Common use of Specified Releases of Collateral Clause in Contracts

Specified Releases of Collateral. (A) Collateral shall be released from the Liens created by the Security Documents at any time or from time to time in accordance with the provisions of the Security Documents or as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for further action by any Person under any one or more of the following circumstances:

Appears in 7 contracts

Samples: Indenture (Nogin, Inc.), Indenture (Vertical Aerospace Ltd.), Indenture (Getaround, Inc)

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Specified Releases of Collateral. (Aa) Collateral shall be released from the Liens created by the Security Collateral Documents at any time or from time to time in accordance with the provisions of the Security Collateral Documents or as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 6 contracts

Samples: Indenture (TitleMax of Virginia, Inc.), Indenture (CURO Group Holdings Corp.), Indenture (CURO Group Holdings Corp.)

Specified Releases of Collateral. (Aa) Collateral shall be released from the Liens created by the Security Documents at any time or from time to time in accordance with the provisions of the Security Documents and the Intercreditor Agreement or as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for further action by any Person under any one or more of the following circumstances:

Appears in 3 contracts

Samples: Supplemental Indenture (Bloom Energy Corp), Supplemental Indenture (Bloom Energy Corp), Security Agreement (Bloom Energy Corp)

Specified Releases of Collateral. (Aa) Collateral shall be released from the Liens created by the Security Documents at any time or from time to time in accordance with the provisions of the Security Documents or as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for further action by any Person under any one or more of the following circumstances:

Appears in 2 contracts

Samples: Purecycle Technologies (Roth CH Acquisition I Co. Parent Corp.), Indenture (Northern Star Acquisition Corp.)

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Specified Releases of Collateral. (Aa) Collateral shall may be released from the Liens created by the Security Collateral Documents at any time or from time to time in accordance with the provisions of the Security Collateral Documents and the Intercreditor Agreement or as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 2 contracts

Samples: Alon Refining Krotz (Alon Refining Krotz Springs, Inc.), Alon Refining Krotz (Alon USA Energy, Inc.)

Specified Releases of Collateral. (Aa) Collateral shall be released from the Liens created by the Security Collateral Documents at any time or from time to time in accordance with the provisions of the Security Collateral Documents or and the Intercreditor Agreement, if any, and as provided in this Indenture. The Liens securing the Collateral shall be automatically released without the need for any further action by any Person under any one or more of the following circumstances:

Appears in 1 contract

Samples: Intercreditor Agreement (Stonemor Inc.)

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