Collateral Release. In lieu of all other provisions of the Loan Documents with respect to the release or substitution of Collateral (which provisions shall no longer be applicable), Lender agrees to release its lien on the Sites (the “Release Collateral”), upon payment to Lender (the “Release Price”) of the following amount with respect to each Site released:
Appears in 3 contracts
Samples: Loan Modification Agreement (Supertel Hospitality Inc), Loan Modification Agreement (Supertel Hospitality Inc), Loan Modification Agreement (Supertel Hospitality Inc)
Collateral Release. In lieu of all other provisions of the Loan Documents with respect to the release or substitution of Collateral (which provisions shall no longer be applicable), Lender agrees to release its lien on the Sites identified on Exhibit D (the “Release Collateral”), upon payment to Lender (the “Release Price”) of the following amount with respect to each Site releasedProperty:
Appears in 1 contract
Samples: Loan Modification Agreement (Supertel Hospitality Inc)
