Individual Property Releases. (a) Provided that no Event of Default is then continuing and all amounts then due and owing to Lender have been paid in full, Borrower shall have the right, at its option, on reasonable prior written notice to Lender, to obtain the release of one or more of the Properties from the Liens of the Loan Documents in connection with an arm’s-length Transfer of such Property, provided that the following conditions shall have been satisfied:
Appears in 4 contracts
Samples: Loan Agreement (Sears Holdings Corp), Loan Agreement, Loan Agreement (Sears Holdings Corp)
