Common use of Specified Releases of Collateral Clause in Contracts

Specified Releases of Collateral. (a) Collateral shall be released from the Liens created by the Collateral Documents at any time or from time to time in accordance with the provisions of the Collateral Documents and the Intercreditor Agreement or as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 1 contract

Samples: Intercreditor Agreement (Thermon Holding Corp.)

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Specified Releases of Collateral. (a) Collateral shall be released from the Liens created by the Collateral Documents Agreements at any time or from time to time in accordance with the provisions of the Collateral Documents and the Intercreditor Agreement Agreements or as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 1 contract

Samples: Pledge and Security Agreement (Marti Technologies, Inc.)

Specified Releases of Collateral. (a) Collateral shall be released from the Liens created by the Collateral Loan Documents at any time or from time to time in accordance with the provisions of the Collateral Loan Documents and the Intercreditor Agreement or as provided in this IndentureAgreement. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 1 contract

Samples: Credit Agreement (TMX Finance LLC)

Specified Releases of Collateral. (a) Collateral shall be released from the Liens created by the Collateral Security Documents at any time or from time to time in accordance with the provisions of the Collateral Security Documents and the Intercreditor Agreement or as provided in this IndentureAgreement. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement (Appgate, Inc.)

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Specified Releases of Collateral. (a) Collateral shall may be released from the Liens Lien and security interest created by the Collateral Documents Agreements at any time or from time to time in accordance with the provisions of the Collateral Documents and the Intercreditor Agreement Agreements or as provided in this Indenture. The Upon the written request of the Company, the Company and the Guarantors will be entitled to releases of assets included in the Collateral from the Liens securing the Obligations under the Notes and the Note Guarantees, and the Collateral Agent shall be automatically released without release the need for any further action by any Person same from such Liens, under any one or more of the following circumstances:

Appears in 1 contract

Samples: Indenture (Interhealth Facility Transport, Inc.)

Specified Releases of Collateral. (a) Collateral shall be released from the Liens created by the Collateral Documents at any time or from time to time in accordance with the provisions of the Collateral Documents and the Intercreditor Agreement or Agreement, if any, and as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 1 contract

Samples: Intercreditor Agreement (Stonemor Inc.)

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