Common use of TIA Requirements Clause in Contracts

TIA Requirements. (a) The release of any Collateral from the terms hereof, the Collateral Agency Agreement and of the Security Documents or the release of, in whole or in part, the Liens created by any of the Security Documents, will not be deemed to impair the Liens of the Security Documents in contravention of the provisions hereof if and to the extent the Collateral or Liens are released pursuant to the terms hereof. Each of the Holders acknowledges that a release of Collateral or Liens strictly in accordance with the terms hereof will not be deemed for any purpose to be an impairment of the Liens in contravention of the terms of this Indenture.

Appears in 4 contracts

Samples: Indenture (Pt Polytama Propindo), Indenture (Pt Polytama Propindo), Indenture (Pt Polytama Propindo)

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