Common use of Release Documentation Clause in Contracts

Release Documentation. Subject to compliance with the conditions to release of all or any portion of the Collateral set forth in Section 12.06(a) or (b), and subject to the terms and conditions of the Collateral Agency Agreement, upon request of the Company, the Collateral Trustee will execute (with such acknowledgements and/or notarizations as are required) and deliver written evidence of such release (and any related Collateral in its possession or control) to the Company; provided, however, to the extent the Company requests the Collateral Trustee to deliver written evidence of the release of Collateral (or any such Collateral in its possession or control) in accordance with this Section 12.07, the Company will deliver to the Collateral Trustee (i) an Officers’ Certificate to the effect that such release of Collateral pursuant to the provisions described in this paragraph does not violate the terms of any Senior Secured Lien Document and (ii) an Opinion of Counsel to the Company stating that all conditions precedent to such release of Collateral have been satisfied or will be satisfied substantially concurrently with the delivery of such Opinion of Counsel.

Release Documentation. Subject to compliance with the conditions to release of all or any portion of the Collateral set forth in Section 12.06(a) or (b)12.06, and subject to the terms and conditions of the Collateral Agency Agreement and the Intercreditor Agreement, upon request of the Company, the Collateral Trustee Agent will execute (with such acknowledgements and/or notarizations as are required) and deliver written evidence of such release (and any related Collateral in its possession or control) to the Company; provided, however, to the extent the Company requests the Collateral Trustee Agent to deliver written evidence of the release of Collateral (or any such Collateral in its possession or control) in accordance with this Section 12.07, the Company will deliver to the Collateral Trustee Agent (i) an Officers’ Certificate to the effect that such release of Collateral pursuant to the provisions described in this paragraph does not violate the terms of the Collateral Agency Agreement, the Intercreditor Agreement or any Senior Secured Parity Lien Document and (ii) an Opinion of Counsel to the Company stating that all conditions precedent to such release of Collateral have been satisfied or will be satisfied substantially concurrently with the delivery of such Opinion of Counsel.

Release Documentation. Subject to compliance with the conditions to release of all or any portion of the Collateral set forth in Section 12.06(a) or (b), and subject to the terms and conditions of the Collateral Agency Agreement, upon request of the Company, the Collateral Trustee will execute (with such acknowledgements and/or notarizations as are required) and deliver written evidence of such release (and any related Collateral in its possession or control) to the Company; provided, however, to the extent the Company requests the Collateral Trustee to deliver written evidence of the release of Collateral (or any such Collateral in its possession or control) in accordance with this Section 12.07, the Company will deliver to the Collateral Trustee (i) an Officers’ Certificate to the effect that such release of Collateral pursuant to the provisions described in this paragraph does not violate the terms of any Senior Secured Junior Lien Document and (ii) an Opinion of Counsel to the Company stating that all conditions precedent to such release of Collateral have been satisfied or will be satisfied substantially concurrently with the delivery of such Opinion of Counsel.