Common use of Automatic Release Clause in Contracts

Automatic Release. As provided in Section 9.02 of the Credit Agreement, a Guarantor shall be automatically released from its obligations under this Guarantee upon the satisfaction of the conditions set forth therein.

Appears in 7 contracts

Sources: Credit Agreement (Service Corp International), Credit Agreement (Service Corporation International), Credit Agreement (Service Corporation International)

Automatic Release. As provided in Section 9.02 9.02(c) of the Credit Agreement, a Guarantor shall be automatically released from its obligations under this Guarantee upon the satisfaction of the conditions set forth therein.

Appears in 1 contract

Sources: Revolving Credit Agreement (Carriage Services Inc)

Automatic Release. As provided in Section 9.02 of the Credit Agreement, a Guarantor shall be automatically released from its obligations under this Guarantee upon the satisfaction of the conditions set forth therein. Section 20.

Appears in 1 contract

Sources: Revolving Credit Agreement