Common use of Termination; Release of Collateral Clause in Contracts

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor may, to the extent permitted by SECTION 9.02 of the Credit Agreement, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) of the Credit Agreement (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the Pledgor, the Administrative Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDED, HOWEVER, that (i) the Administrative Agent shall not be required to execute any such documents on terms which, in the Administrative Agent's opinion, would expose the Administrative Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor in respect of) all interests retained by the Pledgor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor Company may, to the extent permitted by SECTION 9.02 of Section 4.12 in the Credit AgreementIndenture, sell, assign, transfer or otherwise dispose of any Pledged CollateralCollateral pledged by the Company. In addition, the Pledged Collateral pledged by the Company shall be subject to release in accordance with SECTION 12.09(C) of Section 10.04 in the Credit Agreement Indenture (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "“Released Collateral"”). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the written request of the PledgorCompany, the Administrative Collateral Agent shall execute and deliver deliver, at the cost of the Company, such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDEDprovided, HOWEVERhowever, that (i) the Administrative Collateral Agent shall not be required to execute any such documents on terms which, in the Administrative Agent's opinion, which would expose the Administrative Collateral Agent or any holder of the Notes to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities Secured Obligations or any Liens on (or obligations of the Pledgor Company in respect of) all interests retained by the PledgorCompany, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged CollateralCollateral pledged by the Company.

Termination; Release of Collateral. Notwithstanding anything (a) The Liens securing the Senior Secured Notes will be released, in whole or in part, as provided in Section 10.4 of the Indenture and the Liens securing Additional Pari Passu Obligations of any series will be released, in whole or in part, as provided in the Additional Pari Passu Documents governing such obligations. Upon at least two (2) Business Days’ prior written request by the Grantors accompanied by the Officer’s Certificate required by the Indenture, the Collateral Agent shall, without recourse, representation or warranty of any kind and at the Grantors sole cost and expense, execute such documents as the Grantors may reasonably request to evidence the release of the Liens upon any Collateral described in this Agreement to the contrarySection 8.14; provided, the Pledgor may, to the extent permitted by SECTION 9.02 of the Credit Agreement, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) of the Credit Agreement (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the Pledgor, the Administrative Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDED, HOWEVERhowever, that (i) the Administrative Collateral Agent shall not be required to execute any such documents document on terms which, in the Administrative Agent's its reasonable opinion, would would, under Applicable Law, expose the Administrative Collateral Agent to liability or create any obligation or entail any adverse consequence other than the release of such Liens without recourse or warranty, warranty and (ii) such release shall not in any manner discharge, affect or impair the Liabilities Secured Obligations or any Liens on (other than those expressly being released) upon (or obligations of the Pledgor any Grantor in respect of) all interests retained by the Pledgorany Grantor, including including, without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, each of the Pledgor Pledgors may, to the extent permitted by SECTION Section 9.02 of the Credit Agreement, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(CSection 12.09(c) of the Credit Agreement (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the applicable Pledgor, the Administrative Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDEDprovided, HOWEVERhowever, that (i) the Administrative Agent shall not be required to execute any such documents on terms which, in the Administrative Agent's opinion, would expose the Administrative Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor Pledgors in respect of) all interests retained by the any Pledgor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor may, to the extent permitted by SECTION Section 9.02 of the Credit Agreement, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(CSection 12.09(c) of the Credit Agreement (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the Pledgor, the Administrative Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDEDprovided, HOWEVERhowever, that (i) the Administrative Agent shall not be required to execute any such documents on terms which, in the Administrative Agent's opinion, would expose the Administrative Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor in respect of) all interests retained by the Pledgor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor may, to the extent permitted by SECTION 9.02 of the Credit Agreement, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) of the Credit Agreement (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral")14.1. The Liens under this Agreement shall terminate with respect to securing the Released Collateral upon such saleSenior Secured Notes will be released, transferin whole or in part, assignment, disposition or release and upon the request as provided in Section 10.4 of the PledgorIndenture and the Liens securing Additional Pari Passu Lien Obligations of any series will be released, in whole or in part, as provided in the Additional Pari Passu Documents governing such obligations. Upon at least two (2) Business Days’ prior written request by the Pledgors accompanied by the Officer’s Certificate required by the Indenture, the Administrative Collateral Agent shall shall, without recourse, representation or warranty of any kind and at the Pledgors’ sole cost and expense, execute and deliver such instrument or document documents as the Pledgors may be necessary reasonably request to evidence the release of the Liens granted hereunderupon any Collateral described in this Section 14.1; PROVIDEDprovided, HOWEVERhowever, that (i) the Administrative Collateral Agent shall not be required to execute any such documents document on terms which, in the Administrative Agent's its reasonable opinion, would would, under Applicable Law, expose the Administrative Collateral Agent to liability or create any obligation or entail any adverse consequence other than the release of such Liens without recourse or warranty, warranty and (ii) such release shall not in any manner discharge, affect or impair the Liabilities Secured Obligations or any Liens on (other than those expressly being released) upon (or obligations of the any Pledgor in respect of) all interests retained by the any Pledgor, including including, without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral. The security interest granted herein shall also be released as provided in the Security Agreement.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, each of the Pledgor Pledgors may, to the extent permitted by SECTION 9.02 Section 4.10 of the Credit AgreementIndenture, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) Section 13.04 of the Credit Agreement Indenture (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the applicable Pledgor, the Administrative Collateral Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDEDprovided, HOWEVERhowever, that (i) the Administrative Collateral Agent shall not be required to execute any such documents on terms which, in the Administrative Collateral Agent's opinion, would expose the Administrative Collateral Agent or any Holder to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor Pledgors in respect of) all interests retained by the any Pledgor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor Grantors may, to the extent permitted by SECTION 9.02 of the Credit Agreement, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) of the Credit Agreement (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the PledgorGrantors, the Administrative Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDED, HOWEVER, that (i) the Administrative Agent shall not be required to execute any such documents on terms which, in the Administrative Agent's opinion, would expose the Administrative Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor any Grantor in respect of) all interests retained by the Pledgorany Grantor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor may, to the extent permitted by SECTION 9.02 of the Credit Agreement, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) of the Credit Agreement (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the Pledgor, the Administrative Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDED, HOWEVER, that (i) the Administrative Agent shall not be required to execute any such documents on terms which, in the Administrative Agent's opinion, would expose the Administrative Agent to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor in respect of) all interests retained by the Pledgor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor may, to the extent permitted by SECTION 9.02 Section 4.12 of the Credit AgreementIndenture, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) Section 10.04 of the Credit Agreement Indenture (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the written request of the Pledgor, the Administrative Collateral Agent shall execute and deliver deliver, at the cost of the Pledgor, such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDEDprovided, HOWEVERhowever, that (i) the Administrative Collateral Agent shall not be required to execute any such documents on terms which, in the Administrative Agentany Secured Party's opinion, would expose the Administrative Collateral Agent or any Holder to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor in respect of) all interests retained by the Pledgor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.

Termination; Release of Collateral. Notwithstanding anything in this Agreement to the contrary, the Pledgor may, to the extent permitted by SECTION 9.02 Section 4.10 of the Credit AgreementIndenture, sell, assign, transfer or otherwise dispose of any Pledged Collateral. In addition, the Pledged Collateral shall be subject to release in accordance with SECTION 12.09(C) Section 13.04 of the Credit Agreement Indenture (such Pledged Collateral and the Pledged Collateral referred to in the immediately preceding sentence being the "Released Collateral"). The Liens under this Agreement shall terminate with respect to the Released Collateral upon such sale, transfer, assignment, disposition or release and upon the request of the Pledgor, the Administrative Collateral Agent shall execute and deliver such instrument or document as may be necessary to release the Liens granted hereunder; PROVIDEDprovided, HOWEVERhowever, that (i) the Administrative Collateral Agent shall not be required to execute any such documents on terms which, in the Administrative Collateral Agent's opinion, would expose the Administrative Collateral Agent or any Holder to liability or create any obligation or entail any consequence other than the release of such Liens without recourse or warranty, and (ii) such release shall not in any manner discharge, affect or impair the Liabilities or any Liens on (or obligations of the Pledgor in respect of) all interests retained by the Pledgor, including without limitation, the proceeds of any sale, all of which shall continue to constitute part of the Pledged Collateral.