Release and Discharge of Security. Each Lender hereby irrevocably authorizes the Agent to execute and deliver such releases and no-interest letters as may be required in connection with any disposition of assets by any Loan Party in respect of which the Agent has received an officer’s certificate of the Borrower certifying that such disposition is permitted hereunder, together with any other information from the Borrower reasonably required by the Agent, if any, to satisfy itself that any such disposition is permitted hereunder.
Release and Discharge of Security. The Borrower shall not be discharged from the Security or any part thereof except by a written release and discharge signed by the Agent with the prior written consent of all Lenders and all of the Swap Lenders. If all of the Loan Indebtedness and the Secured Swap Obligations have been repaid, paid, satisfied and discharged, as the case may be, in full and the Credit Facility has been fully cancelled, then the Security shall be released and discharged by the Agent and the Lenders. The Agent, at the cost and expense of the Borrower, shall from time to time do, execute and deliver, or cause to be done, executed and delivered, all such agreements, instruments, certificates, financing statements, notices and other documents and all acts, matters and things as may be reasonably requested by the Borrower to give effect to, establish, evidence or record the foregoing release and discharge.
Release and Discharge of Security. (a) Subject to the terms of the Collateral Agency and Intercreditor Agreement, the Borrower and the other Obligors and the Pledgors shall not be discharged from the Security Documents or any part thereof, other than to the extent that such security constituted by the Security Documents applies to a Permitted Disposition (in which case the Liens subject to such Security Documents shall, without further action, cease to apply to the subject matter thereof for the benefit of the Agent and the Lenders) except by a written release and discharge signed by the Collateral Agent with the prior written consent of all of the Lenders. If all of the Lender Secured Obligations have been repaid, paid, satisfied and discharged, as the case may be, in full and the Credit Facilities has been fully cancelled, then the Agent shall cause its, the Lenders’ and the Swap Lenders’ interest in the Security Documents to be released in accordance with the Collateral Agency and Intercreditor Agreement, at the expense of the Principal Borrower.
Release and Discharge of Security. (1) Subject to the terms of the Collateral Agent and Intercreditor Agreement, the Borrower and its Material Subsidiaries shall not be discharged from the Security or any part thereof, other than to the extent that such Security applies to a Permitted Disposition (in which case the Security shall, without further action, cease to apply to the subject matter thereof for the benefit of the Agent and the Lenders), except by a written release and discharge signed by the Collateral Agent. If all of the Secured Obligations have been repaid, paid, satisfied and discharged, as the case may be, in full and the Credit Facilities have been fully cancelled, then the Agent shall cause it and the Lenders’ interest in the Security to be released and discharged at the expense of the Borrower.
Release and Discharge of Security. The Borrower and its Subsidiaries shall not be discharged from the Security or any part thereof, other than to the extent that such Security applies to a Permitted Disposition (in which case the Security shall cease to apply to the subject matter thereof) except by a written release and discharge signed by the Lender. If all of the Obligations and Lender Financial Instrument Obligations have been unconditionally and indefeasibly repaid, paid, satisfied and discharged, as the case may be, in full and the Credit Facilities have been fully cancelled, then the Lender shall release and discharge the Security, all at the expense of the Borrower.
Release and Discharge of Security. (1) The Borrower and its Material Subsidiaries shall not be discharged from the Security or any part thereof, other than to the extent that such Security applies to a Permitted Disposition to a person other than the Borrower or a Material Subsidiary (in which case the Security shall, without further action, cease to apply to the subject matter thereof for the benefit of the Agent and the Lenders), except by a written release and discharge signed by the Agent. If all of the Obligations and Cash Management Obligations have been repaid, paid, satisfied and discharged, as the case may be, in full and the Credit Facilities have been fully cancelled and all of the Lender Financial Instrument Obligations have been satisfied or the Borrower or its Subsidiaries, as applicable, have provided alternative credit support to all relevant Lenders and/or Hedging Affiliates who are counterparties to such Lender Financial Instruments to which such Lender Financial Instrument Obligations relate in accordance with such Lender Financial Instruments or any other written agreement between such entities, as applicable, then the Agent shall cause it and the Lenders’ interest in the Security to be released and discharged at the expense of the Borrower.
Release and Discharge of Security. (a) Subject to the terms of the Intercreditor Agreement, the Company and its Subsidiaries shall not be discharged from the Security or any part thereof, other than to the extent that such Security applies to an Asset Disposition permitted pursuant to Section 10.7 of the Note Purchase Agreement (in which case the Security shall, without further action, cease to apply to the subject matter thereof for the benefit of the Holders), except by a written release and discharge signed by the Collateral Agent with the prior written consent of all of the Holders. If the Notes have been repaid, satisfied and discharged in full, then the Holders’ interest in the Security shall be automatically deemed to be released in accordance with the Intercreditor Agreement, at the expense of the Company.
Release and Discharge of Security. (1) The Borrower and its Subsidiaries shall not be discharged from the Security or any part thereof, other than to the extent that such Security applies to a Permitted Disposition (in which case the Security shall cease to apply to the subject matter thereof for the benefit of the Agent and the Lenders) except by a written release and discharge signed by the Agent with the prior written consent of the Lenders. If all of the Obligations have been unconditionally and indefeasibly repaid, paid, satisfied and discharged, as the case may be, in full and the Credit Facility has been fully cancelled, then the Agent shall cause it and the Lenders’ interest in the Security to be released and discharged at the expense of the Borrower.
Release and Discharge of Security. (a) Subject to the release of Security by the Administrative Agent for Permitted Dispositions and those dispositions allowed by Section 11.2 or in accordance with Section 12.7(b), the Security or any part thereof will not be discharged, released or postponed except by a written release and discharge signed by the Administrative Agent with the prior written consent of all of the Lenders and any and all former Lenders and Hedging Affiliates referred to in the proviso in Section 12.9(a) ("Former Lender Counterparties"). If all of the Obligations and Hedging Obligations to the Lenders and Hedging Affiliates (including any Former Lender Counterparties) have been indefeasibly repaid, paid, satisfied and discharged, as the case may be, in full, the Borrower has provided written notification to the Administrative Agent that there are no outstanding Hedging Obligations owing to any Lenders or Hedging Affiliates (including any Former Lender Counterparties) and the Credit Facility has been fully cancelled, then, subject to Section 12.9, the Security will be released and discharged by the Administrative Agent, the Lenders and any Former Lender Counterparties.
Release and Discharge of Security. 18.1 Upon the irrevocable and unconditional payment or discharge in full of the Secured Obligations, the Agent will or will procure that its nominees or agents will (as the case may be) at the request and cost of the Chargor release the Charged Property from the security created hereunder.
