Common use of Termination and Releases Clause in Contracts

Termination and Releases. (a) Upon the termination of, and payment in full of all of the Borrower Obligations (subject to the provisions in section 9.14(a) of the Existing RHDI Credit Agreement. Existing Dex East Credit Agreement, Existing Dex West Credit Agreement and Existing SuperMedia Credit Agreement, as applicable) under the Dex East Loan Documents, the Dex West Loan Documents, the RHDI Loan Documents or the SuperMedia Loan Documents, as the case may be (in each case other than as a result of any Refinancing), the guarantees provided in Section 2.1 with respect to such Borrower Obligation(s) (and only such Borrower Obligations) shall be automatically and unconditionally released, discharged and terminated (subject to Section 2.6) and each Guarantor guaranteeing such Borrower Obligations shall be released from its obligations hereunder with respect to such Borrower Obligations (other than those obligations that are expressly stated to survive such termination or release), in each case without any consent of any Credit Parties, any Administrative Agent or the Subordinated Guarantee Agent.

Appears in 5 contracts

Samples: Credit Agreement (Dex Media, Inc.), Credit Agreement (Dex Media, Inc.), Loan Agreement (Dex Media, Inc.)

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