Common use of Termination of Security Interest Clause in Contracts

Termination of Security Interest. Upon the full and final payment and performance of all Obligations of the Issuers under this Indenture and the Notes or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with ‎Article 8 and Article 12 hereof, the Trustee (or the Notes Authorized Representative on its behalf) will, at the request of the Issuers, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to, as applicable, either (a) release the Liens securing the Obligations pursuant to this Indenture and the Security Documents or (b) cease to be a party to the Security Documents on behalf of the Trustee and the Holders.

Termination of Security Interest. Upon the full and final payment and performance of all Obligations of the Issuers under this Indenture and the Notes (other than contingent Obligations in respect of which no claims have been made) or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with ‎Article Article 8 and Article 12 hereof, the Trustee (or the Notes Authorized Representative on its behalf) will, at the written request of the Issuers, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to, as applicable, either (a) release the Liens securing the Obligations pursuant to this Indenture and the Security Documents or (b) cease to be a party to the Security Documents on behalf of the Trustee and the Holders.

Termination of Security Interest. Upon the full and final payment and performance of all Obligations of the Issuers Issuer under this Indenture and the Notes or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with ‎Article 8 and Article 12 Eight hereof, the Trustee (or the Notes Authorized Representative on its behalf) will, at the request of the IssuersIssuer, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to, as applicable, either (a) release the Liens securing the Notes Obligations pursuant to this Indenture and the Security Documents or (b) cease to be a party to the Security Documents on behalf of the Trustee and the Holders.

Termination of Security Interest. Upon the full and final payment and performance of all Notes Obligations of the Issuers Company under this Indenture and the Notes or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with ‎Article Article 8 and Article 12 hereof, the Trustee (or the Notes Authorized Representative Collateral Agent on its behalf) will, at the request of the IssuersCompany, deliver a certificate to the Collateral Agent stating that such Notes Obligations have been paid in full, and instruct the Collateral Agent to, as applicable, either (a) release the Liens securing the Notes Obligations pursuant to this Indenture and the Security Collateral Documents or (b) cease to be a party to the Security Collateral Documents on behalf of the Trustee and the Holders.

Termination of Security Interest. Upon the full and final payment and performance of all Obligations of the Issuers Company under this Indenture and the Notes (other than contingent Obligations in respect of which no claims have been made) or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with ‎Article Article 8 and Article 12 hereof, the Trustee (or the Notes Authorized Representative on its behalf) will, at the written request of the IssuersCompany, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to, as applicable, either (a) release the Liens securing the Obligations pursuant to this Indenture and the Security Documents or (b) cease to be a party to the Security Documents on behalf of the Trustee and the Holders.

Termination of Security Interest. Upon the full and final payment and performance of all Obligations of the Issuers Company under this Indenture and the Notes or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with ‎Article Article 8 and or Article 12 hereof, the Trustee (or the Notes Authorized Representative on its behalf) will, at the request of the IssuersCompany, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to, as applicable, either (a) release the Liens securing the Obligations pursuant to this Indenture and the Security Documents or (b) cease to be a party to the Security Documents on behalf of the Trustee and the Holders.

Termination of Security Interest. Upon the full and final payment and performance of all Obligations of the Issuers under this Indenture and the Notes or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with ‎Article Article 8 and Article 12 9 hereof, the Trustee (or the Notes Authorized Representative on its behalf) will, at the request of the Issuers, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to, as applicable, either (a) release the Liens securing the Obligations pursuant to this Indenture and the Security Documents or (b) cease to be a party to the Security Documents on behalf of the Trustee and the Holders.