Common use of Release of Liens on Collateral Clause in Contracts

Release of Liens on Collateral. (a) The Priority Liens upon the Collateral will be automatically released in each of the following circumstances:

Appears in 5 contracts

Samples: Collateral Agency Agreement (Grizzly Energy, LLC), Credit Agreement (Vistra Energy Corp.), Collateral Trust Agreement (Vistra Energy Corp)

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Release of Liens on Collateral. (a) The Priority Parity Liens upon the Collateral will be automatically released in each of the following circumstances:

Appears in 3 contracts

Samples: Collateral Trust Agreement, Collateral Trust Agreement (Vanguard Natural Resources, Inc.), Collateral Trust Agreement (Vanguard Natural Resources, LLC)

Release of Liens on Collateral. (a) The Priority Parity Liens upon the Collateral will be automatically released in each of the following circumstancesreleased:

Appears in 1 contract

Samples: Intercreditor Agreement (CONSOL Mining Corp)

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Release of Liens on Collateral. (a) The Priority First Liens upon the Collateral will be automatically released in each of the following circumstances:

Appears in 1 contract

Samples: Collateral Agency Agreement (HighPeak Energy, Inc.)

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