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 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.
Appears in 3 contracts
Samples: Assignment and Assumption, Assignment and Assumption (Homebanc Corp), Credit Agreement (Homebanc Corp)
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 Companies Company or their its designee promptly upon written request made by the Companies Company and at their its 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.
Appears in 1 contract
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 Companies Company or their its designee promptly upon written request made by the Companies Company and at their its 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.
Appears in 1 contract
Samples: Credit Agreement (Homebanc Corp)
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 Companies Company or their its designee promptly upon written request made by the Companies Company and at their its 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.
Appears in 1 contract
Samples: Credit Agreement (E Loan Inc)
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 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.
Appears in 1 contract
Samples: Sale and Servicing Agreement (American Business Financial Services Inc /De/)