Common use of Release of Collateral Clause in Contracts

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 50 contracts

Samples: Security Agreement (Conor Medsystems Inc), Security Agreement (Nextest Systems Corp), Security Agreement (Avanex Corp)

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Release of Collateral. Subject to any applicable contrary rules under --------------------- Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 21 contracts

Samples: Security Agreement (Numerical Technologies Inc), Security Agreement (Numerical Technologies Inc), Security Agreement (Biomarin Pharmaceutical Inc)

Release of Collateral. Subject to any applicable contrary rules under --------------------- Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 7 contracts

Samples: Security Agreement (Sunrise Telecom Inc), Security Agreement (Ibeam Broadcasting Corp), Security Agreement (Ibeam Broadcasting Corp)

Release of Collateral. Subject to any applicable contrary rules --------------------- under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 4 contracts

Samples: Security Agreement (Numerical Technologies Inc), Security Agreement (Numerical Technologies Inc), Security Agreement (Carsdirect Com Inc)

Release of Collateral. Subject to any applicable contrary rules under --------------------- Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder here under upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 4 contracts

Samples: Security Agreement (Pointcast Inc), Security Agreement (Pointcast Inc), Security Agreement (Numerical Technologies Inc)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.pledged

Appears in 4 contracts

Samples: Security Agreement (Silicon Energy Corp), Security Agreement (Silicon Energy Corp), Security Agreement (Silicon Energy Corp)

Release of Collateral. Subject to any applicable contrary rules under --------------------- Regulation G, there shall be released from this pledge a portion of the pledged Pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Pledged Shares which shall be released shall be that number of full Shares shares which bears the same proportion to the initial number of Shares shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 3 contracts

Samples: Security Agreement (Curon Medical Inc), Security Agreement (Curon Medical Inc), Security Agreement (Curon Medical Inc)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder here-under upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 2 contracts

Samples: Security Agreement (Neurocrine Biosciences Inc), Security Agreement (Neurocrine Biosciences Inc)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there There shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder Pledgee here under upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount (or in the event that the initial principal amount on the Note has been adjusted pursuant to Section 1 of the Purchase Agreement, the Adjusted Principal Amount) of the Note.

Appears in 2 contracts

Samples: Security Agreement (Smartserv Online Inc), Security Agreement (Smartserv Online Inc)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.proportion

Appears in 2 contracts

Samples: Security Agreement (Silicon Energy Corp), Security Agreement (Silicon Energy Corp)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder here-under upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 2 contracts

Samples: Security Agreement (Silicon Energy Corp), Security Agreement (Silicon Energy Corp)

Release of Collateral. Subject to any applicable contrary rules under Regulation Gapplicable regulations, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder Pledgee hereunder upon payments payment of the principal of the Non-Recourse Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Non-Recourse Note.

Appears in 2 contracts

Samples: Pledge Agreement (Ipg Photonics Corp), Pledge Agreement (Ipg Photonics Corp)

Release of Collateral. Subject to any applicable contrary rules under --------------------- Regulation G, there shall be released from this pledge a portion of the pledged Pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Pledged Shares which shall be released shall be that number of full Shares shares which bears the same proportion to the initial number of Pledged Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Ibeam Broadcasting Corp)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of 3 Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Security Agreement (Spectrx Inc)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.upon

Appears in 1 contract

Samples: Security Agreement (Cardiac Pathways Corp)

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Release of Collateral. Subject to any applicable contrary rules under --------------------- Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which that shall be released shall be that number of full Shares which that bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Security Agreement (Applied Micro Circuits Corp)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.initial

Appears in 1 contract

Samples: Security Agreement (New Focus Inc)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares Stock held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares Stock which shall be released shall be that number of full Shares Stock which bears the same proportion to the initial number of Shares Stock pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Security Agreement (International Manufacturing Services Inc)

Release of Collateral. Subject to any applicable contrary rules under --------------------- Regulation G, there shall be released from this pledge a portion of the pledged Shares Stock held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares shares of Stock which shall be released shall be that number of full Shares shares which bears the same proportion to the initial number of Shares shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Security Agreement (Hewlett Packard Co)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.be

Appears in 1 contract

Samples: Security Agreement (Altera Corp)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge a portion of the pledged Shares Stock held by Pledgeholder hereunder upon payments of the principal of the Note. The number of shares of the pledged Shares Stock which shall be released shall be that number of shares of full Shares Stock which bears the same proportion to the initial number of Shares shares of Stock pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Vitalcom Inc)

Release of Collateral. Subject to any applicable contrary rules under Regulation G, there shall be released from this pledge Pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Security Agreement (Novadigm Inc)

Release of Collateral. Subject to any applicable contrary rules ---------------------- under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder hereunder upon payments of the principal of the Note. The number of the pledged Shares which that shall be released shall be that number of full Shares which that bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Security Agreement (Applied Micro Circuits Corp)

Release of Collateral. Subject to any applicable contrary rules --------------------- under Regulation G, there shall be released from this pledge a portion of the pledged Shares held by Pledgeholder the Escrow Agent hereunder upon payments of the principal of the Note. The number of the pledged Shares which shall be released shall be that number of full Shares which bears the same proportion to the initial number of Shares pledged hereunder as the payment of principal bears to the initial full principal amount of the Note.

Appears in 1 contract

Samples: Security Agreement (Genesys Telecommunications Laboratories Inc)

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