TERM LOAN RELEASE EVENT

TERM LOAN RELEASE EVENT. After the occurrence and during the continuance of a Term Loan Event of Default, but prior to the commencement of an Insolvency Proceeding, the written request of the Term Loan Agent delivered to the Revolving Agent requesting that the Revolving Agent release its lien on any Term Loan Primary Collateral to be sold or otherwise disposed of, such written request to be delivered to the Revolving Agent not less than five (5) days prior to the proposed sale or disposition of any Term Loan... Primary Collateral. -4- View More