Common use of No Default Prior to Release Clause in Contracts

No Default Prior to Release. No Event of Default shall exist under this Agreement or the other Loan Documents at the time of the Release Request or at the time of any such release, including, without limitation, under Section 7.21 hereof, except for any Event of Default which is cured or remedied by the removal of such Individual Property from being a Borrowing Base Property.

Appears in 9 contracts

Samples: Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

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No Default Prior to Release. No Event of Default shall exist under this Agreement or the other Loan Documents at the time of the Collateral Release Request or at the time of any such release, including, without limitation, under Section 7.21 hereof, except for any Event of Default which is cured or remedied by the removal of such Individual Property from being a Borrowing Base Property.

Appears in 4 contracts

Samples: Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Shopping Centers Inc), Revolving Credit Agreement (Mid America Apartment Communities Inc)

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No Default Prior to Release. No Event of Default shall exist under this Agreement or the other Loan Documents at the time of the Release Request or at after giving effect to the time release of any such releasethe UAP Property, including, without limitation, under Section 7.21 5.12 hereof, except for any Event of Default which is cured or remedied by the removal of such Individual Property from being a Borrowing Base UAP Property.

Appears in 1 contract

Samples: Credit Agreement (Griffin Capital Essential Asset REIT, Inc.)

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