Termination; Release. On the date on which all Loans and other Secured Obligations have been paid and performed in full, the Secured Party will, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and (b) execute and deliver to the Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.
Appears in 10 contracts
Samples: Stock Pledge Agreement (NetBrands Corp.), Security and Stock Pledge Agreement (Cardiff Lexington Corp), Equity Pledge Agreement (Bloom HoldCo LLC)
Termination; Release. On the date on which all Loans Payment Obligations and other Secured Obligations have been paid and performed in full, the Secured Party will, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and (b) execute and deliver to the Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.
Appears in 4 contracts
Samples: Stock Pledge Agreement (Alpha Frontier LTD), Stock Pledge Agreement (Alpha Frontier LTD), Stock Pledge Agreement (Alpha Frontier LTD)
Termination; Release. On the date on which all Loans the Loan and other Secured Obligations have been paid and performed in full, the Secured Party will, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and (b) execute and deliver to the Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.
Appears in 3 contracts
Samples: Stock Pledge Agreement (BioLife4D Corp), Stock Pledge Agreement (BioLife4D Corp), Stock Pledge Agreement (Timios National Corp)
Termination; Release. On the date on which all Loans and other Secured Obligations have been paid and performed in full, the Secured Party will, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and (b) execute and deliver to the Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.
Appears in 2 contracts
Samples: Settlement and Stock Pledge Agreement (Zhang Guohua), Stock Pledge Agreement (Focus Universal Inc.)
Termination; Release. On the date on which all Loans and other Secured Obligations have been paid and performed in full, the Secured Party will, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and and
(ba) execute and deliver to the Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.
Appears in 1 contract
Samples: Stock Pledge Agreement (Franchise Holdings International, Inc.)
Termination; Release. On the date on which all Loans and other Secured Obligations have been paid and performed in fullfull (other than contingent indemnification obligations for which no claim has been asserted), the Secured Party will, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and (b) execute and deliver to the Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (iFresh Inc)
Termination; Release. On the date on which the Loan and all Loans and other Secured Obligations (other than indemnification and reimbursement obligations for which no claim has been made) have been paid and performed in full, the Secured Party will, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and (b) execute and deliver to the Pledgor a proper such instrument or instruments as they may reasonably request acknowledging the satisfaction and termination of this AgreementAgreement and the release of the security interest in the Collateral.
Appears in 1 contract
Termination; Release. On the date on which all Loans and other Secured Obligations have been paid and performed in full, the Secured Party willshall, at the request and sole expense of the Pledgor, (a) duly assign, transfer and deliver to or at the direction of the Pledgor (without recourse and without any representation or warranty) such of the Collateral as may then remain in the possession of the Secured Party, together with any monies at the time held by the Secured Party hereunder, and (b) execute and deliver to the Pledgor a proper instrument or instruments acknowledging the satisfaction and termination of this Agreement.
Appears in 1 contract