Common use of Defeasance; Prepayment Clause in Contracts

Defeasance; Prepayment. (a) Except as set forth in this Section 15.01, no prepayment or defeasance of the Debt may be made by or on behalf of Borrower in whole or in part.

Appears in 9 contracts

Samples: Loan and Security Agreement (Etre Reit, LLC), Ashford Hospitality Trust Inc, Mortgage, Security Agreement (Ashford Hospitality Trust Inc)

AutoNDA by SimpleDocs

Defeasance; Prepayment. (a) Except as set forth in this Section 15.01, no prepayment or defeasance of the Debt may be made by or on behalf of Borrower Grantor in whole or in part.

Appears in 1 contract

Samples: RLJ Lodging Trust

AutoNDA by SimpleDocs

Defeasance; Prepayment. (a) Except as set forth in this Section 15.01, no prepayment or defeasance of the Debt may be made by or on behalf of Borrower Grantor (except as required by Beneficiary pursuant to the terms of this Deed of Trust) in whole or in part.

Appears in 1 contract

Samples: Prime Retail Inc

Time is Money Join Law Insider Premium to draft better contracts faster.