Common use of Termination of Security Interest Clause in Contracts

Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers under this Indenture and the Notes, the Trustee shall, at the request of the Issuers, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this Indenture.

Appears in 6 contracts

Samples: Indenture (Comdisco Holding Co Inc), Comdisco Inc, Comdisco Holding Co Inc

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Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers under this Indenture and the Notes, the Trustee shall, shall (at the request of the Issuers, deliver a certificate Issuers accompanied by (a) an Officers’ Certificate of the Issuers to the Collateral Agent Trustee stating that such Obligations have been paid in full, and instruct (b) instructions from the Collateral Agent Issuers to the Trustee to release the Liens pursuant to this Indenture and the Collateral Documents to Documents) release the extent such Liens secure securing the Obligations of the Issuers under this IndentureCollateral.

Appears in 5 contracts

Samples: Circus and Eldorado Joint (Circus & Eldorado Joint Venture), Indenture (Circus & Eldorado Joint Venture), Indenture (NGA Holdco, LLC)

Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) obligations of the Issuers Issuer under this Indenture and the Notes, or upon Legal Defeasance, the Trustee shallwill, at the request of the IssuersIssuer, deliver a certificate to the Collateral Agent Security Trustee stating that such Obligations obligations have been paid in full, and instruct the Collateral Agent Security Trustee to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this IndentureSecurity Documents.

Appears in 4 contracts

Samples: Supplemental Indenture (Liberty Global PLC), Supplemental Indenture (Liberty Global PLC), Supplemental Indenture (Liberty Global PLC)

Termination of Security Interest. Upon the indefeasible payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers under this Indenture and the Senior Notes, or upon Legal Defeasance or Covenant Defeasance, the Trustee shall, at the request of the Issuers, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this IndentureDocuments.

Appears in 3 contracts

Samples: Supplemental Indenture (Superior Essex Inc), Indenture (Superior Telecommunications Inc), Indenture (Essex Group Inc)

Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers under this Indenture and the Notes, the Trustee shall, shall (at the request of the Issuers, deliver a certificate Issuers accompanied by (a) an Officers' Certificate of the Issuers to the Collateral Agent Trustee stating that such Obligations have been paid in full, and instruct (b) instructions from the Collateral Agent Issuers to the Trustee to release the Liens pursuant to this Indenture and the Collateral Documents to Documents) release the extent such Liens secure securing the Obligations of the Issuers under this IndentureCollateral.

Appears in 2 contracts

Samples: Shreveport Capital Corp, HCS Ii Inc

Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers Issuer under this Indenture and the Notes, or upon Legal Defeasance, the Trustee shallwill, at the request of the IssuersIssuer, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this IndentureSecurity Documents.

Appears in 2 contracts

Samples: Intercreditor Agreement (Saratoga Resources Inc /Tx), Saratoga Resources Inc /Tx

Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers under this Indenture and the Notes, or upon Legal Defeasance, the Trustee shall, at the request of the Issuers, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this IndentureNote Security Documents.

Appears in 1 contract

Samples: Indenture (Nebco Evans Holding Co)

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Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers herein and under this Indenture and the Notes, or upon Legal Defeasance, the Trustee shallwill, at the request of the Issuers, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this IndentureAgreements.

Appears in 1 contract

Samples: Indenture (Black Elk Energy Finance Corp.)

Termination of Security Interest. Upon the full and final payment in full and performance of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers Issuer and the Guarantors under this Indenture and the NotesNotes or upon Legal Defeasance, Covenant Defeasance or satisfaction and discharge of this Indenture in accordance with Article 12 hereof, the Trustee shallwill, at the request of the IssuersIssuer, deliver a certificate to the Collateral Agent stating that such Obligations have been paid in full, and instruct the Collateral Agent to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this Indenturesecurity documents.

Appears in 1 contract

Samples: Intercreditor Agreement (Evraz North America PLC)

Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers under this Indenture and the Notes, or upon Legal Defeasance, the Trustee shall, will (at the request of the Issuers, deliver a certificate Issuers accompanied by (a) an Officers' Certificate of the Issuers to the Collateral Agent Trustee stating that such Obligations have been paid in full, full and instruct (b) instructions from the Collateral Agent Issuers to the Trustee to release the Liens pursuant to this Indenture and the Collateral Documents Documents) release the Liens pursuant to this Indenture and the extent such Liens secure the Obligations of the Issuers under this IndentureCollateral Documents.

Appears in 1 contract

Samples: Consent and Agreement (Premier Finance Biloxi Corp)

Termination of Security Interest. Upon the payment in full of all Obligations (other than contingent reimbursement, indemnification and contribution Obligations) of the Issuers Issuer under this Indenture and the Notes, or upon Legal Defeasance, Covenant Defeasance and Satisfaction and Discharge, the Trustee shallwill, at the written request of the IssuersIssuer, deliver a certificate to the Collateral Agent Agents stating that such Obligations have been paid in full, and instruct the Collateral Agent Agents to release the Liens pursuant to this Indenture and the Collateral Documents to the extent such Liens secure the Obligations of the Issuers under this IndentureDocuments.

Appears in 1 contract

Samples: Indenture (ReNew Energy Global PLC)

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