Common use of Permitted Releases Not To Impair Lien Clause in Contracts

Permitted Releases Not To Impair Lien. Any release of Collateral permitted by Section 12.03 hereof shall be deemed not to impair the Liens under this Agreement and the Collateral Documents in contravention thereof.

Appears in 4 contracts

Samples: Credit Agreement (ATD Corp), Credit Agreement (American Tire Distributors Holdings, Inc.), Credit Agreement (ATD Corp)

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Permitted Releases Not To Impair Lien. Any release of Collateral permitted by Section 12.03 15.02 hereof shall be deemed not to impair the Liens under this Note Purchase Agreement and the Collateral Documents in contravention thereofthereof and any Person that is required to deliver a certificate or opinion under this Note Purchase Agreement or any Collateral Document shall be entitled to rely upon the foregoing as a basis for delivery of such certificate or opinion.

Appears in 1 contract

Samples: Form of Note Purchase Agreement (APX Group Holdings, Inc.)

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Permitted Releases Not To Impair Lien. Any release of Collateral permitted by Section 12.03 13.03 hereof shall be deemed not to impair the Liens under this Agreement and the Collateral Documents in contravention thereofNote Documents.

Appears in 1 contract

Samples: Indenture (SunOpta Inc.)

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