Common use of Third Party Releases Clause in Contracts

Third Party Releases. The Borrower and the Parent shall have executed and delivered all necessary third party releases with respect to the Subject Policies, as determined by the Administrative Agent in its sole and absolute discretion.

Appears in 4 contracts

Samples: Loan and Security Agreement (GWG Holdings, Inc.), Security Agreement (GWG Holdings, Inc.), Loan and Security Agreement (GWG Holdings, Inc.)

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Third Party Releases. The Borrower and the Parent shall have had executed and delivered all necessary third party releases with respect to the Subject Policies, as determined by the Administrative Agent in its sole and absolute discretion.

Appears in 3 contracts

Samples: Loan and Security Agreement (GWG Holdings, Inc.), Security Agreement (GWG Holdings, Inc.), Loan and Security Agreement (GWG Holdings, Inc.)

Third Party Releases. The Borrower and the Parent shall have executed and delivered all necessary third party releases with respect to the Subject Policies, as determined by the Administrative Agent in its sole and absolute discretion.

Appears in 2 contracts

Samples: Loan and Security Agreement (GWG Holdings, Inc.), Security Agreement (GWG Holdings, Inc.)

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Third Party Releases. The Borrower and the Parent shall have executed and delivered all necessary third party releases with respect to the Subject Third A&R Policies, as determined by the Administrative Agent in its sole and absolute discretion.

Appears in 1 contract

Samples: Loan and Security Agreement (GWG Holdings, Inc.)

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