Common use of Collateral Trustee not Required to Serve, File or Record Clause in Contracts

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in any Collateral; provided, however, that if the Borrower or any Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of such Borrower or Pledgor to comply with the requirements of such UCC provision, provided, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in any Collateral; provided, however, that if the Borrower or any Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of such Borrower or Pledgor to comply with the requirements of such UCC provision, provided, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in Liens on any Collateral; provided, however, that if the Borrower Delta or any Pledgor other Grantor shall make a written demand for a termination statement under Section 9-513(c9‑513(c) of the UCC, the Collateral Trustee shall comply with the written request of Delta or such Borrower or Pledgor Grantor to comply with the requirements of such UCC provision; provided, providedfurther, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in Liens on any Collateral; provided, however, that if the Borrower GXS or any Pledgor other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of GXS or such Borrower or Pledgor Grantor to comply with the requirements of such UCC provision; provided, providedfurther, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in Liens on any Collateral; provided, however, that if the Borrower or any Pledgor other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of such Borrower or Pledgor Grantor to comply with the requirements of such UCC provision; provided, providedfurther, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in Liens on any Collateral; provided, however, that if the Borrower Company or any other Pledgor shall make a written demand for a termination statement under Section 9-513(c) of the UCCUCC and the Collateral Trustee shall have received written confirmation from the Secured Debt Representatives that the requirements of Section 9-513(c) of the UCC have been satisfied, the Collateral Trustee shall comply with the written request of such Borrower Company or Pledgor to comply with the requirements of such UCC provision, provided, that the Collateral Trustee must first confirm with the Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in Liens on any Collateral; provided, however, that if the Borrower Issuer or any Pledgor other Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of such Borrower Issuer or Pledgor Grantor to comply with the requirements of such UCC provision; provided, providedfurther, that the Collateral Trustee must first confirm with the Secured Debt Parity Lien Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.

Collateral Trustee not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its security interest in Liens on any Collateral; provided, however, that if the Borrower or any Pledgor other Guarantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of such Borrower or Pledgor other Guarantor to comply with the requirements of such UCC provision; provided, providedfurther, that the Collateral Trustee must first confirm with the applicable Secured Debt Representatives that the requirements of such UCC provisions have been satisfied. ARTICLE 5.