Common use of Resignation and release of security on disposal Clause in Contracts

Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal then:

Appears in 17 contracts

Samples: Loan Agreement (Melco Crown Entertainment LTD), Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)

AutoNDA by SimpleDocs

Resignation and release of security on disposal. (a) If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal then:

Appears in 8 contracts

Samples: Facilities Agreement (NDS Group PLC), Facility Agreement (Orion Engineered Carbons S.a r.l.), Agreement (Rockwood Holdings, Inc.)

Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal then:

Appears in 2 contracts

Samples: Facility Agreement (Giant Interactive Group Inc.), Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal (or otherwise resigns as an Obligor in accordance with Clause 31.5 (Resignation of a Guarantor)) then:

Appears in 1 contract

Samples: Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.)

Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal then:then:-

Appears in 1 contract

Samples: Facility Agreement (Penske Automotive Group, Inc.)

AutoNDA by SimpleDocs

Resignation and release of security on disposal. If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal then:and all Lender consent has been granted thereto then:-

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Resignation and release of security on disposal. (a) If a Borrower or Guarantor is or is proposed to be the subject of a Third Party Disposal or (where such Borrower or Guarantor will cease to exist) a Permitted Merger then:

Appears in 1 contract

Samples: Senior Term Facilities Agreement (NeoGames S.A.)

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