Common use of REFINANCINGS AND RELEASES Clause in Contracts

REFINANCINGS AND RELEASES. HGP and HGP LP hereby agree to use commercially reasonable efforts to obtain the release of Prime Retail and Prime LP from any and all obligations under the First of America Loan Documents as promptly as practicable.

Appears in 4 contracts

Samples: Guaranty and Indemnity Agreement (Horizon Group Properties Inc), Guaranty and Indemnity Agreement (Prime Retail Inc/Bd/), Guaranty and Indemnity Agreement (Horizon Group Properties Inc)

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REFINANCINGS AND RELEASES. (a) HGP and HGP LP hereby agree to use commercially reasonable efforts to obtain the release of Prime Retail and Prime LP from any and all obligations under the First of America Loan Documents and the ULICO Loan Documents as promptly as practicable.

Appears in 2 contracts

Samples: Guaranty and Indemnity Agreement (Horizon Group Properties Inc), Guaranty and Indemnity Agreement (Prime Retail Lp)

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