Example ContractsClausesGuarantee and Collateral Matters
Guarantee and Collateral Matters
Guarantee and Collateral Matters contract clause examples

. Without limiting the provisions of [Section 9.09], each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank and a holder of other Secured Obligations[[Borrower:Organization]] and the L/C Issuers irrevocably authorize the Administrative Agent to, (a[[Borrower:Organization]] release any Lien on any property granted to or held by the Administrative Agent or the Collateral Agent under any Loan Document # upon termination of the Aggregate Commitments under this Agreement and, if the Nexstar Guaranty Date has occurred, the “Aggregate Commitments” as defined in the Nexstar Credit Agreement and payment in full of all Secured Obligations (excluding contingent indemnification obligations not yet accrued and payable[[Borrower:Organization]] and the expiration or termination of all Letters of Credit (if any[[Borrower:Organization]] issued under this Agreement and, if the Nexstar Guaranty Date has occurred, “Letters of Credit” as defined in the Nexstar Credit Agreement (other than # Letters of Credit and, if the Nexstar Guaranty Date has occurred, “Letters of Credit” as defined in the Nexstar Credit Agreement, (if any[[Borrower:Organization]], # obligations under Secured Hedge Agreements and, if the Nexstar Guaranty Date has occurred, “Secured Hedge Agreements” as defined in the Nexstar Credit Agreement, in each case not yet due and payable, and # Cash Management Obligations and, if the Nexstar Guaranty Date has occurred, “Cash Management Obligations” as defined in the Nexstar Credit Agreement, in each case not yet due and payable, and, in each case of (x[[Borrower:Organization]], (y[[Borrower:Organization]] and (z[[Borrower:Organization]] preceding, as to which other arrangements satisfactory to the relevant Group Administrative Agent, and the relevant Group L/C Issuer, the relevant Group Hedge Bank or the relevant Group Cash Management Bank, as applicable, shall have been made[[Borrower:Organization]], # at the time the property subject to such Lien is transferred or to be transferred as part of or in connection with any sale or other Disposition permitted hereunder or under any other Loan Document, # subject to [Section 10.01], if approved, authorized or ratified in writing by the Majority Lenders, or # if the property subject to such Lien is owned by a Guarantor, upon release of such Guarantor from its obligations under its Guaranty pursuant to the terms of this Agreement;

Collateral and Guarantee Matters . Without limiting the provisions of [Section 9.09], each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank and a holder of other Secured Obligations[[Borrower:Organization]] and the L/C Issuers irrevocably authorize the Administrative Agent to,

Guarantee and Collateral Matters. Upon the request of the Borrower, the Administrative Agent will,

. Upon the request of the Borrower, the Administrative Agent will,

Collateral and Guarantee Matters. Without limiting the provisions of Section 9.09, each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank and a holder of other Secured Obligations[[Borrower:Organization]] and the L/C Issuers irrevocably authorize the Administrative Agent to,

Lenders irrevocably authorize Agent, at its option and in its discretion, # to release any Lien granted to or held by Agent under any Collateral Document # when all Obligations have been Paid in Full; # constituting property sold or to be sold or disposed of as part of or in connection with any sale or other disposition permitted hereunder (including by consent, waiver or amendment and it being agreed and understood that Agent may conclusively rely without further inquiry on a certificate of an officer of Borrower as to the sale or other disposition of property being made in compliance with this Agreement); or

Guarantee and Collateral Matters . Upon the request of the Borrower, the Administrative Agent will,

. Without limiting the provisions of Section 9.09, each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank and a holder of other Secured Obligations[[Borrower:Organization]] and the L/C Issuers irrevocably authorize the Administrative Agent to,

Guarantee and Collateral Matters. Upon the request of the Borrower, the Administrative Agent will,

Collateral and Guarantee Matters. Without limiting the provisions of Section 9.09, each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank and a holder of other Secured Obligations[[Borrower:Organization]] and the L/C Issuers irrevocably authorize the Administrative Agent to,

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