Common use of Termination of Transaction Liens; Release of Collateral Clause in Contracts

Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens shall terminate when all the Release Conditions are satisfied.

Appears in 14 contracts

Samples: Subsidiary Security Agreement (United States Steel Corp), Borrower Security Agreement (United States Steel Corp), Borrower Canadian Security Agreement (United States Steel Corp)

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Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens shall terminate when the Administrative Agent has determined that all the Release Conditions are have been satisfied.

Appears in 5 contracts

Samples: Security Agreement (FS Global Credit Opportunities Fund-A), Security Agreement (FS Investment Corp II), Security Agreement (Corporate Capital Trust, Inc.)

Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens granted by each Grantor shall terminate when all the Release Conditions are Condition is satisfied.

Appears in 2 contracts

Samples: Entrustment Loan Contract (Tianwei New Energy Holdings Co., LTD), Entrustment Loan Contract (Hoku Scientific Inc)

Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens granted by each Lien Grantor shall terminate when all the Release Conditions are satisfied.

Appears in 1 contract

Samples: Security Agreement (Williams Communications Group Inc)

Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens granted by the Grantors shall terminate when all the Release Conditions are Condition is satisfied.

Appears in 1 contract

Samples: Security Agreement (E Trade Financial Corp)

Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens granted by each Grantor shall terminate when all the Release Conditions are satisfied.

Appears in 1 contract

Samples: Patent Security Agreement (School Specialty Inc)

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Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens shall terminate when the Lender has determined that all the Release Conditions are have been satisfied.

Appears in 1 contract

Samples: Security Agreement (FS Investment CORP)

Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens shall terminate when the Administrative Agent has confirmed in writing that all the Release Conditions are satisfiedhave been satisfied (such confirmation not to be unreasonably withheld or delayed).

Appears in 1 contract

Samples: Security Agreement (American Capital, LTD)

Termination of Transaction Liens; Release of Collateral. (a) The Transaction Liens granted by the Company shall terminate when upon the satisfaction of all of the Release Conditions are satisfiedConditions.

Appears in 1 contract

Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc)

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