Termination and Release of Rights. (a) On the Insurer Termination Date, the rights, remedies, powers, duties, authority and obligations conferred upon the Insurer pursuant to this Agreement in respect of the Spread Account Agreement Collateral shall terminate and be of no further force and effect and all rights, remedies, powers, duties, authority and obligations of the Insurer with respect to such Spread Account Agreement Collateral shall be automatically released; provided that any indemnity provided to or by the Insurer herein shall survive such Insurer Termination Date. If the Insurer is acting as Controlling Party on the related Insurer Termination Date, the Insurer agrees, at the expense of the Issuer, to execute and deliver such instruments as the successor Controlling Party may reasonably request to effectuate such release, and any such instruments so executed and delivered shall be fully binding on the Insurer and any Person claiming by, through or under the Insurer.
Termination and Release of Rights. (a) On the Insurer Termination Date relating to a Series, the rights, remedies, powers, duties, authority and obligations conferred upon Financial Security pursuant to this Agreement in respect of the Collateral related to such Series shall terminate and be of no further force and effect and all rights, remedies, powers, duties, authority and obligations of Financial Security with respect to such Collateral shall be automatically released; PROVIDED that any indemnity provided to or by Financial Security herein shall survive such Insurer Termination Date. If Financial Security is acting as Controlling Party with respect to a Series on the related Insurer Termination Date, Financial Security agrees, at the expense of the Seller, to execute and deliver such instruments as the successor Controlling Party may reasonably request to effectuate such release, and any such instruments so executed and delivered shall be fully binding on Financial Security and any Person claiming by, through or under Financial Security.
Termination and Release of Rights. (a) On each VFN Prepayment Date, the Administrative Agent shall, at the expense of the Borrower: execute such instruments of release with respect to the Prepayment Related Collateral, in recordable form if necessary, in favor of the Borrower as the Borrower may reasonably request; deliver any Prepayment Related Collateral in its possession to the Borrower; and otherwise take such actions, and/or cause or permit the Servicer to take such actions, at the Borrower's expense, as are necessary and appropriate to release the lien of this Agreement and release and deliver to the Borrower the Prepayment Related Collateral.
Termination and Release of Rights. (a) On the Insurer Termination Date, the rights, remedies, powers, duties, authority and obligations conferred upon Financial Security pursuant to this Agreement in respect of the Collateral shall terminate and be of no further force and effect and all rights, remedies, powers, duties, authority and obligations of Financial Security with respect to the Collateral shall be automatically released; provided that any indemnity provided to or by Financial Security herein shall survive such Insurer Termination Date. If Financial Security is acting as Controlling Party on the Insurer Termination Date, Financial Security agrees, at the expense of the Trust, to execute and deliver such instruments as the successor Controlling Party may reasonably request to effectuate such release, and any such instruments so executed and delivered shall be fully binding on Financial Security and any Person claiming by, through or under Financial Security.
Termination and Release of Rights. Section 2.06. Non-Recourse Obligations of Issuer
Termination and Release of Rights. (a) On the Insurer Termination Date relating to a Series, the rights, remedies, powers, duties, authority and obligations conferred upon Financial Security pursuant to this Agreement in respect of the Collateral related to such Series (and, to the extent provided herein, in respect of Collateral related to other Series) shall terminate and be of no further force and effect and all rights, remedies, powers, duties, authority and obligations of Financial Security with respect to such Collateral shall be automatically released; provided that any indemnity provided to or by Financial Security herein shall survive such Insurer Termination Date. If Financial Security is acting as Controlling Party with respect to a Series on the related Insurer Termination Date, Financial Security agrees, at the expense of the Transferor, to execute and deliver such instruments as the successor Controlling Party may reasonably request to effect such release, and any such instruments so executed and delivered shall be fully binding on Financial Security and any Person claiming by, through or under Financial Security.
Termination and Release of Rights. (a) On the Insurer Termination Date, the rights, remedies, powers, duties, authority and obligations conferred upon Assured Guaranty pursuant to this Agreement in respect of the Collateral shall terminate and be of no further force and effect and all rights, remedies, powers, duties, authority and obligations of Assured Guaranty with respect to the Collateral shall be automatically released; provided that any indemnity provided to or by Assured Guaranty herein shall survive such Insurer Termination Date. If Assured Guaranty is acting as Controlling Party on the Insurer Termination Date, Assured Guaranty agrees, at the expense of the Trust, to execute and deliver such instruments as the successor Controlling Party may reasonably request to effectuate such release, and any such instruments so executed and delivered shall be fully binding on Assured Guaranty and any Person claiming by, through or under Assured Guaranty.
Termination and Release of Rights. (a) On the Termination --------------------------------- Date with respect to any Beneficiary, the rights, remedies, powers, duties, authority and obligations conferred upon such Beneficiary pursuant to this Agreement shall terminate and be of no further force and effect and all rights, remedies, powers, duties, authority and obligations of such Beneficiary with respect to the Collateral shall be automatically released; provided that any indemnity provided to such Beneficiary herein or in any other Company Document shall survive such Termination Date if so provided.
Termination and Release of Rights. 6 SECTION 2.06. NON-RECOURSE OBLIGATIONS OF TRUST DEPOSITOR . . . . . 6
Termination and Release of Rights. Upon the occurrence of both (i) the termination of the Funding Period and the payment (and receipt by the Trust) of all associated Liquidated Damages or, if earlier, upon the exhaustion of the Pre-Funding Account in its entirety for the purpose of acquiring Subsequent Contracts from Eaglemark at or prior to the termination of the Funding Period, (ii) the elapsing of a Payment Date following the event described in clause (i), and (iii) the application of such funds as provided under the Series [ ] Pooling and Servicing Agreement, the rights, remedies, powers, duties, authority and obligations conferred upon the Collateral Agent for the benefit of the Secured Party pursuant to this Agreement in respect of the Collateral shall terminate and be of no further force and effect and all rights, remedies, powers, duties, authority and obligations of the Collateral Agent for the benefit of the Secured Party with respect to such Collateral shall be automatically released. The Secured Party in such event agrees, at the expense of the Trust Depositor, to execute and deliver such instruments as the Trust Depositor may reasonably request to effectuate such release, and any such instruments so executed and delivered shall be fully binding on the Secured Party.
