REVOLVING RELEASE EVENT

Example Definitions of "REVOLVING RELEASE EVENT"
REVOLVING RELEASE EVENT. After the occurrence and during the continuance of an Event of Default, but prior to the commencement of an Insolvency Proceeding, the written request of the Revolving Agent delivered to the Term Loan Agent requesting that the Term Loan Agent release its lien on any Revolving Primary Collateral to be sold or otherwise disposed of, such written request to be delivered to the Term Loan Agent not less than five (5) days prior to the proposed sale or disposition of any Revolving... Primary Collateral. View More Arrow
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