Common use of Release of Security Interest Clause in Contracts

Release of Security Interest. Upon payment in full in cash of all Obligations, the termination or expiry of all Letters of Credit, the termination of all Rate Protection Agreements and the termination of all Commitments, the Administrative Agent shall, at the Grantor's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Copyright Collateral which has been granted hereunder.

Appears in 5 contracts

Samples: Borrower Security Agreement (Dri I Inc), Borrower Security Agreement (Duane Reade Inc), Security Agreement (Dri I Inc)

AutoNDA by SimpleDocs

Release of Security Interest. Upon payment in full in cash of all Obligations, the termination or expiry of all Letters of Credit, the termination of all Rate Protection Agreements and the termination of all Commitments, the Administrative Agent shall, at the Grantor's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Copyright Patent Collateral which has been granted hereunder.

Appears in 5 contracts

Samples: Borrower Security Agreement (Duane Reade Inc), Patent Security Agreement (Dri I Inc), Security Agreement (Dri I Inc)

Release of Security Interest. Upon payment in full in cash of all Obligations, the termination or expiry of all Letters of Credit, the termination of all Rate Protection Agreements and the termination of all Commitments, the Administrative Agent shall, at the Grantor's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Copyright Trademark Collateral which has been granted hereunder.

Appears in 5 contracts

Samples: Patent Security Agreement (Dri I Inc), Security Agreement (Dri I Inc), Security Agreement (Dri I Inc)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the termination or expiry of all Letters of Credit, the termination of all Rate Protection Agreements and the termination of all Commitments, the Administrative Agent shall, at the Grantor's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Copyright Patent Collateral which has been granted hereunder.

Appears in 2 contracts

Samples: Security Agreement (Wilson Greatbatch Technologies Inc), Patent Security Agreement (Dri I Inc)

AutoNDA by SimpleDocs

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the termination or expiry of all Letters of Credit, the termination of all Rate Protection Agreements and the termination of all Commitments, the Administrative Agent shall, at the Grantor's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Copyright Collateral which has been granted hereunder.

Appears in 2 contracts

Samples: Patent Security Agreement (Dri I Inc), Security Agreement (Wilson Greatbatch Technologies Inc)

Release of Security Interest. Upon payment in full in cash of all Secured Obligations, the termination or expiry of all Letters of Credit, the termination of all Rate Protection Agreements and the termination of all Commitments, the Administrative Agent shall, at the Grantor's expense, execute and deliver to the Grantor all instruments and other documents as may be necessary or proper to release the lien on and security interest in the Copyright Trademark Collateral which has been granted hereunder.

Appears in 2 contracts

Samples: Security Agreement (Wilson Greatbatch Technologies Inc), Patent Security Agreement (Dri I Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.