Common use of Release of Properties Clause in Contracts

Release of Properties. Except as set forth in this Section 2.6, no repayment or prepayment of all or any portion of the Note shall cause, give rise to a right to require, or otherwise result in, the release of the Lien of any Mortgage.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust Inc), Loan Agreement (Cole Credit Property Trust III, Inc.)

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Release of Properties. Except as set forth in this Section 2.6, no repayment or prepayment of all or any portion of the Note shall cause, give rise to a right to require, or otherwise result in, the release or assignment of the any Lien of any Mortgageeither Pledge Agreement on the Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)

Release of Properties. Except as set forth in this Section 2.62.5, no repayment or prepayment of all or any portion of the Note shall cause, give rise to a right to require, or otherwise result in, the release of the Lien of the Security Instrument on the Premises or any Mortgageportion thereof.

Appears in 2 contracts

Samples: Loan Agreement (RFS Hotel Investors Inc), Loan Agreement (RFS Hotel Investors Inc)

Release of Properties. Except as set forth in this Section 2.62.5, no repayment or prepayment of all or any portion of the Note shall cause, give rise to a right to require, or otherwise result in, the release of the Lien of the Security Instruments on the Premises or any Mortgageportion thereof.

Appears in 1 contract

Samples: Loan Agreement (Innkeepers Usa Trust/Fl)

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Release of Properties. Except as set forth in this Section 2.62.4, no repayment repayment, prepayment or prepayment defeasance of all or any portion of the Note shall cause, give rise to a right to require, or otherwise result in, the release of the any Lien of any Mortgage.Mortgage on any of the Properties. 2.4.1

Appears in 1 contract

Samples: Loan Agreement (Horizon Group Inc)

Release of Properties. Except as set forth in this Section 2.62.5, no repayment or prepayment of all or any portion of the Note Notes shall cause, give rise to a right to require, or otherwise result in, the release of the Lien of any MortgageMortgage on any Property.

Appears in 1 contract

Samples: Indenture (Strategic Hotel Capital Inc)

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