Common use of Releases of Guarantees and Liens Clause in Contracts

Releases of Guarantees and Liens. (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 9.02) to take any action requested by either Borrower having the effect of releasing any Collateral under the QVC Parent Pledge Agreement or zulily Parent Pledge agreement or obligations under the QVC Subsidiary Guarantee or the zulily Subsidiary Guarantee to the extent necessary to permit consummation of any transaction not prohibited by any Loan Document or that has been consented to in accordance with Section 9.02.

Releases of Guarantees and Liens. (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 9.029.02 or 9.03) to take any action requested by either the Borrower having the effect of releasing any Collateral under the QVC Parent Pledge Agreement or zulily Parent LMC Collateral under the LMC Pledge agreement Agreement or obligations under the QVC Subsidiary Guarantee or the zulily Subsidiary Guarantee (i) to the extent necessary to permit consummation of any transaction not prohibited by any Loan Credit Document or that has been consented to in accordance with Section 9.029.02 or 9.03 or (ii) under the circumstances described in paragraph (b) below.

Releases of Guarantees and Liens. (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 9.029.02 or 9.03) to take any action requested by either the Borrower having the effect of releasing any Collateral under the QVC Parent Amended and Restated Pledge Agreement or zulily Parent Pledge agreement or obligations under the QVC Subsidiary Guarantee or the zulily Amended and Restated Subsidiary Guarantee to the extent necessary to permit consummation of any transaction not prohibited by any Loan Credit Document or that has been consented to in accordance with Section 9.029.02 or 9.03.

Releases of Guarantees and Liens. (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 9.0211.1) to take any action requested by either the Borrower having the effect of releasing any Collateral or releasing the obligations of any Obligor under the QVC Parent Pledge Agreement or zulily Parent Pledge agreement or obligations under the QVC Subsidiary Guarantee or the zulily Subsidiary Guarantee Guaranty (i) to the extent necessary to permit consummation of any transaction not prohibited by any Loan Document or Document, (ii) to the extent necessary to permit consummation of any transaction that has been consented to in accordance with Section 9.0211.1 and (iii) under the circumstances described in clause (b) below.

Releases of Guarantees and Liens. (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 9.029.02 or 9.03) to take any action requested by either the Borrower having the effect of releasing any Collateral under the QVC Pledge Agreement or Parent Collateral under the Parent Pledge Agreement or zulily Parent Pledge agreement or obligations under the QVC Subsidiary Guarantee or the zulily Subsidiary Guarantee (i) to the extent necessary to permit consummation of any transaction not prohibited by any Loan Credit Document or that has been consented to in accordance with Section 9.029.02 or 9.03 or (ii) under the circumstances described in paragraph (b) below.

Releases of Guarantees and Liens. (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 9.0210.1) and agrees to take any action requested by either the Borrower having the effect of releasing any Guarantee Agreement, any pledge of any Capital Stock created by the Security Documents, or any other Lien on any Collateral under created by the QVC Parent Pledge Agreement or zulily Parent Pledge agreement or obligations under the QVC Subsidiary Guarantee or the zulily Subsidiary Guarantee Security Documents (i) to the extent necessary to permit consummation of any transaction not prohibited by any Loan Document or that has been consented to in accordance with Section 9.0210.1 or (ii) under the circumstances described in paragraph (b) below.

Releases of Guarantees and Liens. (a) Notwithstanding anything to the contrary contained herein or in any other Loan Document, the Administrative Agent is and Security Trustee are hereby irrevocably authorized by each Lender (without requirement of notice to or consent of any Lender except as expressly required by Section 9.0211.1) to take any action requested by either Holdings, any Borrower or any Non-Loan Party Borrower having the effect of releasing any Collateral under the QVC Parent Pledge Agreement or zulily Parent Pledge agreement or guarantee obligations under the QVC Subsidiary Guarantee or the zulily Subsidiary Guarantee (i) to the extent necessary to permit consummation of any transaction not prohibited by any Loan Document or that has been consented to in accordance with Section 9.0211.1 or (ii) under the circumstances described in Section 11.14(b) below.