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 in cash of all Secured Obligations, termination of all commitments of the Lenders under the Credit Agreement and the cash collateralization of the LC Exposure, the Security Interests shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination of the Security Interests or release of such Collateral, the Administrative Agent will promptly upon the Grantor’s request and contemporaneously with any refinancing of the Obligations, at the expense of the Borrower, execute and deliver to the Borrower such documents as the Grantors shall reasonably request, but without recourse or warranty to the Administrative Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. Upon the repayment in full in cash of all Secured Obligations, termination of all commitments of the Lenders Lender under the Credit Agreement and the cash collateralization of the LC ExposureAgreement, the Security Interests shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination of the Security Interests or release of such Collateral, the Administrative Agent Lender will promptly upon the Grantor’s Grantors’ request and contemporaneously with any refinancing of the Obligations, at the expense of the Borrower, (a) execute and deliver to the Borrower such documents as the Grantors shall reasonably request, but without recourse or warranty to the Administrative AgentLender, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral, and (b) assign and deliver to the Grantor any Collateral in the possession of Lender.

Termination of Security Interests; Release of Collateral. Upon the repayment in full in cash of all Secured ObligationsObligations (other than those Secured Obligations relating to the Hedging Obligations and indemnification obligations that survive termination of the Loan Documents), termination of all commitments of the Lenders under the Credit Agreement and the cash collateralization of the LC Exposure, the Security Interests shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination of the Security Interests or release of such Collateral, the Administrative Agent will promptly upon the Grantor’s request and contemporaneously with any refinancing of the Obligationswill, at the expense of the Borrower, execute and deliver to the Borrower such documents as the Grantors shall reasonably request, but without recourse or warranty to the Administrative Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. Upon the repayment in full in cash of all Secured Obligations (other than those Secured Obligations relating to the Hedging Obligations), termination of all commitments of the Lenders under the Credit Agreement and the cash collateralization of the LC Exposure, the Security Interests shall terminate and all rights to the Collateral shall revert to the Grantors. Upon any such termination of the Security Interests or release of such Collateral, the Administrative Agent will promptly upon the Grantor’s request and contemporaneously with any refinancing of the Obligationswill, at the expense of the Borrower, execute and deliver to the Borrower such documents as the Grantors shall reasonably request, but without recourse or warranty to the Administrative Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. (a) Upon the repayment in full in cash of all Secured Obligations, Obligations (other than contingent obligations for which no claim has been asserted) and termination of all commitments of the Lenders under the Credit Agreement and the cash collateralization of the LC ExposureAgreement, the Security Interests shall automatically terminate without delivery of any instrument or document or action of any Person and all rights to the Collateral shall revert to the Grantors. Upon any such termination of the Security Interests or release of such Collateral, the Administrative Agent will promptly upon the Grantor’s request and contemporaneously with any refinancing of the Obligationspromptly, at the expense of the Borrower, execute and deliver to the Borrower such releases, termination statements, agreements and other documents as the Grantors shall reasonably request, but without recourse or warranty to the Administrative Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. Upon the repayment in full in cash of all Secured Obligations, termination of all commitments of the Lenders under the Credit Agreement and the cash collateralization of the LC Exposure, the Security Interests shall terminate and all rights to the Collateral of the Grantors shall revert to the Grantors. At any time and from time to time prior to such termination of the Security Interests, the Collateral Agent may release any of the Grantors' Collateral with the prior written consent of the Required Lenders or all Lenders, as required under the Credit Agreement. Upon any such termination of the Security Interests or release of such Collateral, the Administrative Collateral Agent will promptly upon the Grantor’s request and contemporaneously with any refinancing of the Obligationswill, at the expense of the BorrowerGrantors, execute and deliver to the Borrower Grantors such documents as the Grantors shall reasonably request, but without recourse or warranty to the Administrative AgentCollateral Agent or any Secured Party, including but not limited to written authorization to file UCC-3 termination statements statements, to evidence the termination of the Security Interests in or the release of such Collateral, as the case may be.