Common use of Release of Borrower upon Release of Sites Clause in Contracts

Release of Borrower upon Release of Sites. Upon the Release of all Sites of any Borrower pursuant to this Section 11.4, such Borrower shall be released and discharged from all Obligations under the Loan Documents and the Notes (a “Borrower Release”).

Appears in 2 contracts

Samples: Loan and Security Agreement (American Tower Corp /Ma/), Loan and Security Agreement (American Tower Corp /Ma/)

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Release of Borrower upon Release of Sites. Upon the Release of all Sites of any Borrower pursuant to this Section 11.4, such Borrower shall be may released and discharged from all Obligations under the Loan Documents and the Notes (a “Borrower Release”), with Rating Agency Confirmation and the consent of the Lender (such determination to be made by the Servicer in accordance with the Servicing Standard).

Appears in 1 contract

Samples: Loan and Security Agreement (Sba Communications Corp)

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Release of Borrower upon Release of Sites. Upon the Release of all Sites of any Borrower pursuant to this Section 11.4, such Borrower shall may be released and discharged from all Obligations under the Loan Documents and the Notes (a “Borrower Release”), with Rating Agency Confirmation and the consent of Lender (such determination to be made by Servicer in accordance with the Servicing Standard).

Appears in 1 contract

Samples: Loan and Security Agreement (American Tower Corp /Ma/)

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