Section 7.02 Waiver of Security Right. the privileges granted to the administrative agent in favour of the secured parties will be automatically released (i) if and only if all obligations have been paid in full and all obligations have been terminated (with the exception of conditional indemnification obligations for which no claim has yet been made) or (ii) upon sale or disposition of the applicable collateral by the borrower in accordance with the terms and conditions of the This Agreement and, in any event, the Administrative Agent (for itself and on behalf of the other Secured Parties) will immediately execute, provide and submit or authorize, at the Borrower`s expense, and submit or authorize the submission of such instruments as the Borrower reasonably requests in order to reallocate, release or terminate the Secured Parties` security right in the relevant collateral. All acts performed under this Article VII with respect to the guarantee shall be performed without recourse, representation or guarantee by a secured party and shall be at the expense and expense of the borrower. A security agreement is a legal document that provides the lender with a security right in an asset or asset pledged as collateral. It assigns the legal claim on the security right to the creditor in the event of default by the borrower. A transaction that uses a security right is often referred to as a “secured transaction”, in which the grantor assigns a secured interest in the security to the beneficiary (usually a lender). Section 4.12 Waiver of Security Right. No later than the occurrence of (a) the repayment of all obligations to Buyer and the performance of all obligations under the Program Agreements and (b) the occurrence of the date of termination, Buyer shall release its security right in all remaining repurchase assets and immediately execute the documents or instruments and immediately deliver to them such documents or instruments as Seller reasonably needs to prove such release; provided that such release is not required until the confirmation contract is terminated. In connection with an authorized sale and all excluded assets, Buyer shall immediately sign and deliver to Seller a waiver of lien, essentially in the form set forth in Annex H to the Basic Agreement, and any other document or instrument reasonably necessary by Seller to prove the release of a security right. Section 4.16 Waiver of Security Right. Upon termination of this Agreement and (i) reimbursement of all obligations (other than unclaimed contingent claims) and performance of all obligations under the Program Agreements to the Administrative Agent for the benefit of Buyers, and (ii) as long as no event of default has occurred under it, the Administrative Agent and the Buyers will release their security interest in all remaining repurchase assets and will retain such documents. immediately and provide them with these documents without delay. or instruments reasonably necessary for Seller to prove such release.

Notwithstanding the foregoing, Seller may, upon notice to The Management Agent, transfer or otherwise dispose of all maintenance rights sold and/or pledged herein, and the Management Agent and seller shall amend Schedule 2 to this Agreement to reflect such transfer or sale, provided that (i) Seller has reimbursed all obligations relating to such maintenance rights to the Management Agent; (ii)there is no margin deficit after implementation and (iii)there is no default event; provided that the administrative officer does not release his security right in those service fees until all the obligations relating to those service rights have been fulfilled. In connection with such a transfer or sale, the Administrative Agent, at the request of the Seller, will remit a UCC-3 financing statement to the Seller`s account or authorize the Seller or its agents to file a UCC-3 Financing Statement to release the security of the Administrative Agents on such service rights and repurchase assets. A secured promissory note may include a security agreement as part of its terms. If a security agreement mentions commercial property as security, the lender may file a UCC-1 declaration that serves as a lien on the asset. SECTION 4. Release of security interests. In the event of (i) sale, transfer or any other provision of patent guarantee in accordance with the credit agreement or (ii) the inevitable full payment in cash of the obligations and the termination of the revolving obligation (as defined in the credit agreement), the secured party shall immediately, at the request of the grantor and at the same time with any refinancing of the obligations, at the grantor`s expense, all instruments and other Documents necessary or appropriate to release and deliver to the licensor the lien and security right in the patent security right granted under this Agreement. .