Common use of Release of Collateral or Guarantor Clause in Contracts

Release of Collateral or Guarantor. Except for sales of assets permitted by Section 8.2.7 [Disposition of Assets or Subsidiaries] and except for the release of liens in accordance with the Security Agreement on cash securing the Line of Credit Facility (which releases are permitted in accordance with Section 11.20 without consent of any Bank), release any Pledged Collateral or Collateral consisting of substantially all of the assets of any Loan Party, any Guarantor from its Obligations under the Guaranty Agreement or any other security for any of the Loan Parties' Obligations; or

Release of Collateral or Guarantor. Except for sales of assets permitted by Section 8.2.7 7.2.7 [Disposition of Assets or Subsidiaries] and except for the release of liens in accordance with the Security Agreement on cash securing the Line of Credit Facility (which releases are permitted in accordance with Section 11.20 without consent 9.20 [Certain Releases of any Bank)Guarantors and Collateral], release any Pledged Collateral or Collateral consisting of capital stock or other ownership interests of any Loan Party or its Subsidiary or substantially all of the assets of any Loan Party, any Guarantor from its Obligations under the Guaranty Agreement or Parent Guaranty Agreement or any other security for any of the Loan Parties' Obligations’ Obligations without the written consent of all of the Lenders (other than Defaulting Lenders); or

Release of Collateral or Guarantor. Except for sales of assets permitted by Section 8.2.7 7.2.8 [Disposition of Assets or Subsidiaries] and except for the release of liens in accordance with the Security Agreement on cash securing the Line of Credit Facility (which releases are permitted in accordance with Section 11.20 without consent of any Bank)], release any Pledged Collateral or Collateral consisting of capital stock or other ownership interests of any Loan Party or its Subsidiary (other than the ownership interests of Foreign Subsidiaries which are part of the Pledged Collateral which may be released with the written consent of the Required Lenders) or substantially all of the assets of any Loan Party, any Guarantor from its Obligations under the Guaranty Agreement or any other security for any of the Loan Parties' ’ Obligations; or

Release of Collateral or Guarantor. Except for sales of assets permitted by Section 8.2.7 [Disposition of Assets or Subsidiaries] Subsidiaries and except for the release of liens in accordance with the Security Agreement on cash securing the Line of Credit Facility (which releases are permitted Mortgages in accordance with Section 11.20 without consent of any Bank)11.1.19], release any Pledged Collateral or Collateral consisting of capital stock or other ownership interests of any Loan Party or its Subsidiary or substantially all of the assets of any Loan Party, any Guarantor from its Obligations under the Guaranty Agreement or any other security for any of the Loan Parties' Obligations; or