Common use of Termination of Non-Permitted Liens Clause in Contracts

Termination of Non-Permitted Liens. In the event that the Borrower obtains knowledge of or receives notification from the Administrative Agent of the existence of any outstanding Lien against any property of such Obligor or any of its Subsidiaries, which Lien is not a Permitted Lien, such Obligor shall promptly terminate or cause the termination of such Lien.

Termination of Non-Permitted Liens. In the event that the Borrower obtains shall obtain knowledge of of, or receives notification from be notified by the Administrative Agent or any Lender of the existence of of, any outstanding Lien against any assets or property of such Obligor the Borrower or any of its Subsidiaries, which Lien is not a Permitted Lien, such Obligor the Borrower shall use commercially reasonable efforts to promptly terminate or cause the termination of such Lien.

Termination of Non-Permitted Liens. In the event that any Responsible Officer of Borrower shall become aware or be notified by the Borrower obtains knowledge of or receives notification from the Administrative Agent Lenders of the existence of any outstanding Lien against any property Property of such Obligor or any of its SubsidiariesObligor, which Lien is not a Permitted Lien, such Obligor shall use its best efforts to promptly terminate or cause the termination of such Lien.

Termination of Non-Permitted Liens. In the event that the any Responsible Officer of Borrower obtains knowledge or any of its Subsidiaries shall have Knowledge or receives notification from the be notified by Administrative Agent or any Lender of the existence of any outstanding Lien against any property Property of such Obligor Borrower or any of its Subsidiaries, which Lien is not a Permitted Lien, such each Obligor shall use its best efforts to promptly terminate or cause the termination of such Lien.