Release of Property. Except as set forth in Section 2.7 below, no repayment, 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 of the Security Instruments. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance with the terms of this Agreement and the other Loan Documents, release the Lien of the Security Instruments.
Appears in 8 contracts
Samples: Loan Agreement (FTE Networks, Inc.), Loan Agreement (FTE Networks, Inc.), Loan Agreement (FTE Networks, Inc.)
Release of Property. Except as set forth in this Section 2.7 below2.6, no repayment, 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 of the Security Instruments. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance with the terms of this Agreement and the other Loan Documents, release the Lien of the Security InstrumentsInstrument.
Appears in 3 contracts
Samples: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.), Loan Agreement (Howard Hughes Corp), Loan Agreement (Glimcher Realty Trust)
Release of Property. Except as set forth in this Section 2.7 below2.5 or Section 5.2.11, no repayment, 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 of the Security InstrumentsInstrument. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Debt Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Agreement and the other Loan DocumentsAgreement, release the Lien of the Security InstrumentsInstrument.
Appears in 2 contracts
Samples: Loan Agreement (Caesars Acquisition Co), Loan Agreement (Harrahs Entertainment Inc)
Release of Property. Except as set forth in this Section 2.7 below2.5, no repayment, 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 of the Security InstrumentsInstrument. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Debt Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Agreement and the other Loan DocumentsAgreement, release the Lien of the Security InstrumentsInstrument.
Appears in 1 contract
Samples: Loan Agreement (Bh Re LLC)
Release of Property. Except as set forth in this Section 2.7 below2.6, 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 of the Security Instruments. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance with the terms of this Agreement and the other Loan Documents, release the Lien of the Security InstrumentsInstrument.
Appears in 1 contract
Release of Property. Except as set forth in Section 2.7 below, no No repayment, 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 of the Security InstrumentsInstrument. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance with the terms of this Agreement and the other Loan Documents, execute such instruments and agreements as needed in order to release the Lien of the Security InstrumentsInstrument.
Appears in 1 contract
Release of Property. Except as set forth in this Section 2.7 below2.6, no repayment, 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 of the Security InstrumentsMortgage. Lender shall, upon the written request and at the expense of BorrowerBxxxxxxx, upon payment in full of all principal and interest due on the Debt Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Agreement and the other Loan DocumentsAgreement, release the Lien of the Security InstrumentsMortgage.
Appears in 1 contract
Samples: Building Loan Agreement (ACRES Commercial Realty Corp.)
Release of Property. Except as set forth in this Section 2.7 below2.5 or otherwise in this Agreement, no repayment, prepayment or 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 Lien of any of the Security Instruments. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance with the terms of this Agreement and the other Loan Documents, release the Lien of the Security InstrumentsInstrument.
Appears in 1 contract
Samples: Loan and Security Agreement (Urban Edge Properties)
Release of Property. Except as set forth in Section 2.7 2.12.8 below, no repayment, prepayment 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 lien of the Security Instruments. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance with the terms of this Agreement and the other Loan Documents, release the Lien of the Security InstrumentsInstrument.
Appears in 1 contract
Samples: Loan Agreement (Hines Real Estate Investment Trust Inc)
