Common use of Termination or Release Clause in Contracts

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 of the Credit Agreement.

Appears in 9 contracts

Samples: Security Agreement (Knowlton Development Corp Inc), Security Agreement (Knowlton Development Parent, Inc.), Credit Agreement (Wanda Sports Group Co LTD)

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Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 Sections 9.10 or 10.08 of the Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Latham Group, Inc.), Credit Agreement (Latham Group, Inc.), Credit Agreement (Latham Group, Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released released, in whole or in part, in the circumstances described in the ABL Credit Agreement, including Article 8 of the Credit Agreementthereof.

Appears in 3 contracts

Samples: Credit Agreement (Hayward Holdings, Inc.), Security Agreement (Hayward Holdings, Inc.), Security Agreement (Hayward Holdings, Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 and Section 9.18 of the Credit Agreement.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Certara, Inc.), Intercreditor Agreement (Certara, Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Reference Date, and the Liens on the Collateral or the relevant portion of the Collateral, as applicable, granted hereunder shall automatically be released in the circumstances described in Article 8 of and in accordance with the Credit AgreementNote.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Li-Cycle Holdings Corp.), Pledge and Security Agreement (Li-Cycle Holdings Corp.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens on the Collateral or the relevant portion of the Collateral, as applicable, granted hereunder shall automatically be released in the circumstances described in Article 8 and in accordance with Sections 8.07 and 9.22 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Cava Group, Inc.), Credit Agreement (Cava Group, Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 of the First Lien Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Isos Acquisition Corp.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 and Section 9.22 of the Credit Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nuvei Corp)

Termination or Release. (a) v. This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released released, in whole or in part, in the circumstances described in the ABL Credit Agreement, including Article 8 of the Credit Agreementthereof.

Appears in 1 contract

Samples: Abl Credit Agreement (Hayward Holdings, Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released released, in whole or in part, in the circumstances described expressly set forth in the Second Lien Credit Agreement, including Article 8 of thereof, and in all cases subject to the Credit Agreementterms and conditions thereof.

Appears in 1 contract

Samples: Security Agreement (Hayward Holdings, Inc.)

Termination or Release. (a) This Amended and Restated First Lien Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 of the Amended and Restated First Lien Credit Agreement.

Appears in 1 contract

Samples: First Lien Credit Agreement (Cotiviti Holdings, Inc.)

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Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 Section 8.01 of the Credit Agreement.

Appears in 1 contract

Samples: Trademark Security Agreement (PQ Group Holdings Inc.)

Termination or Release. (a) 8. This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released released, in whole or in part, in the circumstances described in the ABL Credit Agreement, including Article 8 of the Credit Agreementthereof.

Appears in 1 contract

Samples: Abl Credit Agreement (Hayward Holdings, Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released released, in whole or in part, in the circumstances described in the Term Loan Credit Agreement, including Article 8 of the Credit Agreementthereof.

Appears in 1 contract

Samples: Security Agreement (PQ Group Holdings Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released released, in whole or in part, in the circumstances described in the First Lien Credit Agreement, including Article 8 of the Credit Agreementthereof.

Appears in 1 contract

Samples: Security Agreement (Hayward Holdings, Inc.)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 Section 13.17 of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (MultiPlan Corp)

Termination or Release. (a) This Security Agreement shall continue in effect until the Termination Date, and the Liens granted hereunder shall automatically be released in the circumstances described in Article 8 of the Credit Term Loan Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (Concrete Pumping Holdings, Inc.)

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