Common use of Release of Liens on Collateral Clause in Contracts

Release of Liens on Collateral. (a) The Collateral securing the Obligations will automatically and without the need for any further action by any Person be released in any of the following circumstances:

Appears in 3 contracts

Samples: Supplemental Indenture (Endo International PLC), Supplemental Indenture (Endo International PLC), Collateral Trust Agreement (Endo International PLC)

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Release of Liens on Collateral. (ai) The Liens on the Collateral securing the Obligations will shall automatically and without the need for any further action by any Person be released in any of the following circumstancesreleased:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Postmedia Network Canada Corp.), Revolving Credit Agreement (Postmedia Network Canada Corp.)

Release of Liens on Collateral. (a) The Collateral securing the Obligations under the Note Documents will automatically and without the need for any further action by any Person be released in any of the following circumstances:

Appears in 2 contracts

Samples: Indenture (Geo Group Inc), Indenture (Geo Group Inc)

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Release of Liens on Collateral. (a) The Collateral securing the Obligations of the Company and the Guarantors in respect of the Notes will automatically and without the need for any further action by any Person be released in any of the following circumstances:

Appears in 1 contract

Samples: Geo Group Inc

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