Common use of Release of Liens on Collateral Clause in Contracts

Release of Liens on Collateral. The Collateral Trust Agreement will provide that the Priority Collateral Trustee’s and/or Junior Collateral Trustee’s Liens, as applicable, upon the Collateral will be released or subordinated in any of the following circumstances:

Appears in 3 contracts

Samples: Agreement (Peabody Energy Corp), Agreement (Peabody Energy Corp), Agreement (Peabody Energy Corp)

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Release of Liens on Collateral. The Collateral Trust Agreement will provide provides that the Priority Collateral Trustee’s and/or Junior Collateral Trustee’s Liens, as applicable, upon the Collateral will be released or subordinated in any of the following circumstances:

Appears in 3 contracts

Samples: Agreement (Peabody Energy Corp), Agreement (Peabody Energy Corp), Agreement (Peabody Energy Corp)

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