Common use of Release of Pledge Clause in Contracts

Release of Pledge. Once the First Priority Obligations have been paid and satisfied and discharged in full as certified by the Pledgee, the Pledgee agrees to execute any documents that are necessary in order to release the pledge at the cost and expense of the Pledgor.

Appears in 3 contracts

Samples: Equity Interest Pledge Agreement (Satelites Mexicanos Sa De Cv), Equity Interest Pledge Agreement (Satelites Mexicanos Sa De Cv), Equity Interest Pledge Agreement (Satelites Mexicanos Sa De Cv)

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Release of Pledge. Once the First Second Priority Obligations have been paid and satisfied and discharged in full as certified by the Pledgee, the Pledgee agrees to execute any documents that are necessary in order to release the pledge at the cost and expense of the Pledgor.

Appears in 3 contracts

Samples: Equity Interest Pledge Agreement (Satelites Mexicanos Sa De Cv), Equity Interest Pledge Agreement (Satelites Mexicanos Sa De Cv), Equity Interest Pledge Agreement (Satelites Mexicanos Sa De Cv)

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