Common use of Termination of Security Interests; Release of Collateral Clause in Contracts

Termination of Security Interests; Release of Collateral. (a) Upon termination of this Agreement in accordance with Section 14 hereof (other than contingent indemnification obligations), the Security Interests shall automatically terminate and all rights to the Collateral shall automatically revert to the Debtors. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the Debtors, execute and deliver to the Debtors such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral. (b) The Secured Parties hereby agree that the Security Interests held on any Collateral constituting property being sold, transferred or disposed of in a disposition permitted hereunder or under the Notes shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the Notes. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the Debtors, execute and deliver to the Company such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. (a) Upon termination of this Agreement in accordance with Section 14 hereof (other than contingent indemnification obligations), the Security Interests shall automatically terminate and all rights to the Collateral shall automatically revert to the Debtors. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the Debtors, execute and deliver to the Debtors such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral. (b) The Agent and Secured Parties hereby agree that the Security Interests held on any Collateral constituting property being sold, transferred or disposed of in a disposition permitted hereunder or under the Notes Debentures shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the NotesDebentures. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the Debtors, execute and deliver delivery to the Company such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. (a) Upon termination of this Agreement in accordance with Section 14 hereof (other than contingent indemnification obligations), the Security Interests shall automatically terminate and all rights to the Collateral shall automatically revert to the Debtors. Upon any such termination of the Security Interests or release of such Collateral, the Agent Secured Party will, at the expense of the Debtors, execute and deliver to the Debtors such documents as the Debtors shall reasonably request, but without recourse or warranty to the AgentSecured Party, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral. (b) The Secured Parties Party hereby agree agrees that the Security Interests held on any Collateral constituting property being sold, transferred or disposed of in a disposition permitted hereunder or under the Notes Note shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the NotesNote. Upon any such termination of the Security Interests or release of such Collateral, the Agent Secured Party will, at the expense of the Debtors, execute and deliver delivery to the Company such documents as the Debtors shall reasonably request, but without recourse or warranty to the AgentSecured Party, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. (a) Upon termination of this Agreement in accordance with Section 14 hereof (other than contingent indemnification obligations), The Security Interests granted by the Borrower shall terminate when all the Release Conditions are satisfied; provided that the Security Interests in the Restricted Collateral shall automatically terminate when the Restricted Amount has been reduced to zero. (b) The Security Interests granted by the Borrower with respect to any Collateral shall terminate upon the sale of such Collateral to a Person other than the Borrower or one of its Subsidiaries in a transaction not prohibited by the Credit Agreement. Such termination shall not require the consent of any Secured Party, and all rights to the Collateral Agent shall automatically revert be fully protected in relying on a certificate of the Borrower as to whether any particular sale of assets is permitted under the Debtors. Upon Credit Agreement. (c) At any such termination of time before the Security Interests granted by the Borrower terminate, the Collateral Agent may, at the written request of the Borrower, release any Collateral with the prior written consent of the Required Banks. (d) Upon any termination of a Security Interest or release of such Collateral, the Collateral Agent will, at the expense of the DebtorsBorrower, execute and deliver to the Debtors Borrower such documents as the Debtors Borrower shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements request to evidence the termination of such Security Interest or the Security Interests in such Collateral. (b) The Secured Parties hereby agree that the Security Interests held on any Collateral constituting property being sold, transferred or disposed of in a disposition permitted hereunder or under the Notes shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the Notes. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the Debtors, execute and deliver to the Company such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateralcase may be.

Termination of Security Interests; Release of Collateral. (a) Upon termination the repayment in full in cash of this Agreement in accordance with Section 14 hereof all Obligations (other than contingent indemnification obligations), the Security Interests shall automatically terminate and all rights to the Collateral shall automatically revert to the Debtors. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the DebtorsCompany, execute and deliver to the Debtors Company such documents as the Debtors shall reasonably request, but without recourse or warranty warrant to the Agent, including but not limited to written authorization to file termination statements statement to evidence the termination of the Security Interests in such Collateral. (b) The Secured Parties hereby agree that to release the Security Interests held on any Collateral constituting property being sold, transferred or disposed of in a disposition permitted hereunder or under the Notes shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the NotesDebenture. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the DebtorsCompany, execute and deliver to the Company such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. (a) Upon termination the repayment in full in cash of this Agreement in accordance with Section 14 hereof all Secured Obligations (other than contingent indemnification obligations)obligations for which no claim has been asserted) and termination of all commitments of the Lenders under the Credit Agreement, the Security Interests shall automatically terminate without delivery of any instrument or document or action of any Person and all rights to the Collateral shall automatically revert to the DebtorsGrantors. Upon any such termination of the Security Interests or release of such Collateral, the Administrative Agent willwill promptly, at the expense of the DebtorsBorrower, execute and deliver to the Debtors Borrower such releases, termination statements, agreements and other documents as the Debtors Grantors shall reasonably request, but without recourse or warranty to the Administrative Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral. (b) The Secured Parties hereby agree that the Security Interests held on Administrative Agent is authorized to release (and shall release) any Collateral constituting property being sold, transferred or disposed that is either the subject of in a disposition permitted hereunder not prohibited by the Loan Documents or under the Notes shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the Notes. Upon any such termination that has been consented to in accordance with Section 10.2 of the Security Interests or release of such CollateralCredit Agreement, the Agent willand will promptly following written request therefor, at the expense of the DebtorsGrantors, execute and deliver to the Company applicable Grantor such releases, termination statements, agreements and other documents as the Debtors such Grantor shall reasonably request, but without recourse or warranty to the Administrative Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral. (c) Notwithstanding anything herein to the contrary or in any other Loan Document, Portfolio Investments constituting Collateral shall be automatically released from the Security Interests without any action of any party hereto, in connection with any disposition of Portfolio Investments that is permitted under the Credit Agreement.

Termination of Security Interests; Release of Collateral. (a) Upon termination of this Agreement in accordance with Section 14 hereof 14hereof (other than contingent indemnification obligations), the Security Interests shall automatically terminate and all rights to the Collateral shall automatically revert to the Debtors. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the Debtors, execute and deliver to the Debtors such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral. (b) The Agent and Secured Parties hereby agree that the Security Interests held on any Collateral constituting property being sold, transferred or disposed of in a disposition permitted hereunder or under the Notes Debentures shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the NotesDebentures. Upon any such termination of the Security Interests or release of such Collateral, the Agent will, at the expense of the Debtors, execute and deliver delivery to the Company such documents as the Debtors shall reasonably request, but without recourse or warranty to the Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.

Termination of Security Interests; Release of Collateral. (a) Upon termination of this Agreement in accordance with Section 14 hereof (other than contingent indemnification obligations), the Security Interests shall automatically terminate and all rights to the Collateral shall automatically revert to the DebtorsGrantors. Upon any such termination of the Security Interests or release of such Collateral, the Collateral Agent will, at the expense of the DebtorsGrantors, execute and deliver to the Debtors Grantors such documents as the Debtors Grantors shall reasonably request, but without recourse or warranty to the Collateral Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral. (b) The Secured Parties hereby agree that the Security Interests held on any Collateral constituting property being sold, transferred or disposed of in a disposition permitted hereunder or under the Notes shall automatically be released upon such sale, transfer or disposal permitted hereunder or under the Notes. Upon any such termination of the Security Interests or release of such Collateral, the Collateral Agent will, at the expense of the DebtorsGrantors, execute and deliver to the Company such documents as the Debtors Grantors shall reasonably request, but without recourse or warranty to the Collateral Agent, including but not limited to written authorization to file termination statements to evidence the termination of the Security Interests in such Collateral.