Termination/Withdrawal/Redesignation of Contracts. (a) Subject to Section 5.05 and Section 9.02(b), this Agreement shall terminate upon receipt by Collateral Agent of evidence satisfactory to it that (i) all First Lien Obligations have been paid in full and all obligations in respect of the Principal First Lien Agreements have been satisfied in full, and (ii) the termination of the Principal First Lien Agreements and the First Lien Security Documents has occurred pursuant to the terms thereof.
Appears in 3 contracts
Samples: Intercreditor and Collateral Agency Agreement (PostRock Energy Corp), Credit Agreement (Quest Energy Partners, L.P.), And Collateral Agency Agreement (Quest Resource Corp)
Termination/Withdrawal/Redesignation of Contracts. (a) Subject to Section 5.05 and Section 9.02(b), this Agreement shall terminate upon receipt by Collateral Agent of evidence satisfactory to it that (i) all First Lien Obligations have been paid in full and all obligations in respect of Intercreditor and Collateral Agency Agreement the Principal First Lien Agreements have been satisfied in full, and (ii) the termination of the Principal First Lien Agreements and the First Lien Security Documents has occurred pursuant to the terms thereof.
Appears in 1 contract
Samples: Intercreditor and Collateral Agency Agreement (PostRock Energy Corp)
