Common use of Termination; Survival Clause in Contracts

Termination; Survival. (a) The Secured Party may terminate this Agreement by notice to the Account Holder and the Grantor. If the Secured Party notifies the Account Holder that the Security Interest has terminated, this Agreement will immediately terminate.

Appears in 20 contracts

Samples: Dynegy Security Agreement, Second Lien Security Agreement (Terremark Worldwide Inc.), Security Agreement (Foster Wheeler Inc)

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Termination; Survival. (a) The Secured Party may terminate this Agreement by notice to the Account Holder Securities Intermediary and the Grantor. If the Secured Party notifies the Account Holder Securities Intermediary that the Security Interest has terminated, this Agreement will immediately terminate.

Appears in 15 contracts

Samples: Security Agreement (USA Synthetic Fuel Corp), Control Agreement (USA Synthetic Fuel Corp), Guarantee and Collateral Agreement (Accuride Corp)

Termination; Survival. (a) The Secured Party may terminate this Agreement by notice to the Account Holder Bank and the Grantor. If the Secured Party notifies the Account Holder Bank that the Security Interest has terminated, this Agreement will immediately terminate.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Control Agreement (Cheniere Energy Inc)

Termination; Survival. (a) The Secured Party may terminate this Agreement by notice to the Account Holder Depository Bank and the Grantor. If the Secured Party notifies the Account Holder Depository Bank that the Security Interest has terminated, this Agreement will immediately terminate.

Appears in 2 contracts

Samples: Control Agreement (USA Synthetic Fuel Corp), Security Agreement (USA Synthetic Fuel Corp)

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Termination; Survival. (a) The Secured Party may terminate this Agreement by written notice to the Account Holder and the Grantor. If the Secured Party notifies the Account Holder that the Security Interest has terminated, this Agreement will immediately terminate.

Appears in 1 contract

Samples: Account Control Agreement (Mru Holdings Inc)

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