Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full.
Appears in 7 contracts
Samples: Intellectual Property Security Agreement (Freescale Semiconductor, Ltd.), Intellectual Property Security Agreement (Freescale Semiconductor, Ltd.), Intellectual Property Security Agreement (Freescale Semiconductor, Ltd.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when all the outstanding Secured Obligations have been indefeasibly paid in full.
Appears in 7 contracts
Samples: Security Agreement (Freescale Semiconductor, Ltd.), Security Agreement (Freescale Semiconductor, Ltd.), Intellectual Property Security Agreement (Freescale Semiconductor Holdings I, Ltd.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations upon termination of the Aggregate Commitments, payment in full of all outstanding Secured Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payableAgreements, (y) obligations under Secured Cash Management Obligations not yet due and payable Agreements and (z) contingent indemnification obligations not yet accrued and payable) when and the expiration or termination of all the Letters of Credit (other than outstanding Obligations Letters of Credit that have been indefeasibly paid in fullCash Collateralized).
Appears in 4 contracts
Samples: Security Agreement (Casa Systems Inc), Security Agreement (Casa Systems Inc), Security Agreement (Casa Systems Inc)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Obligations upon the termination of the Aggregate Commitments and payment in full of all Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when ), the expiration or termination of all the outstanding Obligations have been indefeasibly paid Letters of Credit and any other obligation (including a guarantee that is contingent in fullnature).
Appears in 3 contracts
Samples: Intellectual Property Security Agreement (Epicor Software Corp), Intellectual Property Security Agreement (Catalent USA Woodstock, Inc.), Security Agreement (Catalent USA Woodstock, Inc.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Obligations upon the termination of the Aggregate Commitments and payment in full of all Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when ), the expiration or termination of all the outstanding Obligations have been indefeasibly paid in fullLetters of Credit.
Appears in 3 contracts
Samples: Credit Agreement (Corporate Executive Board Co), Security Agreement (Epicor Software Corp), Second Lien Credit Agreement (SMART Technologies Inc.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations when all the outstanding Secured Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in fullfull in cash and the Lenders have no further commitment to lend under the Credit Agreement.
Appears in 2 contracts
Samples: Term Pledge and Security Agreement, Term Pledge and Security Agreement (Entegris Inc)
Termination or Release. (ak) This Agreement, the Security Interest Agreement and all other security interests granted hereby shall terminate with respect to all Secured Obligations and any Liens arising therefrom shall be automatically released upon termination of the Aggregate Commitments and payment in full in cash of all Obligations (other than (xi) Cash Management Obligations or obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (zii) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full).
Appears in 2 contracts
Samples: Security Agreement (Vivint Solar, Inc.), Security Agreement (Vivint Solar, Inc.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations and any Liens arising therefrom shall be automatically released upon termination of the Aggregate Commitments and payment in full of all Obligations (other than (xi) obligations under Treasury Services Agreements or obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (zii) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full).
Appears in 2 contracts
Samples: Security Agreement (Vivint Smart Home, Inc.), Credit Agreement (APX Group Holdings, Inc.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to when (i) all the Secured Obligations (other than but excluding (x) contingent obligations under Secured Hedge Agreements not yet due for indemnification, expense reimbursement, Tax gross-up or yield protection as to which no claim has been made and payable, (y) Secured Cash Management Obligations not yet due and payable Secured Swap Obligations as to which arrangements reasonably satisfactory to the applicable Secured Party have been made), have been paid in full in cash and (zii) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations Term Commitments have been indefeasibly paid in fullterminated.
Appears in 2 contracts
Samples: Credit Agreement (PDL Biopharma, Inc.), Collateral Agreement (PDL Biopharma, Inc.)
Termination or Release. (ai) This Agreement, Agreement and the Security Interest and all other security interests granted hereby shall terminate with respect to all Obligations the Collateral on the earlier to occur of (other than (xA) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable the Collateral Delivery Date and (zB) contingent indemnification obligations not yet accrued and payable) when the date on which all the outstanding Secured Obligations have been indefeasibly paid in fullfull and the Secured Parties have no further commitment under the Loan Agreement or other agreements evidencing the Secured Obligations.
Appears in 1 contract
Samples: Pledge Agreement (Martha Stewart Living Omnimedia Inc)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations and any Liens arising therefrom shall be automatically released upon termination of the Aggregate Commitments and payment in full of all Secured Obligations (other than (xi) in respect of a release by any Secured Approved Counterparty, if obligations under any Secured Hedge Agreements not yet due and payableAgreement or Treasury Services Agreement, (y) Cash Management Obligations not yet as applicable, are due and payable at such time and (zii) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full).
Appears in 1 contract
Termination or Release. (a) This Agreement, Agreement and the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when all the outstanding Secured Obligations have been indefeasibly paid in fullfull and the Secured Parties have no further commitment under the Loan Agreement or other agreements evidencing the Secured Obligations.
Appears in 1 contract
Samples: Security Agreement (Martha Stewart Living Omnimedia Inc)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Obligations upon the termination of the Aggregate Commitments and payment in full of all Obligations (other than (x) obligations under Secured Hedge Agreements not yet due and payable, (y) Cash Management Obligations not yet due and payable and (z) contingent indemnification obligations not yet accrued and payable) when and the expiration or termination of all the outstanding Obligations have been indefeasibly paid Letters of Credit and any other obligations (including a guarantee that is contingent in fullnature).
Appears in 1 contract
Samples: Security Agreement (Heinz H J Co)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to when (i) all Secured Obligations (other than (x) contingent obligations under Secured Hedge Agreements not yet due and payable) have been paid in full in cash, (yii) Cash Management Obligations not yet due and payable the Interim Commitments have expired or been terminated and (ziii) contingent indemnification all obligations not yet accrued and payable) when all the outstanding Obligations in respect of Bank Guarantees have been indefeasibly paid satisfied in fullfull or backstopped or cash collateralized on terms satisfactory to the applicable Issuing Bank.
Appears in 1 contract
Samples: Collateral Agreement
Termination or Release. (a) . This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations when all Secured Obligations (other than (x) excluding contingent obligations under Secured as to which no claim has been made and the Specified Hedge Agreements not yet due Obligations and payable, (y) Specified Cash Management Obligations not yet due and payable and (zServices Obligations) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full, all Commitments have terminated and no Letter of Credit shall be outstanding.
Appears in 1 contract
Samples: Pledge and Security Agreement (Fusion Connect, Inc.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations when all Secured Obligations (other than (x) excluding contingent obligations under Secured as to which no claim has been made and the Specified Hedge Agreements not yet due Obligations and payable, (y) Specified Cash Management Obligations not yet due and payable and (zServices Obligations) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full, all Commitments have terminated and no Letter of Credit shall be outstanding.
Appears in 1 contract
Samples: Pledge and Security Agreement (Fusion Connect, Inc.)
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations when all Secured Obligations (other than (x) excluding contingent obligations under Secured as to which no claim has been made, the Specified Hedge Agreements not yet due Obligations and payable, (y) the Specified Cash Management Obligations not yet due and payable and (zObligations) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full, all Commitments have terminated and no Letter of Credit shall be outstanding.
Appears in 1 contract
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations when all Secured Obligations (other than (x) excluding contingent obligations under Secured as to which no claim has been made, the Specified Hedge Agreements not yet due Obligations and payable, (y) the Specified Cash Management Obligations not yet due and payable and (zObligations) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full, all Commitments have terminated and no Letter of Credit shall be outstanding.
Appears in 1 contract
Termination or Release. (a) This Agreement, the Security Interest and all other security interests granted hereby shall terminate with respect to all Secured Obligations when all Obligations (other than (x) excluding contingent obligations under Secured as to which no claim has been made, the Designated Hedge Agreements not yet due Obligations and payable, (y) the Designated Cash Management Obligations not yet due and payable and (zServices Obligations) contingent indemnification obligations not yet accrued and payable) when all the outstanding Obligations have been indefeasibly paid in full, all Commitments have terminated and no Letter of Credit shall be outstanding.
Appears in 1 contract