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 or assignment of any Lien of either Pledge Agreement on the Collateral 35 Section 2.7 Cash Management 35 ARTICLE 3 CONDITIONS PRECEDENT 39

Appears in 2 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (MPG Office Trust, 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 any Lien of either Pledge Agreement on the Collateral 35 Section 2.7 Cash Management 35 ARTICLE 3 CONDITIONS PRECEDENT 39Collateral. 2.6.1 [Intentionally Omitted] 2.6.2

Appears in 2 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (MPG Office Trust, Inc.)

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