Common use of Termination of Pledge Agreement Clause in Contracts

Termination of Pledge Agreement. Upon the payment and performance in full of all amounts due under the Note, the Pledgee shall deliver to the Pledgor the Collateral in its possession and this Agreement thereupon shall be terminated.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Altair International Inc), Stock Pledge Agreement (Altair International Inc)

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Termination of Pledge Agreement. Upon the indefeasible and final payment and performance in full of all amounts due of the Pledgor's obligations under the Promissory Note, the Pledgee shall deliver to the Pledgor Pledgor, without recourse to or warranty by Pledgee, the Collateral in its possession and this Pledge Agreement thereupon shall be terminated.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Mathews Paul D), Restricted Stock Agreement (Pascal Andrew S)

Termination of Pledge Agreement. Upon Pledgee shall deliver to Pledgor the Collateral in its possession and this Pledge Agreement thereupon shall terminate upon the the payment and performance in full of all amounts due under the Note, the Pledgee shall deliver to the Pledgor the Collateral in its possession of Borrower's Obligations and this Agreement thereupon shall be terminatedPledgor's Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Paging Partners Corp)

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Termination of Pledge Agreement. Upon the payment and performance in full of all amounts due under of the NoteObligations, the Pledgee shall deliver to the Pledgor the Collateral in its possession and this Pledge Agreement thereupon shall be terminated.

Appears in 1 contract

Samples: Term Note (Wintrust Financial Corp)

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