Termination of Liens. The Lender shall have received duly executed UCC-3 Termination Statements and other instruments, in form and substance satisfactory to the Lender, as shall be necessary to terminate and satisfy all Liens on the Property of the Borrower and its Subsidiaries except Permitted Liens.
Termination of Liens. Duly executed UCC-3 termination -------------------- statements, mortgage releases and such other documentation as shall be necessary to terminate or release all Liens other than those permitted by Section 11.2 hereof. ------------
Termination of Liens. Upon (i) the final repayment in full of the Obligations (including the repayment of all Unpaid Drawings and the expiration or termination or cancellation of all outstanding Letters of Credit, other than Letters of Credit which have been cash collateralized pursuant to the terms of this Agreement) and termination of all Commitments hereunder, or (ii) upon the occurrence of the Collateral Release Date pursuant to Section 10.15(d) at the request of the U.S. Borrower, the Administrative Agent shall (and the Lenders hereby authorize the Administrative Agent to) execute and deliver (or authorize the U.S. Borrower to file) upon the written request and at the expense of the U.S. Borrower such releases (including Uniform Commercial Code termination statements) of Collateral as may be requested by the U.S. Borrower. In the event the Obligations shall have been repaid in full, the Commitments hereunder shall have been terminated and the U.S. Borrower shall have provided cash collateral as provided herein for all outstanding Letters of Credit, the U.S. Borrower shall cease to be bound by the provisions of Sections 9, 10 and 11.
Termination of Liens. The Administrative Agent shall have received reasonably satisfactory evidence of the termination of all Liens securing any Existing Secured Obligations.
Termination of Liens. Upon Borrower’s payment in full in cash to Lender of all Obligations and performance in full thereof, Lender shall execute a termination of all security agreements and Liens granted by Borrower or any of its Subsidiaries to Lender.
Termination of Liens. Upon repayment in full of the Obligations and termination of the commitments hereunder, Lender will, at Borrowers’ expense, immediately release or terminate any filings or other agreements that perfect the Lender’s Liens in the Collateral upon Lender’s receipt of each of the following, in form and content reasonably satisfactory to Lender: (i) cash payment in full of all Obligations (including termination of all Obligations under any Hedge Agreement, which will be terminated and paid pursuant to the applicable Hedge Agreement) and completed performance by Borrowers with respect to its other obligations under this Agreement and the other Loan Documents (including providing cash collateral to be held by Lender for the benefit of Lender in an amount equal to 105% of the then existing Letter of Credit Usage and subject to satisfaction of the L/C Collateral Conditions), (ii) evidence that any obligation of Lender to make Advances to Borrowers, issue Letters of Credit or provide any further extensions of credit to or for the benefit of Borrowers has been terminated, (iii) a general release of all claims against Lender and its Affiliates by Borrowers relating to the Line of Credit and Lender’s performance and obligations under the Loan Documents, and (iv) an agreement by Borrowers and each Loan Party to indemnify Lender and its Affiliates for any payments received by Lender or its Affiliates that are applied to the Obligations as a final payoff that may later be returned or otherwise not paid for any reason.
Termination of Liens. Upon payment of all Loans in full in cash and performance of all Obligations (other than indemnification Obligations), termination of the Commitment, and a release of all existing and future claims (whether known or unknown) against Lender, and so long as no suits, actions, proceedings or claims are pending against any Indemnified Person asserting any damages, losses or liabilities that are Indemnified Liabilities, Lender shall promptly upon receipt of written request from Borrowers deliver to Borrowers such termination statements, Lien releases and other documents necessary or appropriate to evidence the termination of the Liens securing payment of the Obligations.
Termination of Liens. Prior to the Closing, the Seller shall file, and execute and deliver, all documents necessary to release the Purchased Assets from any Lien (other than Permitted Liens), if any, and shall provide evidence reasonably satisfactory to the Buyer of the release of all such Liens, if required.
Termination of Liens. Receipt by the Administrative Agent of evidence satisfactory to the Administrative Agent that all Liens on the assets acquired in the Target Acquisition (other than Permitted Liens) have been, or substantially simultaneously with the making of such Credit Extension shall be, released. The Request for Credit Extension for the Borrowing of the Delay Draw Term Loan submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 5.02(a), (b) and (c) have been satisfied on and as of the date of the Borrowing of the Delay Draw Term Loan.
Termination of Liens. Seller shall have terminated each Uniform Commercial Code financing statement set forth in Section 7.2(e) of the Seller Disclosure Letter or shall have delivered a pay-off or release letter from the secured party under each such financing statement that commits to termination of such financing statement upon payment of the obligation secured by the Lien evidenced by such financing statement or, with respect to any financing statements made in connection with the Credit Agreement, otherwise commits (including without payment of the obligation secured by the Lien evidenced by such financing statement) to the termination of such financing statement on or prior to Closing.
