Common use of Termination of Security Interest Clause in Contracts

Termination of Security Interest. Upon satisfaction of the Debtor’s obligations pursuant to the Notes, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the Debtor’s 's obligations pursuant to the Notes, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.

Termination of Security Interest. Upon complete and irrevocable satisfaction of the Debtor’s obligations pursuant to the NotesObligations, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.

Termination of Security Interest. Upon the Borrower’s satisfaction of the Debtor’s obligations pursuant to the NotesObligations, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the DebtorBorrower. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor Borrower such documents as the Debtor Borrower may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the entirety of Debtor’s obligations pursuant to the NotesObligations, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the Debtor’s obligations pursuant to the NotesNote, or conversion of the Promissory Note into shares of the Company’s equity securities pursuant to the terms of the Promissory Note, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the DebtorSecuring Party’s obligations Obligations pursuant to the NotesNote and this Agreement, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the DebtorSecuring Party. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor Securing Party such documents as the Debtor Securing Party may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the Debtor’s obligations pursuant to the NotesNote, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the DebtorSecuring Party’s obligations Obligations pursuant to the NotesNotes and this Agreement, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the DebtorSecuring Party. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor Securing Party such documents as the Debtor Securing Party may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the Debtor’s Debtors obligations pursuant to the NotesConvertible Note, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor-sub. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor Debtor-sub such documents as the Debtor Debtor-sub may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the Debtor’s obligations pursuant to the Note, or conversion of the Notes into Next Securities pursuant to the terms of the Notes, the security interest granted herein automatically shall terminate and all rights to the Collateral shall revert to the DebtorDebtor without further action by any party. Upon any such termination, the Secured Party Parties shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.

Termination of Security Interest. Upon satisfaction of the Debtor’s 's obligations pursuant to the Notes, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such terminationterminati on.

Termination of Security Interest. Upon satisfaction of the Debtor’s obligations pursuant to the NotesObligations, the security interest granted herein shall terminate and all rights to the Collateral shall revert to the Debtor. Upon any such termination, the Secured Party Parties shall authenticate and deliver to the Debtor such documents as the Debtor may reasonably request to evidence such termination.