First Pledge Lien Termination Date

First Pledge Lien Termination Date. Means either (a) the date on which the First Pledge Lien is released in accordance with the terms of the Collateral Agency Agreement or (b) the date on which all Bank Obligations are Fully Satisfied (as defined in the Collateral Agency Agreement), whichever shall first occur; provided, however, that if a First Lien Termination Date is deemed not to have occurred under Section 5.2(f) of the Collateral Agency Agreement, any First Pledge Lien Termination Date that has occurred shall likewise be... deemed not to have occurred, and such event shall be governed by the terms and provisions of Section 5.2(f) of the Collateral Agency Agreement. 3 View More