Common use of Continuing Agreement Clause in Contracts

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests hereunder.

Appears in 6 contracts

Samples: Amended and Restated Security Agreement (Envestnet, Inc.), Security Agreement (Envestnet, Inc.), Security Agreement (Commercial Credit, Inc.)

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Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 5 contracts

Samples: Assumption and Supplemental Security Agreement (FTD Inc), Security Agreement (Sycamore Park Convalescent Hospital), Security Agreement (Mississippi Chemical Corp /MS/)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Secured Creditors to extend credit to or for the account of the Borrower under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 4 contracts

Samples: Pledge Agreement (FTD Inc), Pledge Agreement (Sycamore Park Convalescent Hospital), Pledge Agreement (Ios Brands Corp)

Continuing Agreement. This Agreement shall be is a continuing agreement in every respect guaranty and shall remain continue in full force and effect until all of the Secured Obligations, both for principal Guaranteed Obligations and interest, all other amounts payable under this Agreement have been fully paid in cash or such other manner as may be acceptable to the Agent and satisfied performed in full, and the all commitments of the Lenders to extend credit under, and all Letters of Credit issued under, the Loan Documents have terminated, subject in any event to or for reinstatement in accordance with Section 2.4. Without limiting the account generality of the Borrower under the Credit Agreement have expired foregoing, each Guarantor hereby irrevocably waives any right to terminate or otherwise terminated. Upon such termination of revoke this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests hereunder.

Appears in 4 contracts

Samples: Credit Agreement (Black Box Corp), Guaranty and Suretyship Agreement (Black Box Corp), Guaranty and Suretyship Agreement (Black Box Corp)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and each of the commitments of by the Lenders Secured Creditors to extend credit or otherwise make financial accommodations available to or for the account of the Borrower Borrowers under the Credit Agreement have expired or otherwise terminatedhave been terminated (including Cash Collateralization of Letters of Credit). Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 3 contracts

Samples: Pledge Agreement (EMCOR Group, Inc.), Pledge Agreement (Emcor Group Inc), Pledge Agreement (Emcor Group Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Secured Creditors to extend credit or otherwise make financial accommodations available to or for the account of the Borrower Borrowers under the Credit Agreement have expired or otherwise terminatedbeen terminated (including Cash Collateralization of Letters of Credit). Upon each such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 3 contracts

Samples: Security Agreement (EMCOR Group, Inc.), Security Agreement (Emcor Group Inc), Security Agreement (Emcor Group Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Collateral Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests hereunder.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Arthrocare Corp), Assignment and Assumption Agreement (Arthrocare Corp)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower Company under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsCompany, forthwith release its liens and security interests interest hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Information Resources Inc), Security Agreement (Information Resources Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Secured Creditors to extend credit to or for the account of the Borrower under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Apogee Enterprises Inc), Pledge Agreement (Eagle Picher Technologies LLC)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments all agreements of the Lenders to extend credit to or for the account of the Borrower either Assignor under the Credit Agreement have expired or otherwise have been terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsAssignors, forthwith release its liens security interest and security interests assignment hereunder.

Appears in 1 contract

Samples: Lasalle Partners Inc

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments any Commitment of the Lenders Lender to extend any credit to or for the account of the Borrower Company under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent Lender shall, upon the request and at the expense of the DebtorsCompany, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Security and Collateral Agency Agreement (Westmark Group Holdings Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Lender to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent Lender shall, upon the request and at the expense of the DebtorsBorrower, forthwith release its liens and security interests hereunder.

Appears in 1 contract

Samples: Security Agreement (Advanced Life Sciences Holdings, Inc.)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal principal, premium, if any, and interest, and all other amounts then due and payable under any of the Credit Agreement, Note Agreements and the Senior Notes have been fully paid and satisfied in cash and the commitments any commitment of the Lenders Banks to extend any credit to or for the account of the Borrower Company under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Collateral Agent shall, upon the request and at the expense of the DebtorsCompany, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Security Agreement (U S Rentals Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower Company under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Security Agreement (Everest One Ipa Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Lender to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent Lender shall, upon the request and at the expense of the DebtorsGuarantor, forthwith release its liens and security interests hereunder.

Appears in 1 contract

Samples: Security Agreement (Advanced Life Sciences Holdings, Inc.)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments any Commitment of the Lenders Lender to extend any credit to or for the account of the Borrower under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent Lender shall, upon the request and at the expense of the DebtorsBorrower, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Security Agreement (Homegold Financial Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Secured Creditors to extend credit make B Loans to or for the account of the Borrower under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Security Agreement (Mississippi Chemical Corp /MS/)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders any commitment to extend credit constituting Obligations to or for the account of the Borrower under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Platinum Entertainment Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement Company shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Everest One Ipa Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the all commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests hereunder.have been

Appears in 1 contract

Samples: Security Agreement (Willdan Group, Inc.)

Continuing Agreement. a. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of such time as the Secured Obligations, both for principal and interest, Obligations have been fully paid in full and satisfied and the all commitments of the Lenders Lender to extend make credit to or for the account of the Borrower extensions under the Credit Loan Agreement have expired or otherwise been terminated. Upon such termination of , at which time this Agreement, Agreement shall be automatically terminated and the Agent Lender shall, upon the request and at the expense of the DebtorsObligors, forthwith release all of its liens and security interests hereunderhereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Obligors evidencing such termination.

Appears in 1 contract

Samples: Form of Security and Pledge Agreement (Advanced Energy Industries Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower either Debtor under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Security Agreement (Lasalle Partners Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Secured Creditors to extend credit or otherwise make financial accommodations available to or for the account of the Borrower Borrowers under the Credit Agreement have expired or otherwise been terminated. Upon each such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Security Agreement (Emcor Group Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments any commitment to extend constituting Obligations to and of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement Borrowers shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Morton Industrial Group Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations and the Guaranteed Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsObligors, forthwith release its liens and security interests hereunder.

Appears in 1 contract

Samples: Guarantee and Security Agreement (Fifth Street Finance Corp)

Continuing Agreement. This Agreement shall be is a continuing agreement in every respect Agreement and shall remain in full force and effect until (a) all of the Secured Obligations, both for principal and interest, Obligations have been fully paid performed and satisfied and the commitments of satisfied, (b) the Lenders have no obligation or outstanding agreement to extend credit allow further advances or additional loans to the Borrower, and (c) the Financing Agreement has been terminated by the Agent, or for the account has otherwise expired; at which time this Agreement shall automatically terminate without further action of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests hereunderany kind.

Appears in 1 contract

Samples: Management Fee Subordination Agreement (Sunrise Assisted Living Inc)

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Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments any commitment of the Lenders any Lender to extend any credit to or for the account of the Borrower Company under the Credit Agreement shall have terminated and all of the letters of credit have by their terms expired or otherwise terminatedbeen fully and indefeasibly secured with cash. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsCompany, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Security Agreement (Mississippi Chemical Corp /MS/)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower Borrowers under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Security Agreement (Titan International Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments all agreements of the Lenders to extend credit to or for the account of the either Borrower under the Credit Agreement have expired or otherwise have been terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsAssignors, forthwith release its liens security interest and security interests assignment hereunder.

Appears in 1 contract

Samples: Lasalle Partners Inc

Continuing Agreement. (a) This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement shall have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request immediately and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the either Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Supporting Subsidiary Security Agreement (Lasalle Partners Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and each of the commitments of by the Lenders Secured Creditors to extend credit or otherwise make financial accommodations available to or for the account of the Borrower Borrowers under the Credit Agreement and the Term Loan Agreement have expired or otherwise have been terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Emcor Group Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Secured Creditors to extend credit or otherwise make financial accommodations available to or for (i) the account of the Borrower Revolver Borrowers under the Credit Agreement have expired or otherwise been terminated, and (ii) the Company under the Term Loan Agreement have expired or otherwise been terminated. Upon each such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Security Agreement (Emcor Group Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders any Secured Creditor to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Credit Agreement (Apogee Enterprises Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid in full, in cash and satisfied and the commitments all agreements of the Lenders Bank to extend credit to or for the account of the Borrower under the Credit Agreement Debtors have expired or otherwise have been terminated. Upon such termination of this Agreement, the Agent Bank shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Cynergistek, Inc)

Continuing Agreement. (a) This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request immediately and at the expense of the Debtors, forthwith release its liens and security interests hereunder.

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have has been fully paid and satisfied and the commitments of the Lenders Lender to extend credit to or for the account of the Borrower Guarantor under the Credit Loan Agreement have has expired or otherwise terminated. Upon such termination of this Agreement, the Agent Lender shall, upon the request and at the expense of the DebtorsGuarantor, forthwith release its liens and security interests hereunder.

Appears in 1 contract

Samples: Senior First Lien Security Agreement (Viropro Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments of the Lenders Banks to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Credit Agreement (Apac Customer Service Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments each commitment of the Lenders Bank to extend credit or otherwise make financial accommodations available to any one or for the account more of the Borrower under the Credit Agreement have Borrowers has expired or otherwise has been terminated. Upon such termination of this Agreement, the Agent Bank shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Guaranty Agreement (Comshare Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the all commitments of the Lenders to extend credit to or for the account of the Borrower under the Credit Agreement have expired or otherwise have been terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the Debtors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Security Agreement (Willdan Group, Inc.)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and each of the commitments of by the Lenders Secured Creditors to extend credit or otherwise make financial accommodations available to or for the account of the Borrower Borrowers under the Credit Agreement have expired or otherwise have been terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsPledgors, forthwith release all its liens and security interests hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Emcor Group Inc)

Continuing Agreement. This Agreement shall be a continuing agreement in every respect and shall remain in full force and effect until all of the Secured Obligations, both for principal and interest, have been fully paid and satisfied and the commitments all agreements of the Lenders to extend credit to or for the account of the Borrower either Grantor under the Credit Agreement have expired or otherwise have been terminated. Upon such termination of this Agreement, the Agent shall, upon the request and at the expense of the DebtorsGrantors, forthwith release its liens and security interests interest hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Lasalle Partners Inc)

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