Common use of Termination or Release Clause in Contracts

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 5 contracts

Samples: Second Lien Credit Agreement (STR Holdings LLC), Guarantee and Collateral Agreement (Clearlake Capital Partners, LLC), Second Lien Credit Agreement (STR Holdings (New) LLC)

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Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Credit Agreement Obligations have been indefeasibly paid in full (other than inchoate indemnity obligations) and the Lenders have no Lender has any further commitment to lend make Loans under the Credit Agreement.

Appears in 4 contracts

Samples: Security Agreement (Madison Square Garden Sports Corp.), Security Agreement, Security Agreement (Madison Square Garden Co)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate and be automatically released when all the Obligations (excluding contingent obligations as to which no claim has been made) have been indefeasibly paid in full in cash and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Navistar International Corp), Agreement (Navistar International Corp), Credit Agreement (Navistar International Corp)

Termination or Release. (a) This Agreement, the guarantees made herein, Agreement and the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby Interest shall terminate when all the Obligations have been indefeasibly paid in full in cash and the Lenders shall have no further commitment to lend obligations under the Credit AgreementLoan Documents.

Appears in 2 contracts

Samples: Form of Americold Security Agreement (Americold Corp /Or/), Form of Americold Services Corporation Security Agreement (Americold Corp /Or/)

Termination or Release. (a) This Agreement, the guarantees pledges made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate with respect to all Loan Obligations when all the outstanding Loan Obligations (other than contingent or unliquidated obligations or liabilities) have been indefeasibly paid in full in cash or immediately available funds and the Lenders have no further commitment to lend under the Credit AgreementTerm Loan Agreement (the “Discharge Date”).

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Realogy Group LLC), Guarantee and Collateral Agreement (Realogy Group LLC)

Termination or Release. (a) This Agreement, Guarantee and the guarantees guarantee made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate with respect to all Secured Obligations when all the outstanding Secured Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Facility Agreement.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Equinix Inc)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall automatically terminate when all the Obligations (other than unmatured or inchoate indemnity obligations) have been indefeasibly paid in full in cash and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Oscar Health, Inc.), Credit Agreement (Oscar Health, Inc.)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the then existing Loan Document Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Second Lien Credit Agreement.

Appears in 2 contracts

Samples: Intercreditor Agreement (Hawkeye Holdings, Inc.), Intercreditor Agreement (Hawkeye Holdings, Inc.)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interestpledges made herein, the pledge of the Pledged Collateral Security Interest and all other security interests granted hereby shall terminate when all the Term Credit Obligations (other than contingent or unliquidated obligations or liabilities with respect to which no claim has been asserted) have been indefeasibly paid in full in cash or immediately available funds and the Lenders have no further commitment to lend under the Term Credit Agreement.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Noranda Aluminum Holding CORP), Credit Agreement (Noranda Aluminum Holding CORP)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Revolver Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Revolving Credit Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Memc Electronic Materials Inc), Revolving Credit Agreement (Memc Electronic Materials Inc)

Termination or Release. (a1) This Agreement, the guarantees made herein, the Security Interestpledges made herein, the pledge of the Pledged Collateral Security Interest and all other security interests granted hereby shall automatically terminate and be released when all the Secured Obligations have been indefeasibly paid Paid in full and Full, the Lenders have no further commitment to lend under the Credit AgreementAgreement and all Letters of Credit have been returned (or cash collateralized on terms satisfactory to the applicable Issuing Bank).

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Amneal Pharmaceuticals, Inc.), Guarantee and Collateral Agreement (Impax Laboratories, LLC)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge grant of security interest in the Pledged Collateral and all other security interests granted hereby shall terminate when upon the payment in full in cash of the Loans and all the other Loan Document Obligations have been indefeasibly paid in full (other than unasserted contingent and the Lenders have no further commitment to lend indemnification obligations), termination of all Commitments and Incremental Commitments and reduction of all exposure under any letters of credit issued under the Credit AgreementAgreement to zero (or the making of other arrangements satisfactory to the issuers thereof).

Appears in 2 contracts

Samples: Credit Agreement (Resolute Forest Products Inc.), Intercreditor Agreement (AbitibiBowater Inc.)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (McDermott International Inc), Pledge Agreement (McDermott International Inc)

Termination or Release. (a1) This Agreement, the guarantees made herein, the Security Interestpledges made herein, the pledge of the Pledged Collateral Security Interest and all other security interests granted hereby shall automatically terminate and be released when all the Secured Obligations have been indefeasibly paid Paid in full Full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 2 contracts

Samples: Collateral Agreement, Execution Version (Amneal Pharmaceuticals, Inc.)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all terminate, and the Obligations have been indefeasibly paid Loan Parties shall automatically be released from their obligations hereunder, upon payment in full and in cash of all Obligations (other than contingent indemnification obligations in respect of which no claim has been asserted by the Lenders have no further commitment to lend under the Credit AgreementPerson entitled thereto).

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Rentech Inc /Co/), Guarantee and Collateral Agreement (Rentech Inc /Co/)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Triton PCS Inc), Pledge Agreement (Ryder TRS Inc)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interestpledges made herein, the pledge of the Pledged Collateral Security Interest and all other security interests granted hereby shall terminate when all the Obligations (other than Obligations in respect of Specified Hedge Agreements, Cash Management Obligations and contingent indemnification and reimbursement obligations, in each case, that are not yet due and payable and for which no claim has been asserted) have been indefeasibly paid in full in cash or immediately available funds and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 2 contracts

Samples: Collateral Agreement (AZEK Co Inc.), Guarantee and Collateral Agreement (Smart & Final Stores, Inc.)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Loan Document Obligations have been indefeasibly paid Paid in full Full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Affinia Group Intermediate Holdings Inc.), Guarantee and Collateral Agreement (Affinia Group Intermediate Holdings Inc.)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interestpledges made herein, the pledge of the Pledged Collateral Security Interest and all other security interests granted hereby shall terminate when all the Obligations (other than contingent indemnification and reimbursement obligations, in each case, that are not yet due and payable and for which no claim has been asserted) have been indefeasibly paid in full in cash or immediately available funds and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 2 contracts

Samples: Term Loan Guarantee and Collateral Agreement (CPG Newco LLC), Term Loan Guarantee and Collateral Agreement (CPG Newco LLC)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, Agreement and the pledge of the Pledged Collateral and all other security interests granted interest created hereby shall terminate when all upon indefeasible full payment of the Obligations have been indefeasibly paid in full and accordance with the Lenders have no further commitment to lend under terms of the Credit Loan Agreement.

Appears in 2 contracts

Samples: Pledge Agreement, Pledge Agreement (Industrial Services of America Inc)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge grant of a security interest in the Pledged Collateral and all other security interests granted hereby shall terminate when upon the payment in full in cash of the Loans and all the other Loan Documents Obligations have been indefeasibly paid in full (other than unasserted contingent and the Lenders have no further commitment to lend indemnification obligations), termination of all Commitments and Incremental Revolving Commitments and reduction of all exposure under any letters of credit issued under the Credit AgreementAgreement to zero (or the making of other arrangements satisfactory to the issuers thereof).

Appears in 2 contracts

Samples: Credit Agreement (SMURFIT-STONE CONTAINER Corp), Credit Agreement (Smurfit Stone Container Corp)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall automatically terminate when all the Loan Document Obligations (other than unmatured indemnification obligations) have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Second Lien Guarantee and Collateral Agreement (RedPrairie Holding, Inc.)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Secured Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Collateral Agreement (American Axle & Manufacturing Holdings Inc)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Revolving Credit Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Revolving Credit Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Memc Electronic Materials Inc)

Termination or Release. (a) This Agreement, Agreement and the guarantees guarantee made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee (Charter Communications, Inc. /Mo/)

Termination or Release. (a) This Agreement, the guarantees made herein, Security Agreement and the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby Interest shall terminate when all the Obligations (other than contingent or indemnification obligations not then due) have been indefeasibly paid in full and the Lenders and the Issuing Bank have no further commitment to lend extend credit under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Insight Communications Co Inc)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, Agreement and the pledge of the Pledged Collateral and all other security interests granted interest created hereby shall terminate when all upon Full Payment of the Obligations have been indefeasibly paid in full and accordance with the Lenders have no further commitment to lend under terms of the Credit Loan Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Movado Group Inc)

Termination or Release. (ak) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall automatically terminate when all the Obligations have been indefeasibly paid in full (other than unasserted indemnification, tax gross up, expense reimbursement or yield protection obligations, in each case for which no claim has been made, and other contingent obligations that survive the repayment of the Loans) and the Lenders have no further commitment to lend under the Term Loan Credit Agreement.

Appears in 1 contract

Samples: Term Loan Credit Agreement (SunCoke Energy Partners, L.P.)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall automatically terminate when all the Obligations (except for contingent indemnification obligations) have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Second Lien Credit Agreement.

Appears in 1 contract

Samples: Second Lien Guarantee and Collateral Agreement (Itc Deltacom Inc)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Loan Document Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Allegiant Travel CO)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have Lender has no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ener1 Inc)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Loan Document Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Dennys Corp)

Termination or Release. (a) This Agreement, the guarantees made hereinGuarantees, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Loan Document Obligations (other than (i) wholly contingent indemnification obligations or (ii) compensation obligations with respect to increased costs or reductions in amounts received or receivable or reductions in return on capital pursuant to Section 2.14(d) of the Credit Agreement) then due and owing have been indefeasibly paid in full in cash and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Buffets Holdings, Inc.)

Termination or Release. (a) (i) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement. (ii) This Agreement shall terminate and be superseded in all respects by the Collateral Agreement upon its execution.

Appears in 1 contract

Samples: Share Pledge Agreement (CGG Veritas)

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Termination or Release. (a) This Agreement, Agreement and the guarantees guaranty made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate with respect to all Obligations when all the outstanding Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend or extend credit under the Credit Agreement.

Appears in 1 contract

Samples: Kansas City Power & Light Co

Termination or Release. (a) This Agreement, the guarantees pledges made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under in cash in accordance with Section 1.15 of the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Lannett Co Inc)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interestpledges made herein, the pledge of the Pledged Collateral Security Interest and all other security interests granted hereby shall terminate when all the Loan Document Obligations (other than contingent or unliquidated obligations or liabilities) have been indefeasibly paid in full in cash or immediately available funds and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Covalence Specialty Adhesives LLC)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Loan Document Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreementfull.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Hawaiian Telcom Holdco, Inc.)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate when all the Obligations (other than contingent indemnification obligations as to which no claim has been made) have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Diamond Resorts International, Inc.)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other ----------------------- security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Guarantee Life Companies Inc)

Termination or Release. (a) This Agreement, Agreement and the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate with respect to all Obligations when all the outstanding Obligations (other than contingent indemnification obligations not yet accrued and payable) have been fully and indefeasibly paid in full in cash, and all other Obligations (including a guarantee that is contingent in nature) have expired or terminated, and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Alltel Corp

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interestpledges made herein, the pledge of the Pledged Collateral Security Interest and all other security interests granted hereby shall terminate when all the Loan Document Obligations (other than contingent or unliquidated obligations or liabilities with respect to which no claim has been asserted) have been indefeasibly paid in full in cash or immediately available funds and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Berry Global Group Inc)

Termination or Release. (a) This Agreement, Agreement and the guarantees guarantee made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Analog Devices Inc)

Termination or Release. (a) This Agreement, Agreement and the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate when all the Obligations (as distinguished from the Secured Obligations) have been indefeasibly paid in full full, in cash, and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Usg Corp)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby Guarantees shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee Agreement

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate and be released when all the Secured Obligations (other than contingent or indemnity obligations for which no claim has been made) have been indefeasibly paid in full in cash and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Term Credit Agreement (Fossil Group, Inc.)

Termination or Release. (a) This Agreement, Agreement and the guarantees guaranty made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate with respect to all Obligations when all the outstanding Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend or extend credit under the Credit Financing Agreement.

Appears in 1 contract

Samples: Financing Agreement (Kansas City Power & Light Co)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Guarantee and all other security interests granted hereby shall terminate when all the Loan Document Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreementfull.

Appears in 1 contract

Samples: Term Loan Agreement (Citgo Petroleum Corp)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall immediately and automatically terminate when all the Secured Obligations have been indefeasibly paid in full (other than contingent indemnity claims not yet asserted and unasserted expense reimbursement obligations) and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Blackline, Inc.)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Investor Revolver Obligations have been performed or indefeasibly paid in full in cash, as applicable and the Lenders have no further commitment to lend under the Revolving Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Memc Electronic Materials Inc)

Termination or Release. (a) This Agreement, the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall automatically terminate when all the Obligations (other than unmatured indemnification obligations) have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Second Lien Guarantee and Collateral Agreement (Jda Software Group Inc)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Obligations (other than contingent indemnification obligations as to which no claim has been made) have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Diamond Resorts International, Inc.)

Termination or Release. (a) This Agreement, Agreement and the guarantees Guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby herein shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Guarantee Agreement (Mac-Gray Corp)

Termination or Release. (a) This Agreement, the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral Interest and all other security interests granted hereby shall terminate when all the Obligations (other than contingent indemnification obligations, which shall survive) have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Great American Group, Inc.)

Termination or Release. (a) This Agreement, Agreement and the guarantees made herein, the Security Interest, the pledge of the Pledged Collateral and all other security interests granted hereby shall terminate when all the Obligations have been indefeasibly paid in full and the Lenders have no further commitment to lend under the Credit Term Loan Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Triton PCS Holdings Inc)

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