Dissolution of Collateral Agent. Following the termination of this Agreement, the Administrative Agent will, on direction of the Borrowers, dissolve the Collateral Agent under the laws of the State of Delaware and the HTD LLC Agreement.
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Samples: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)
Dissolution of Collateral Agent. Following As soon as practicable following the termination first date as of this Agreementwhich no Financing Agreement remains in effect, the Administrative Agent will, on upon the written direction of the Borrowers, dissolve the Collateral Agent under in accordance with the laws of the State of Delaware LLC Act and the HTD LLC Agreement.
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