Termination of Security Documents Sample Clauses

Termination of Security Documents. Upon the consummation of a Qualified IPO, all of the Security Documents and Guarantees shall terminate and the Collateral Agent and the Holders irrevocably authorize and direct the Company, and any agent under their respective direction, at the sole expense of the Company, to (a) discharge any and all registrations and filings made in favor of the Holder or the Collateral Agent on behalf of the Holders, against the Company or its Subsidiaries (and any predecessor entities of or to the Company or its Subsidiaries) and any financing change statements filed in connection with such registrations; and (b) file any UCC financing statement terminations. [SIGNATURE PAGES FOLLOW]
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Termination of Security Documents. Upon the redemption of all of the Notes pursuant to the terms of the Indenture, all of the Security Documents shall terminate and the Collateral Agent and the Holders irrevocably authorize and direct the Company, and any agent under their respective direction, at the sole expense of the Company, to (a) discharge any and all registrations and filings made in favor of the Holder or the Collateral Agent on behalf of the Holders, against the Company or its Subsidiaries (and any predecessor entities of or to the Company or its Subsidiaries) and any financing change statements filed in connection with such registrations; and (b) file any UCC financing statement terminations. [SIGNATURE PAGES FOLLOW] CLEARWIRE CORPORATION By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- CLEARWIRE LLC By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- FIXED WIRELESS HOLDINGS, LLC By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- NEXTNET WIRELESS, INC. By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- CLEARWIRE SPECTRUM CORP. By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- SIGNATURES CONTINUED CLEARWIRE TECHNOLOGIES, INC. By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- CLEARWIRE COMMUNICATIONS, INC. By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- JONSSON COMMUNICATIONS, CORPORATION By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Officer --------------------------------- NEXTNET WIRELESS ASIA, INC. By: /s/ Xxxx Xxxxxx ------------------------------------ Name: Xxxx Xxxxxx ---------------------------------- Title: Chief Financial Office...
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Termination of Security Documents. Upon the distribution of the Pay-Down Amount by the Collateral Agent to the Banks and the Purchasers in the manner set forth in Section 1 hereof, the Security Documents shall be automatically terminated without further action by the parties, provided, that Section 8(e) of the Security Agreement and Section 10 of the Intercreditor Agreement shall each remain in full force and effect and shall not be terminated hereby.
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Termination of Security Documents. Upon the redemption of all of the Notes pursuant to the terms of the Indenture, all of the Security Documents shall terminate and the Collateral Agent and the Holders irrevocably authorize and direct the Company, and any agent under their respective direction, at the sole expense of the Company, to (a) discharge any and all registrations and filings made in favor of the Holder or the Collateral Agent on behalf of the Holders, against the Company or its Subsidiaries (and any predecessor entities of or to the Company or its Subsidiaries) and any financing change statements filed in connection with such registrations; and (b) file any UCC financing statement terminations.
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Termination of Security Documents. 11 Section 3.4 Releases............................................................................. 12 Section 3.5 Consent.............................................................................. 12
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Termination of Security Documents. 35 Section 10.6
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Termination of Security Documents. The parties hereto agree that the following documents shall be terminated contemporaneously with and as a condition of (i) the Closing (ii) the payment of the consideration set forth in Section 2.3 hereto, and (iii) the payment of the Promissory Note as set forth in Section 3.2 hereto, and the mutual obligations of the Company, Seller, Kremxxx xxx Filkxxxx, xx any of them, (a) incurred under the following documents or (b) otherwise incurred prior to the date hereof, shall be released:
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Termination of Security Documents. Seller and the Company shall have terminated the Security Documents as set forth in Section 3.3 hereto, and shall have obtained the release of the obligations of Seller, the Company, Kremxxx xxx Filkxxxx xxxreunder.
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Termination of Security Documents. Upon the termination of the Security Documents, PAG shall return all the Security Documents to Bidco or the applicable chargors or guarantors and take necessary actions to release all of PAG’s security interest created or effected by the Security Documents, including without limitation, charges over the issued shares of the Issuer, the Company, Bidco and TLC.
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Related to Termination of Security Documents

  • Termination of Security Interest Upon the full and final payment and performance of all Obligations of the Company under this Indenture and the Notes or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with Article 12 hereof, the Trustee will, at the request of the Company, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to release the Liens pursuant to this Indenture and the Security Documents.

  • Termination of Security Interests Upon the payment in full of the Obligations and satisfaction of all Borrower’s obligations under this Agreement and the other Loan Documents, and if Lender has no further obligations under its Commitment, the security interest granted hereby shall terminate and all rights to the Collateral shall revert to Borrower. Upon any such termination, the Lender shall, at Borrower’s expense, execute and deliver to Borrower such documents as Borrower shall reasonably request to evidence such termination.

  • Terms of Security Documents The following principles will be reflected in the terms of any security taken as part of this transaction:

  • Reaffirmation of Security Interest The Borrower hereby reaffirms as of the date hereof each and every security interest and Lien granted in favor of the Security Agent and the Banks under the Loan Documents, and agrees and acknowledges that such security interests and Liens shall continue from and after the date hereof and shall remain in full force and effect from and after the date hereof, in each case after giving effect to the Credit Agreement as amended by this Amendment, and the Obligations secured thereby and thereunder shall include the Borrower’s obligations under the Credit Agreement as amended by this Amendment. Each such reaffirmed security interest and Lien remains and shall continue to remain in full force and effect and is hereby in all respects ratified and confirmed.

  • Reaffirmation of Security Interests Each Loan Party (a) affirms that each of the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment does not in any manner impair or otherwise adversely affect any of the Liens granted in or pursuant to the Loan Documents.

  • Perfection of Security The Borrower must (at its own cost) take any action and enter into and deliver any document which is required by the Lender so that a Security Document provides for effective and perfected security in favor of any successor of the Lender, including (but not limited to), promptly after the date hereof:

  • Termination of Security Interests; Release of Collateral Upon payment in full of all Secured Obligations, the Security Interests shall terminate and all rights to the Collateral shall revert to Debtor. Upon such termination of the Security Interest or release of any Collateral, the Secured Party will, at the expense of Debtor, execute and deliver to Debtor such documents as Debtor shall reasonably request to evidence the termination of the Security Interest or the release of such Collateral, as the case may be.

  • SUBORDINATION OF SECURITIES 46 Section 1301 Securities Subordinate to Senior Indebtedness....................... 46 Section 1302 Payment Over of Proceeds Upon Dissolution, etc...................... 46 Section 1303 No Payment When Senior Indebtedness in Default...................... 47 Section 1304 Payment Permitted if No Default..................................... 48 Section 1305 Subrogation to Rights of Holders of Senior Indebtedness............. 48 Section 1306 Provisions Solely to Define Relative Rights......................... 48

  • Confirmation of Security Borrower hereby confirms and agrees that all of the Collateral Documents that presently secure the Obligations shall continue to secure, in the same manner and to the same extent provided therein, the payment and performance of the Obligations as described in the Original Credit Agreement as modified by this Amendment.

  • Duration of Security Interest Lender’s security interest in the Collateral shall continue until the payment in full and the satisfaction of all Obligations and termination of Lender’s commitment to fund any Loans, whereupon such security interest shall terminate. Lender shall, at Borrower’s sole cost and expense, execute such further documents and take such further actions as may be reasonably necessary to make effective the release contemplated by this Section 4.3, including duly executing and delivering termination statements for filing in all relevant jurisdictions under the Code.

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