Common use of Conditions Precedent to Release of Property from the Collateral Pool Clause in Contracts

Conditions Precedent to Release of Property from the Collateral Pool. The release of a Mortgaged Property from the Collateral Pool is subject to the satisfaction of the following conditions precedent on or before the Closing Date:

Appears in 9 contracts

Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Senior Housing Properties Trust)

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Conditions Precedent to Release of Property from the Collateral Pool. The obligation of Lender to release of a Mortgaged Property from the Collateral Pool by executing and delivering the Release Documents on the Closing Date is subject to the satisfaction of the following conditions precedent on or before the Closing Date:

Appears in 3 contracts

Samples: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sunrise Assisted Living Inc)

Conditions Precedent to Release of Property from the Collateral Pool. The obligation of Lender to release of a Mortgaged Property from the a Collateral Pool by executing and delivering the Release Documents on the Closing Date is subject to the satisfaction Lender’s determination that each of the following conditions precedent on or before the Closing Datehas been satisfied:

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Archstone Smith Operating Trust)

Conditions Precedent to Release of Property from the Collateral Pool. The release obligation of Lender to Release a Mortgaged Property from the Collateral Pool by executing and delivering the Release Documents on the Closing Date is subject to the satisfaction Lender’s determination that each of the following conditions precedent on or before the Closing Datehas been satisfied:

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Colonial Realty Limited Partnership), Master Credit Facility Agreement (Colonial Properties Trust)

Conditions Precedent to Release of Property from the Collateral Pool. The obligation of Lender to release of a Mortgaged Property from the Collateral Pool is by executing and delivering the Release Documents on the Closing Date, are subject to the satisfaction of the following conditions precedent on or before the Closing Date:

Appears in 2 contracts

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Bre Properties Inc /Md/)

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Conditions Precedent to Release of Property from the Collateral Pool. The release of a Mortgaged Property from the Collateral Pool is subject to the satisfaction of the following conditions precedent on or before the Closing DateDate of such release:

Appears in 1 contract

Samples: Master Credit Facility Agreement (Brookdale Senior Living Inc.)

Conditions Precedent to Release of Property from the Collateral Pool. The release obligation of Lender to Release a Mortgaged Property from the Collateral Pool by executing and delivering the Release Documents on the Closing Date is subject to the satisfaction of the following conditions precedent on or before the Closing Dateprecedent:

Appears in 1 contract

Samples: Master Credit Facility Agreement (Newcastle Investment Corp)

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