Release of Liens; Financing Statements; Release Clause Samples

Release of Liens; Financing Statements; Release. Following the Indefeasible repayment of all monetary Obligations in full and in cash and the complete performance of all other Obligations (other than inchoate indemnity obligations and similar obligations that survive the termination of this Agreement), (a) Administrative Agent will deliver to Borrower, at Borrower’s expense, releases of all Liens arising under the Security Documents with an acknowledgment that the same have been terminated, and (b) Borrower shall deliver to Administrative Agent, Lenders and any Swap Counterparty a general release of all liabilities and obligations of each of them under this Agreement and the other Loan Documents.
Release of Liens; Financing Statements; Release. Following the Final Payment Date, (a) Lender will deliver to the Borrowers at the Borrowers’ expense, releases of all Liens arising under the Security Documents with an acknowledgment that the same have been terminated, and (b) Lender, on one hand, and Borrowers, on the other hand, shall deliver to each other a general release of all liabilities and obligations of each of them under this Agreement, the other Loan Documents and any Hedge Agreements.
Release of Liens; Financing Statements; Release. Upon the indefeasible payment in cash and performance in full of all Obligations under this Contract (other than indemnity obligations and similar obligations that survive the termination of this Agreement), Contractor will deliver to Owner, at Owner's expense, releases of all Liens arising under the Security Documents with an acknowledgment that the same have been terminated, and Owner shall deliver to Contractor a general release of all of Contractor's liabilities and obligations under this Contract. The obligations of Owner and Contractor under the other Contract Documents will survive the termination of this Contract and the release of the security interests.

Related to Release of Liens; Financing Statements; Release

  • Other Financing Statements and Liens Except as otherwise permitted under Section 9.06 of the Credit Agreement, without the prior written consent of the Administrative Agent (granted with the authorization of the Lenders as specified in Section 11.09 of the Credit Agreement), no Securing Party shall file or suffer to be on file, or authorize or permit to be filed or to be on file, in any jurisdiction, any financing statement or like instrument with respect to the Collateral in which the Administrative Agent is not named as the sole secured party for the benefit of the Lenders.

  • UCC Financing Statements Such UCC financing statements necessary or appropriate to perfect the security interests in the personal property collateral, as determined by the Collateral Agent.

  • Filing Financing Statements The Issuer has caused, or will cause within ten days after the Closing Date, the filing of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law to perfect the security interest Granted in the Collateral to the Indenture Trustee under this Indenture. All financing statements filed or to be filed against the Issuer in favor of the Indenture Trustee under this Indenture describing the Collateral will contain the following statement: “A purchase of or grant of a security interest in collateral described in this financing statement will violate the rights of the Secured Parties.”

  • Financing Statements, Etc The Grantor hereby authorizes the Secured Party to file (with a copy thereof to be provided to the Grantor contemporaneously therewith), at any time and from time to time thereafter, all financing statements, financing statement assignments, continuation financing statements, and UCC filings, in form reasonably satisfactory to the Secured Party. The Grantor shall execute and deliver and shall take all other action, as the Secured Party may reasonably request, to perfect and continue perfected, maintain the priority of or provide notice of the security interest of the Secured Party in the Collateral (subject to the terms hereof) and to accomplish the purposes of this Agreement. Without limiting the generality of the foregoing, the Grantor ratifies and authorizes the filing by the Secured Party of any financing statements filed prior to the date hereof that accomplish the purposes of this Agreement.

  • No Financing Statements, Security Agreements No financing statement or security agreement describing all or any portion of the Collateral which has not lapsed or been terminated naming such Grantor as debtor has been filed or is of record in any jurisdiction except (a) for financing statements or security agreements naming the Collateral Agent on behalf of the Secured Parties as the secured party, and (b) as permitted by Section 4.1(e).