Conditions to Release. (a) Subject to Section 7.1(c), all of the Indenture Excluded Collateral shall be released upon the earlier of the dates set forth in clauses (i) and (ii) below:
Conditions to Release. Borrower may cause a Release upon the satisfaction of the following conditions (all as reasonably approved by Lender):
Conditions to Release. Section 7.1(a) of the Collateral Trust Agreement is hereby amended by replacing the phrase “written notice stating that the Credit Agreement and the L/C Agreement have terminated” after “(B)” in such section with the following phrase: “written notice stating that the Credit Agreement has terminated”.
Conditions to Release. Subject to the Escrow Agreement and this Article 11, the Escrow Property will be distributed:
Conditions to Release. The funds on deposit in the Proceeds Account shall be released in accordance with Section 3.1 (i) in the case of Section 3.2(a) below, immediately following the consummation of the Contribution or (ii) in the case of Section 3.2(b) below, the date of the Abandonment Announcement if no Event of Default has occurred and is continuing under the Indenture and one of the following conditions have been met (based solely on the Release Certificate confirming that such conditions have been satisfied):
Conditions to Release. (a) If Item (a) or (d) in Section 2 is checked, please release to us all Pledged Supplemental Interests identified in Section 1 relating to the applicable Loan.
Conditions to Release. (a) So long as no Actionable Default has occurred and is continuing, all of the Shared Collateral shall be released upon the receipt by the Collateral Trustee from the Bank Administrative Agent of (A) a written direction to cause the liens on the Shared Collateral to be released and discharged, or (B) written notice stating that the Credit Agreement and the L/C Agreement have terminated in accordance with the terms thereof, and there has been payment in full of all Senior Secured Obligations thereunder and all accrued and unpaid Collateral Trustee Fees; provided, that if any amounts are then due and payable under the Astaris Agreement as communicated to the Collateral Trustee by the Bank Administrative Agent, the written consent of the majority in interest of the Astaris Lenders shall also be required to release all or substantially all of the Shared Collateral. Upon release of the Shared Collateral in accordance with this Section 7.1(a), the security interests created by the Shared Collateral Documents shall terminate forthwith and all right, title and interest of the Collateral Trustee in and to the Shared Collateral shall revert to the Grantors and their successors and assigns; provided, however, that if (but only if) an Actionable Default based on an Indenture Event of Default exists on the date of such release and such date is also the Credit Agreement Termination Date, any proceeds of any Shared Collateral sold or otherwise disposed of on such date and not used to repay in full the Senior Secured Obligations shall remain subject to the pledge hereunder (and continue to constitute Shared Collateral) until such Actionable Default shall have been cured or otherwise waived by the Requisite Obligees (determined after giving effect to the Credit Agreement Termination Date), at which time any continuing right or interest in such Shared Collateral shall terminate.
Conditions to Release. Upon to earlier to occur of the Animas Release Condition and the Purchaser Release Condition the Escrow Agent shall, subject to the receipt of the Joint Direction, release the Escrowed Funds to (i) Animas, if the Animas Release Condition is the first to occur or (ii) the Purchaser, if the Purchaser Release Condition is the first to occur.
Conditions to Release. On the Release Date, the Release is subject to satisfaction or waiver (in accordance with Section 10.01) of the following conditions precedent:
Conditions to Release. At any time and from time to time after the Closing Date, in connection with the refinancing, sale or other permanent disposition of any Property, Borrower may obtain a Release of the Lien of the Security Documents on such Property, subject to the following terms and conditions:
