Common use of Release of Lender as Condition to Lien Termination Clause in Contracts

Release of Lender as Condition to Lien Termination. In recognition of Lender’s right to have all its attorneys fees and expenses incurred in connection with this Loan Agreement secured by the Collateral, notwithstanding payment in full of the Loan and all other obligations secured by the Collateral, Lender shall not be required to release, reconvey, or terminate any Security Document unless and until Borrower has executed and delivered to Lender general releases in form and substance satisfactory to Lender.

Release of Lender as Condition to Lien Termination. In recognition of Lender’s right to have all its attorneys attorneys’ fees and expenses incurred in connection with this Loan and Security Agreement secured by the Collateral, notwithstanding payment in full of the Loan and all other obligations secured by the Collateral, Lender shall not be required to release, reconvey, or terminate any Security Document unless and until Borrower has and all Guarantors have executed and delivered to Lender general releases in form and substance satisfactory to Lender.

Release of Lender as Condition to Lien Termination. In recognition of Lender’s right to have all its attorneys fees and expenses incurred in connection with this Loan Agreement secured by the Collateral, notwithstanding payment in full of the Loan and all other obligations secured by the Collateral, Lender shall not be required to release, reconvey, or terminate any Security Document unless and until Borrower has and all Guarantors have executed and delivered to Lender general releases in form and substance satisfactory to Lender.

Release of Lender as Condition to Lien Termination. In recognition of Lender’s right to have all its attorneys fees and expenses incurred in connection with this Loan Agreement secured by the Collateral, notwithstanding payment in full of the Loan and all other obligations secured by the Collateral, Lender shall not be required to release, reconvey, or terminate any Security Document unless and until Borrower has executed and delivered to Lender a general releases release substantially in the form and substance satisfactory to Lender.attached hereto as Exhibit C.

Release of Lender as Condition to Lien Termination. In recognition of Lender’s right to have all its attorneys attorneys’ fees and expenses incurred in connection with this Loan and Security Agreement secured by the Collateral, notwithstanding payment in full of the Loan and all other obligations secured by the Collateral, Lender shall not be required to release, reconvey, or terminate any Security Document unless and until Borrower has executed and delivered to Lender a general releases release in form and substance satisfactory to Lender.