Release of Subsidiary Guarantors from Subsidiary Guaranties. The Subsidiary Guaranty provided by a Subsidiary Guarantor shall be automatically released, solely as it relates to such Subsidiary Guarantor, at such time as such Subsidiary Guarantor is no longer a Direct Owner of an Unencumbered Asset.
Appears in 4 contracts
Samples: Revolving Credit and Term Loan Agreement (Invitation Homes Inc.), Revolving Credit and Term Loan Agreement (Invitation Homes Inc.), Term Loan Agreement (Invitation Homes Inc.)