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.
Appears in 10 contracts
Samples: Security Agreement (Securecare Technologies Inc), Security Agreement (Eclickmd Inc), Security Agreement (Securecare Technologies Inc)
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 Interests 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 Interests or the release of such Collateral, as the case may be.
Appears in 6 contracts
Samples: Security Agreement (Galaxy Minerals Inc), Security Agreement (PCS Research Technology Inc), Security Agreement (Donini Inc)
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 DebtorDebtor and Subsidiary. Upon such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of DebtorDebtor and Subsidiary, execute and deliver to Debtor and Subsidiary such documents as Debtor and Subsidiary shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 5 contracts
Samples: Security Agreement (Interiors Inc), Escrow Agreement (American International Petroleum Corp /Nv/), Security Agreement (Interiors Inc)
Termination of Security Interests; Release of Collateral. Upon payment the payment, performance or other satisfaction in full of all Secured the Obligations, the Security Interests shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of Debtor's expense, to the extent permitted by law, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 4 contracts
Samples: Security Interest Agreement (Rim Semiconductor CO), Security Interest Agreement (Rim Semiconductor CO), Security Interest Agreement (Ambient Corp /Ny)
Termination of Security Interests; Release of Collateral. Upon the indefeasible payment in full of all Secured Loan Obligations, the Security Interests shall terminate and all rights to in the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of Debtor's expense, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 3 contracts
Samples: 1 Security Agreement (Commodore Environmental Services Inc /De/), Security Agreement (Lanxide Corp), Security Agreement (International Cutlery LTD)
Termination of Security Interests; Release of Collateral. Upon payment the repayment and performance in full of all Secured the Obligations, the Security Interests shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the Debtor's expense of Debtorto the extent permitted by law, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case same may be.
Appears in 3 contracts
Samples: Term Loan Agreement (Network Six Inc), Security Agreement (International Dispensing Corp), Security Agreement (International Dispensing Corp)
Termination of Security Interests; Release of Collateral. Upon the payment in full of all of the Secured Obligations, the Security Interests shall terminate and all rights to the Collateral shall revert to Debtor. Upon any such termination of the such Security Interest or Interests and release of any the Collateral, the Secured Party willshall, at the expense of Debtor, (a) execute and deliver to Debtor such documents as Debtor shall are reasonably request necessary to evidence the termination of the such Security Interest or Interests and the release of such Collateral, as Collateral and (b) deliver any certificates evidencing the case may beShares and any other Collateral held by Secured Party or its nominees to Debtor.
Appears in 2 contracts
Samples: Option to Purchase (Karlton Terry Oil Co), Escrow Agreement (Karlton Terry Oil Co)
Termination of Security Interests; Release of Collateral. Upon payment the repayment in full of the Note and all Secured Obligationsother obligations secured hereby, the Security Interests Interest shall terminate and all rights to the Collateral shall revert to Debtor. Upon any such termination of the Security Interest or release of any Collateral, the Secured Party will, at the expense of Debtor's expense, 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.
Appears in 2 contracts
Samples: Security Agreement (Nostalgia Network Inc), Security Agreement (Concept Communications Inc)
Termination of Security Interests; Release of Collateral. Upon payment the repayment and performance in full of all Secured the Obligations, the Security Interests shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of Debtor's expense, to the extent permitted by law, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Tanners Restaurant Group Inc), Titan Motorcycle Co of America Inc
Termination of Security Interests; Release of Collateral. Upon payment the repayment and performance in full of all Secured the Obligations, the Security Interests Interest shall terminate and all rights to the Collateral shall revert to Debtorthe Borrower. Upon any such termination of the Security Interest or release of any Collateral, the Secured Party willParty, at the expense of DebtorBorrower' expense, will execute and deliver to Debtor the Borrower such documents as Debtor the Borrower shall reasonably request to evidence the termination of the Security Interest or the release of such Collateral, as the case may be.
Appears in 2 contracts
Samples: Security Agreement (Mikes Original Inc), Security Agreement (Mikes Original Inc)
Termination of Security Interests; Release of Collateral. Upon the indefeasible payment in full of all Secured Obligations, the Security Interests shall terminate and all rights to in the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of Debtor's expense, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Termination of Security Interests; Release of Collateral. Upon payment in full of all Secured Obligationsthe Notes, the Security Interests security interests granted hereunder shall terminate and all rights to the Collateral shall revert to Debtor. Upon such termination of the Security Interest security interests or release of any Collateral, the Secured Party will, at the expense of Debtor, Parties will execute and deliver to Debtor such documents as Debtor shall reasonably request to evidence the termination of the Security Interest such security interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Samples: Amended and Restated Security Agreement (Revcare Inc)
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 DebtorDebtors. Upon such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of DebtorDebtors, execute and deliver to Debtor Debtors such documents as Debtor Debtors shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Samples: Security Agreement (American International Petroleum Corp /Nv/)
Termination of Security Interests; Release of Collateral. Upon the payment or other satisfaction in full of the Obligations owed by Debtor to all Secured ObligationsParties, the Security Interests shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of Debtor’s expense, to the extent permitted by law, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Termination of Security Interests; Release of Collateral. Upon payment in full of all Secured Obligations, this Agreement shall terminate the Security Interests shall terminate and all rights to the Collateral shall revert to Debtor. Upon such termination of the Security Interest Interests 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 Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Termination of Security Interests; Release of Collateral. Upon the indefeasible payment in full of all Secured Obligations, the Security Interests shall terminate and all rights to in the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of Debtor’s expense, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Samples: Unit Purchase Agreement (Royal Energy Resources, Inc.)
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 Interests or release of any Collateral, the Secured Party will, at the expense of Debtor, execute and deliver to Debtor such documents (including the delivery of any termination notices for any Pledged Account) as Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Samples: Security Agreement (Zix Corp)
Termination of Security Interests; Release of Collateral. Upon payment in full of all Secured ObligationsObligations and the termination of all Commitments and Letters of Credit, the Security Interests shall terminate and all rights to the Collateral shall revert to Debtor. Upon such termination of the Security Interest Interests or release of any Collateral, the Secured Party Agent 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 Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Termination of Security Interests; Release of Collateral. Upon payment in full of all the Secured Obligations, the Security Interests security interests granted hereunder shall terminate and all rights to the Collateral shall revert to Debtor. Upon such termination of the Security Interest security interests or release of any Collateral, the Secured Party will, at the expense of Debtor, Parties will execute and deliver to Debtor such documents as Debtor shall reasonably request to evidence the termination of the Security Interest such security interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Samples: Amended and Restated Security Agreement (Revcare Inc)
Termination of Security Interests; Release of Collateral. Upon the payment in full of all Secured Obligations, the Security Interests shall terminate and all rights to in the Collateral shall revert to Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party Parties will, at the expense of Debtor' expense, execute and deliver to Debtor such documents as Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Samples: Security Agreement (Commodore Applied Technologies Inc)
Termination of Security Interests; Release of Collateral. Upon payment the repayment in full of the Notes and all Secured Obligationsother obligations secured hereby, the Security Interests Interest shall terminate and all rights to the Collateral shall revert to Debtor. Upon any such termination of the Security Interest or release of any Collateral, the Secured Party will, at the expense of Debtor's expense, 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.
Appears in 1 contract
Termination of Security Interests; Release of Collateral. Upon the payment or other satisfaction in full of all the Obligations owed by Debtor to the Secured ObligationsParty, the Security Interests shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the expense of Debtor's expense, to the extent permitted by law, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
Samples: Security Interest Agreement (Millennium Biotechnologies Group Inc)
Termination of Security Interests; Release of Collateral. Upon payment the repayment in full of all Secured the Obligations, the Security Interests shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination of the Security Interest Interests or release of any Collateral, the Secured Party will, at the Debtor’s expense of Debtorto the extent permitted by law, execute and deliver to the Debtor such documents as the Debtor shall reasonably request to evidence the termination of the Security Interest Interests or the release of such Collateral, as the case may be.
Appears in 1 contract
