Common use of Termination of Security Interests; Release of Collateral Clause in Contracts

Termination of Security Interests; Release of Collateral. Upon the repayment in full of all Secured Obligations and the termination of the Commitments under the Credit Agreement, the Security Interests shall terminate and all rights to the Collateral shall revert to the Pledgors. At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit Agreement. Upon any such termination of the Security Interests or release of Collateral, the Collateral Agent will, at the expense of the Pledgors, execute and deliver to the Company such documents as the Company shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.

Termination of Security Interests; Release of Collateral. Upon the repayment in full of all Secured Obligations (other than contingent indemnity or similar claims not yet asserted) and the termination of the Commitments Commitment under the Credit Agreement, the Security Interests shall terminate and all rights to the Collateral shall revert to the PledgorsCompany. At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit AgreementLenders. Upon any such termination of the Security Interests or release of Collateral, the Collateral Agent will, at the expense of the PledgorsCompany, execute and deliver to the Company such documents as the Company shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.

Termination of Security Interests; Release of Collateral. Upon the repayment in full of all Secured Obligations (other than contingent indemnity or similar claims not yet asserted) and the termination of the Commitments Commitment under the Credit Agreement, the Security Interests shall terminate and all rights to the Collateral shall revert to the Pledgors. At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit AgreementRequired Lenders. Upon any such termination of the Security Interests or release of Collateral, the Collateral Agent will, at the expense of the Pledgors, execute and deliver to the Company Pledgors such documents as the Company Pledgors shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.

Termination of Security Interests; Release of Collateral. Upon the repayment in full of all Secured Obligations (other than contingent indemnity or similar claims not yet asserted) and the termination of the Commitments Commitment under the Credit Agreement, the Security Interests shall terminate and all rights to the Collateral shall revert to the PledgorsCompany. At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit AgreementRequired Lenders. Upon any such termination of the Security Interests or release of Collateral, the Collateral Agent will, at the expense of the PledgorsCompany, promptly execute and deliver to the Company such documents as the Company shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.

Termination of Security Interests; Release of Collateral. Upon the repayment in full of all Secured Obligations (other than contingent indemnity or similar claims not yet asserted) and the termination of the Commitments Commitment under the Credit Agreement, the Security Interests shall terminate and all rights to the Collateral shall revert to the PledgorsPledgor. At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit AgreementLenders. Upon any such termination of the Security Interests or release of Collateral, the Collateral Agent will, at the expense of the PledgorsPledgor, execute and deliver to the Company Pledgor such documents as the Company Pledgor shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.

Termination of Security Interests; Release of Collateral. Upon the repayment payment and performance in full of all Secured Obligations and the termination of the Commitments under the Credit Agreement, the Security Interests security interests granted herein shall automatically terminate and all rights to the Pledged Collateral shall revert to the Pledgorseach Company (as applicable). At any time and from time to time prior to Upon such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit Agreement. Upon any such termination of the Security Interests security interests or release of any Pledged Collateral, the Collateral Agent will, at the expense of the PledgorsCompanies, return to each Company (as applicable) all Pledged Collateral then in Agent's possession and execute and deliver to the each Company (as applicable) such documents as the such Company shall reasonably request to evidence the termination of the Security Interests security interests or the release of such Collateral, as the case may bePledged Collateral which has not yet theretofore been sold or otherwise applied or released. Such release shall be without recourse or warranty to Agent.

Termination of Security Interests; Release of Collateral. (a) Upon the repayment in full of all Secured Obligations and the termination of the Commitments under the Credit AgreementNotes, the Security Interests shall terminate and all rights to the Collateral shall revert to the Pledgors. Pledgor. (b) At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release all or any part of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit Note Purchase Agreement. , whereupon the Security Interests in such released Collateral shall terminate and the rights to such released Collateral shall revert to the Pledgor. (c) Upon any such termination of the Security Interests Interest or release of Collateral, the Collateral Agent will, at the expense of the PledgorsPledgor, execute and deliver to the Company Pledgor such documents as the Company Pledgor shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.

Termination of Security Interests; Release of Collateral. Upon the repayment in full of all Secured Obligations and the termination of the Commitments under the Credit Agreement, the Security Interests shall terminate and all rights to the Collateral shall revert to the PledgorsLTC. At any time and 10 213 from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit AgreementLenders. Upon any such termination of the Security Interests or release of Collateral, the Collateral Agent will, at the expense of the PledgorsLTC, execute and deliver to the Company LTC such documents as the Company LTC shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.

Termination of Security Interests; Release of Collateral. Upon the repayment in full of all Secured Obligations and the termination of the Commitments under the Credit AgreementObligations, the Security Interests shall terminate and all rights to the Collateral shall revert to the PledgorsCompany. At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Collateral with the prior written consent of the Secured Parties; provided, that there shall be an automatic release of Collateral of a Subsidiary sold in accordance with Section 5.05 of the Credit AgreementRequired Purchasers. Upon any such termination of the Security Interests or release of Collateral, the Collateral Agent will, at the expense of the PledgorsCompany, execute and deliver to the Company such documents as the Company shall reasonably request to evidence the termination of the Security Interests or the release of such Collateral, as the case may be.