharged from any liability or responsibility therefor.
Return of Collateral at End of Commitment. If (a) the Commitments have expired or been terminated, and (b) no Warehousing Advances, interest or other Obligations are outstanding and unpaid, Administrative Agent will release its security interest and will deliver all Collateral in its possession to Borrower at Borrower’s expense. Borrower’s acknowledgement of receipt for any Collateral released or delivered to Borrower under any provision of this Agreement is a complete and full acquittance for the Collateral so returned, and Administrative Agent and Lenders are discharged from any liability or responsibility for such Collateral.
Return of Collateral at End of Commitment. If (i) the Lenders' Commitments to lend shall have expired or been terminated, and (ii) all Advances, interest or other amounts evidenced by the Senior Credit Notes or owing to any of the Lenders or the Agent under this Agreement, the Senior Credit Notes and the other Facilities Papers shall be fully paid and satisfied, then the Agent shall release the Collateral to the Company or its designee promptly upon written request made by the Company and at its cost, and the Company shall promptly receipt -- or shall cause its designee to promptly receipt -- for such released Collateral in writing to the Agent. Acceptance by the Company of any Collateral delivered to it pursuant to any provision of this Agreement (whether or not the recipient issues a receipt for it) or shipping by the Agent of Collateral in substantial compliance with shipping instructions given by the Company or its designee shall be a complete and full acquittance for the Collateral so delivered or shipped, and the Agent shall thereby be released and discharged from any and all liability or responsibility for it arising then or thereafter.
Return of Collateral at End of Commitment. If (i) the Lender's Commitment to lend shall have expired or been terminated, and (ii) all Advances, interest or other amounts evidenced by the Senior Credit Note or owing to the Lender under this Agreement, the Senior Credit Note and the other Credit Papers shall be fully paid and satisfied, then the Lender shall release the Collateral to the Borrowers or their designee promptly upon written request made by the Borrowers and at their cost, whereupon such released Collateral shall no longer be Pledged to the Lender and the Borrowers shall promptly receipt—or shall cause their designee to promptly receipt—for such released Collateral in writing to the Lender.
Return of Collateral at End of Commitment. If (a) the Commitment has expired or been terminated, and (b) no Advances, interest or other Obligations are outstanding and unpaid, the Agent will release its security interest and will deliver all Collateral in its possession to the Borrowers at the Borrowers’ expense. The Borrowers’ acknowledgment or receipt for any Collateral released or delivered to the Borrowers under any provision of this Agreement is a complete and full acquittance for the Collateral so returned, and the Agent is discharged from any liability or responsibility for that Collateral. The Agent hereby agrees, upon receipt of reasonable advance notice from the Borrowers, to execute and deliver or file such documents and to perform other actions reasonably necessary to release the Agent’s security interests when and as required in Section 3.3 and this Section 3.5.
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Return of Collateral at End of Commitment. If (i) the Commitment shall have expired or been terminated, and (ii) no Advances, interest or other amounts evidenced by the Note or due under this Agreement shall be outstanding and unpaid, the Bank shall promptly deliver or release all Collateral in its possession to the Company. The Bank shall also execute and deliver such assignments and other instruments and documents reasonably requested by the Company to vest title in the Collateral into the Company. The receipt of the Company for any Collateral released or delivered to the Company pursuant to any provision of this Agreement shall be a complete and full acquittance for the Collateral so returned.
Return of Collateral at End of Commitment. If (a) the Commitment ----------------------------------------- shall have expired or been terminated, and (b) no Advance Balance, interest or other Obligations shall be outstanding and unpaid, the Lender shall deliver or release its security interest and shall deliver all Collateral in its possession to the Company or its designee at the Company's expense, and shall execute and deliver instruments effecting release of such Collateral as described in Section 3.4(c) hereof. The receipt of the Company or its designee for any Collateral released or delivered to the Company or its designee pursuant to any provision of this Agreement shall be a complete and full acquittance for the Collateral so returned, and the Lender shall thereafter be discharged from any liability or responsibility therefor.
Return of Collateral at End of Commitment. If all monetary Obligations shall have been fully paid and satisfied, then Administrative Agent shall release (or instruct the Custodian to release) the Collateral to Borrower or its designee promptly upon written request made by Borrower and at its cost, whereupon such released Collateral shall no longer be pledged to Administrative Agent, and Borrower shall promptly receipt (or shall cause its designee to promptly receipt) for such released Collateral in writing to Administrative Agent. Acceptance by Borrower of any Collateral delivered to it pursuant to any provision of this Agreement (whether or not the recipient issues a receipt for it) or shipping by Administrative Agent in substantial compliance with shipping instructions given by Borrower or its designee shall be a complete and full acquittance for the Collateral so delivered or shipped, and Administrative Agent shall thereby be released and discharged from any and all liability or responsibility for it first arising then or thereafter (except liability for Administrative Agent’s own gross negligence or willful misconduct, in each case.)
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