(a) On the Termination Date, the Agent acting on behalf of the Senior Lenders agrees that, notwithstanding the terms of the Contract and Security Documents, the Authority may exercise its rights to have transferred to it or its nominee any Unrestricted Assets and the Agent will not exercise or seek to exercise any enforcement rights, and shall, on or before the date any Unrestricted Assets are transferred to the Authority or its nominee, as the case may be, release its security over them.
(b) On the Expiry Date the Agent, acting on behalf the Senior Lenders shall release any security granted in its favour over any Unrestricted Assets which have not previously been assigned or transferred to the Authority.
(c) On the Senior Debt Discharge Date the Agent acting on behalf of the Senior Lenders shall release any security granted in its favour over any Assets which have not previously been assigned to the Authority and this Agreement shall terminate in full.