Common use of Lender’s Option to Release Any Guarantor Clause in Contracts

Lender’s Option to Release Any Guarantor. Lender may, from time to time in its sole discretion, release any of the Guarantors from any of its obligations hereunder or release any other obligor from any of the Liabilities without notice to any other Guarantor or any other party and without in any way releasing or affecting the liability of the other Guarantors.

Appears in 3 contracts

Samples: Security Agreement and Fixture Filing (Glimcher Realty Trust), Glimcher Realty Trust, Glimcher Realty Trust

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Lender’s Option to Release Any Guarantor. The Lender may, may from time to time in its sole discretion, discretion release any of the Guarantors Guarantor from any of its obligations hereunder or release any other obligor from any of the Liabilities without notice to any other Guarantor or any other party and without in any way releasing or affecting the liability of the other GuarantorsGuarantor.

Appears in 2 contracts

Samples: Inland Real Estate Corp, Ramco Gershenson Properties Trust

Lender’s Option to Release Any Guarantor. Lender may, from time to time in its sole discretion, release any of the Guarantors from any of its obligations hereunder Borrower or release any other obligor from any of the Liabilities without notice to any other Guarantor or any other party and without in any way releasing or affecting the liability of the other GuarantorsGuarantor.

Appears in 1 contract

Samples: Inland American Real Estate Trust, Inc.

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Lender’s Option to Release Any Guarantor. The Lender may, may from time to time in its sole discretion, discretion release any of the Guarantors Guarantor from any of its obligations hereunder or release any other obligor from any of the Liabilities without notice to any other Guarantor or any other party and without in any way releasing or affecting the liability of the other GuarantorsGuarantor.

Appears in 1 contract

Samples: Inland Real Estate Corp

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