Release of Certain Liens. To take such action and execute such documents as may be reasonably necessary to release any liens on or security interests in any Collateral where Borrower is entitled to such release in connection with (a) Dispositions permitted pursuant to the provisions of Section 10.4(a), (b), and (c)(i) hereof, without the need to obtain the consent of any of the Syndication Parties or Voting Participants; (b) the replacement or removal of any Collateral (other than in connection with a Shut Down pursuant to the terms of Section 9.15 hereof) where the book value of such Collateral is $5,000,000.00 or less, without the need to obtain the consent of any of the Syndication Parties or Voting Participants; (c) the removal of any facility from the Available Amount Report (and therefore, from calculation of the Available Amount) arising from a Shut Down pursuant to the provisions of Section 9.15 hereof where the book value of the Collateral subject to such Shut Down is $10,000,000.00 or less, without the need to obtain the consent of any of the Syndication Parties or Voting Participants; (d) Dispositions permitted pursuant to the provisions of Section 10.4(c)(ii) hereof, with the consent of the Required Lenders; (e) the removal of any facility from the Available Amount Report (and therefore, from calculation of the Available Amount) arising from a Shut Down pursuant to the provisions of Section 9.15 where the book value of the Collateral subject to such Shut Down is more than $10,000,000.00, with the consent of the Required Lenders; and (f) the release of the existing liens, if any, on the following properties as described generally on Exhibit 6.1 hereto, provided that as a condition to such releases Borrower must simultaneously provide the Administrative Agent with a revised Availability Amount Report showing a reduction in the Available Amount reflecting the removal of each of such properties (based on the Appraised Value included for each such property in the most recent prior Available Amount Report): (i) the farms, (ii) Xxxxxx Creek, and (iii) the Moorefield, West Virginia facilities.
Release of Certain Liens. With respect to all Real Property, Seller shall use its best efforts to obtain releases of all Liens set forth in Section 5.14 of the Seller Disclosure Letter encumbering such Real Property on or prior to the Closing Date (the "Encumbrance Releases") (other than the Financing Statement between Great Salt Lake Minerals Corporation, as debtor, and Zions Credit Corporation, as secured party, recorded December 18, 1997 in Entry No. 1510800, Book/Page 1897/1870, as amended by Amendment recorded January 29, 1998, as Entry No. 1518125, in Book 1904 at page 597 of the official records of Xxxxx/Box Xxxxx County, Utah, which shall be a Permitted Lien) or, in the event such Encumbrance Releases are not available on or prior to the Closing Date, use its best efforts to cause Chicago Title Insurance Company or its agent to insure over or omit such Liens from the Title Policies or Foreign Title Assurance to be obtained by the Purchaser in connection with any Real Property ("Clean Policies"), (including providing an indemnity to the Chicago Title Insurance Company, if so requested, regarding any payments that may be due under the Liens set forth in Section 5.14 of the Seller Disclosure Letter if necessary to obtain the Clean Policies), and if not released prior to Closing, shall continue to use its best efforts to cooperate to obtain such Encumbrance Releases following Closing.
Release of Certain Liens. To the extent that such Liens have not been terminated and released prior to Closing, Buyers shall, and shall cause the applicable Project Companies to, use commercially reasonable efforts, which efforts shall not require the payment of any fees or expenses to third parties (unless reimbursed by Sellers), to take all actions and execute all documents requested by Sellers to ensure that all Liens on the assets and properties of Alta Oak Realty Holdings, LLC, and all obligations of Alta Oak Realty Holdings, LLC and Alta Oak Realty, LLC, under the AWAM Secured Indebtedness are terminated and released.
Release of Certain Liens. Purchaser shall be deemed to have released and reassigned to the respective Loan Parties, without representation, warranty or recourse of any kind, all of Purchaser's rights under the Collateral Assignment, the Life Insurance, the Pledge Agreement and any other document or instrument creating a security interest in any and/or all assets of the Loan Parties other than the Specified Assets. In furtherance thereof, Purchaser shall execute such additional instruments and documents and take such other actions as Loan Parties may reasonably request in order to implement the intents and purposes of this Section 1.9; provided, however, that the Loan Parties shall reimburse Purchaser for and/or otherwise pay all costs associated therewith and shall provide such indemnifications with regard thereto as Purchaser may reasonably request.
Release of Certain Liens. Buyer, at its discretion, shall have received Uniform Commercial Code searches (which searches shall be made or caused to made by and at the expense of Buyer) of filings made pursuant to Article 9 thereof in all jurisdictions where any of the Company's material assets are located, in form, scope and substance reasonably satisfactory to Buyer, which searches shall reflect the release or termination of all Liens against any the Company's assets disclosed thereby that are not Permitted Liens, or Buyer shall have received evidence satisfactory to it, that all such Liens other than Permitted Liens or as set forth on Schedule 8.14 have been released or terminated prior to Closing.
Release of Certain Liens. Notwithstanding anything herein to the contrary, the parties hereto acknowledge that the Borrowers shall have the right to transfer to any Unrestricted Subsidiary parcels of Excess Real Property, in each case so long as there is no Default. Upon the transfer of any such Excess Real Property on request of ASC East, at any time so long as there is no Default, the Agent shall release any parcel of Excess Real Property from the Lien of the Mortgage and Security Agreements to which such parcel of Excess Real Property is subject, provided that such release shall only be granted if the following conditions have been met or satisfied:
Release of Certain Liens. Seller shall obtain the release of any and all liens and security interests held by any party on any of the Assets.
Release of Certain Liens. The Lenders hereby agree to, and ------------------------ authorize and direct the Administrative Agents to execute and deliver on their behalf all documents necessary or advisable in connection with, the release of any and all Liens on the Capital Stock of the Company arising pursuant to the Credit Agreement or any Loan Document and the release of each of the Shareholders (as defined in the US Global Guarantee and Security Agreement) from their covenants, agreements, representations and warranties contained in the US Global Guarantee and Security Agreement and any other Loan Document."
Release of Certain Liens. (a) Notwithstanding anything contained herein to the contrary, if the Financing Credit Parties:
Release of Certain Liens. The Managing Agent shall release the ------------------------ Liens created by the Collateral Documents in the Leased Equipment concurrently with the execution and delivery of the Equipment Lease.
