Common use of Authorization to Release Clause in Contracts

Authorization to Release. Notwithstanding the generality of the terms of Section 10.12 of the Credit Agreement, each Lender and Issuer and other Secured Party that is party hereto hereby expressly authorizes the Administrative Agent to release the Subject Assets from the Liens granted under the Loan Documents concurrent with, or upon the effectiveness of, the Disposition of such Subject Assets and the concurrent release of the Subject Assets from the Liens securing the HY Notes.