Common use of Continuation of Security Interests Clause in Contracts

Continuation of Security Interests. Notwithstanding any termination of this Agreement, until all Obligations shall have been fully paid and satisfied (other than any contingent indemnification obligations not due and owing), the Lenders shall retain all security in and title to all existing and future Collateral held by the Lenders hereunder or under any other Loan Document. At such time after the Maturity Date as all Obligations have been fully paid and satisfied (other than any contingent indemnification obligations not due and owing), the security interest granted hereunder shall automatically terminate and the Lenders shall promptly deliver to the relevant Loan Party any Collateral delivered by such Loan Party to the Collateral Agent or the Lenders pursuant to this Agreement and execute and deliver all UCC termination statements and/or other documents reasonably requested by such Loan Party to evidence such termination.

Continuation of Security Interests. Notwithstanding any termination of this Agreement, until all Obligations shall have been fully paid and satisfied (other than any contingent indemnification obligations not due and owing), the Lenders Lender shall retain all security in and title to all existing and future Collateral held by the Lenders Lender hereunder or under any other Loan Document. At such time after the Maturity Date as all Obligations have been fully paid and satisfied (other than any contingent indemnification obligations not due and owing), the security interest granted hereunder shall automatically terminate and the Lenders Lender shall promptly deliver to the relevant Loan Party any Collateral delivered by such Loan Party to the Collateral Agent or the Lenders Lender pursuant to this Agreement and execute and deliver all UCC termination statements and/or other documents reasonably requested by such Loan Party to evidence such termination.