Common use of Release and Satisfaction Clause in Contracts

Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the Obligations, the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of security.

Appears in 7 contracts

Samples: Credit Agreement (Orbit International Corp), Security Agreement (Emerging Vision Inc), Security Agreement (Emerging Vision Inc)

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Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the Obligations, the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s 's expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of security.

Appears in 4 contracts

Samples: Security Agreement (American Medical Alert Corp), Credit Agreement (Eon Labs Inc), Security Agreement (Coactive Marketing Group Inc)

Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the Obligations, the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of security.

Appears in 2 contracts

Samples: Security Agreement (Event Cardio Group Inc.), Asset Purchase Agreement (Accelerize New Media Inc)

Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the Obligations, the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s 's expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of securitysecurity and, if permitted by law, the Grantors may file such releases and satisfactions delivered to them by the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Global Payment Technologies Inc)

Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the ObligationsObligations (other than those which by their terms survive the termination of this Agreement), the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of security.

Appears in 1 contract

Samples: Security Agreement (Veeco Instruments Inc)

Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the ObligationsObligations (other than those which by their terms survive the termination of this Agreement), the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s 's expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of security. II.

Appears in 1 contract

Samples: Security Agreement (Veeco Instruments Inc)

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Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the Obligationspursuant to Section 6.01 hereof, the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of securitysecurity as set forth in Section 6.01 hereof.

Appears in 1 contract

Samples: Security Agreement (Comtech Telecommunications Corp /De/)

Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the Obligations, the Secured Party shall deliver to each Grantor, upon request therefor and at such Grantor’s ' s expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of securitysecurity and, if permitted by law, the Grantors may file such releases and satisfactions delivered to them by the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Global Payment Technologies Inc)

Release and Satisfaction. Upon the termination of this Agreement and the indefeasible payment in full of the Obligations, the Secured Party shall deliver to each Grantor, the Grantor upon request therefor and at such the Grantor’s 's expense, releases and satisfactions of all financing statements, notices of assignment and other registrations of security.

Appears in 1 contract

Samples: Security Agreement (Coactive Marketing Group Inc)

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