Common use of Termination of Security Interests Clause in Contracts

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.

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 's expense, execute and deliver to Borrower such documents as Borrower shall reasonably request to evidence such termination.

Termination of Security Interests. Upon the indefeasible payment in full of the Obligations (other than contingent indemnification obligations) and satisfaction of all Borrower’s obligations under this Agreement and the other Loan Documents, and if Lender has Lenders have no further obligations under its Commitmenttheir respective Commitments, the security interest granted hereby shall terminate and all rights to the Collateral shall revert to Borrower. Upon any such termination, the Lender Agent shall, at Borrower’s expense, execute and deliver to Borrower such documents as Borrower shall reasonably request to evidence such termination.

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 's reasonable expense, execute and deliver to Borrower such documents as Borrower shall reasonably request to evidence such termination.

Termination of Security Interests. Upon the payment When and only when Borrower shall have indefeasibly paid and performed in full of all the Obligations Secured Indebtedness then outstanding and satisfaction of all Borrower’s obligations under this Agreement and the other Loan Documents, and if Lender has no further obligations under its Commitmentinterest accrued thereon, the security interest interests granted hereby to Lender pursuant to Section 1.1 shall terminate and all rights to the Collateral shall revert to Borrower. Upon any such termination, the Lender shalland, at the request and expense of Borrower’s expense, Lender will execute and deliver to Borrower such documents written evidence thereof, including termination statements, and take such other action as Borrower shall may reasonably request to evidence such terminationrequest.

Termination of Security Interests. Upon the payment in full of the Obligations and satisfaction of all Borrower’s Borrowers’ 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 BorrowerBorrowers. Upon any such termination, the Lender shall, at Borrower’s Borrowers’ expense, execute and deliver to Borrower Borrowers such documents as Borrower Borrowers shall reasonably request to evidence such termination.

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 DocumentsDocuments (except any unasserted indemnification obligations), 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.

Termination of Security Interests. Upon the payment in full of the Obligations and satisfaction of all Borrower’s 's obligations under this Agreement and the other Loan DocumentsDocuments (other than Obligations under the Warrant), 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 's expense, execute and deliver to Borrower such documents as Borrower shall reasonably request to evidence such termination.

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

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 reasonable expense, execute and deliver to Borrower such documents as Borrower shall reasonably request to evidence such termination.

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.

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 's expense, execute and deliver to Borrower such documents as Borrower shall reasonably request to evidence such termination.