Release of All Property. (a) After the Permitted Defeasance Date, if Bxxxxxxx has elected to defease the entire Loan, and after the Permitted Prepayment Date, if Bxxxxxxx has elected to prepay the entire Loan, and all the applicable requirements of Section 2.4 hereof and this Section 2.5 have been satisfied, all of the Property shall be released from the Lien of the respective Security Instruments.
Appears in 3 contracts
Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Necessity Retail REIT, Inc.), Loan Agreement (Healthcare Trust, Inc.)
Release of All Property. (a) After the Permitted Defeasance Date, if Bxxxxxxx Xxxxxxxx has elected to defease the entire Loan, and after the Permitted Prepayment Date, if Bxxxxxxx Xxxxxxxx has elected to prepay the entire Loan, and all the applicable requirements of Section 2.4 hereof and this Section 2.5 have been satisfied, all of the Property shall be released from the Lien of the respective Security Instruments.
Appears in 1 contract
