Common use of Termination of Pledge Agreement Clause in Contracts

Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

Appears in 22 contracts

Samples: Pledge Agreement (Zwan Bryan J), Pledge Agreement (Zwan Bryan J), Pledge Agreement (Mafco Holdings Inc)

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Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract Stock Purchase Agreement and hereunder. Any Upon written confirmation by Secured Party of such fulfillment by Pledgor, any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Partythe Collateral Agent (or by the Securities Intermediary upon the instructions of the Collateral Agent), all at the request and expense of Pledgor.

Appears in 6 contracts

Samples: Pledge Agreement, Pledge Agreement (Goad Douglass C), Pledge Agreement (American International Group Inc)

Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Partythe Collateral Agent, all at the request and expense of Pledgor.

Appears in 2 contracts

Samples: Pledge Agreement (Safeguard Scientifics Inc Et Al), Pledge Agreement (Safeguard Scientifics Inc Et Al)

Termination of Pledge Agreement. This Agreement Upon the indefeasible payment in full of all Secured Obligations, the security interest granted hereby shall terminate and the all rights hereby granted by Pledgor in to the Collateral shall ceaserevert to the Pledgors, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Partyand, all at the request of Pledgors, Secured Party shall execute and expense deliver to Pledgors a written release and termination of Pledgorthis Agreement, subject to the Surviving Obligations.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Commerce Planet), Pledge and Security Agreement (Morlex Inc /Co)

Termination of Pledge Agreement. This Pledge Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract Secured Obligations and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

Appears in 2 contracts

Samples: Pledge Agreement (Welsh Carson Anderson Stowe Viii Lp), Pledge Agreement (Welsh Carson Anderson Stowe Viii Lp)

Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract Stock Purchase Agreement and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

Appears in 2 contracts

Samples: Pledge Agreement (Mafco Holdings Inc), Pledge Agreement (Mafco Holdings Inc)

Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor and Guarantor under the Securities Contract and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Gaylord Entertainment Co /De)

Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract Master Stock Purchase Agreement, under each Transaction Confirmation and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.by

Appears in 1 contract

Samples: Master Stock Purchase Agreement (Advanced Fibre Communications Inc)

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Termination of Pledge Agreement. This Pledge Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, cease and terminate and be void upon fulfillment satisfaction in full of all of the obligations of Pledgor under the Securities Contract and hereunderSecured Obligations. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Directv)

Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor for each Tranche under the Securities Contract Stock Purchase Agreement and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Partythe Collateral Agent, all at the request and expense of Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Mafco Holdings Inc)

Termination of Pledge Agreement. This Pledge Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of MBL and Pledgor under the Securities Contract Secured Obligations and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Macquarie Infrastructure Management (USA) INC)

Termination of Pledge Agreement. This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor for each Tranche under the Securities Contract Stock Purchase Agreement and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by the Collateral Agent and the Secured PartyParty and Collateral Agent shall execute all reasonably necessary documents to evidence such release and discharge, all at the request and expense of Pledgor.

Appears in 1 contract

Samples: Pledge Agreement (Soros George)

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