Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the Collateral.
Appears in 18 contracts
Samples: Seventh Mezzanine Loan Agreement (Harrahs Entertainment Inc), First Mezzanine Loan Agreement (Harrahs Entertainment Inc), First Mezzanine Loan Agreement (Harrahs Entertainment Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Mortgage on the CollateralProperty.
Appears in 13 contracts
Samples: Project Loan Agreement (Acadia Realty Trust), Project Loan Agreement (Acadia Realty Trust), Loan Agreement (Cole Credit Property Trust II Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the CollateralMortgage.
Appears in 8 contracts
Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (United Realty Trust Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Mortgage on the CollateralProperty. Borrower shall pay to Lender all reasonable administrative and legal costs incurred in connection with such release.
Appears in 8 contracts
Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Security Instrument on the Collateraleach Individual Property not theretofore released.
Appears in 6 contracts
Samples: Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Security Instrument on the Collateraleach Individual Property not theretofore released.
Appears in 6 contracts
Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Thomas Properties Group Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the CollateralSecurity Instrument.
Appears in 5 contracts
Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust), Loan Agreement (Thomas Properties Group Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Mortgage on the Collateraleach Individual Property not theretofore released.
Appears in 5 contracts
Samples: Loan Agreement (Sabre Corp), Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Harrahs Entertainment Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the CollateralAgreement.
Appears in 4 contracts
Samples: Mezzanine Loan Agreement (Strategic Storage Trust VI, Inc.), Mezzanine Loan Agreement (Strategic Storage Trust VI, Inc.), Term Loan Agreement (Strategic Storage Trust VI, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note Notes and this Agreement, release the Lien of the Pledge Agreement on the CollateralMortgage.
Appears in 3 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon Upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents Debt in accordance with the terms and provisions of the Note and this AgreementAgreement and the other Loan Documents, Lender shall, upon the written request and at the sole cost and expense (including Lender’s reasonable attorneys’ fees and disbursements) of Borrower, release the Lien of the Pledge Agreement Mortgage on the Collateraleach Individual Property, in each case not theretofore released.
Appears in 3 contracts
Samples: Loan Agreement (Brixmor Property Group Inc.), Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.), Loan Agreement (Brixmor Property Group Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Agreementthereof, release the Lien of the Pledge Agreement on the CollateralMortgages if not theretofore released.
Appears in 3 contracts
Samples: Loan Agreement (Uniprop Manufactured Housing Communities Income Fund), Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien lien of the Pledge Agreement Security Instruments on the Collateraleach Individual Property not theretofore released.
Appears in 3 contracts
Samples: Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (American Realty Capital Trust III, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Loan Agreement, release the Lien of the Pledge Agreement Mortgage on the Collateraleach Individual Property not theretofore released.
Appears in 3 contracts
Samples: Loan Agreement (Koger Equity Inc), Loan Agreement (Wyndham International Inc), Loan Agreement (Koger Equity Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the CollateralCollateral not theretofore released and remit any remaining Reserve Funds to Borrower.
Appears in 3 contracts
Samples: Mezzanine a Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine E Loan Agreement (KBS Real Estate Investment Trust, Inc.), Mezzanine a Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Security Instrument on the CollateralProperty not theretofore released and remit any remaining Reserve Funds to Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Meristar Hospitality Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents Documents, including, without limitation, the Exit Fee, in accordance with the terms and provisions of the Note and this Agreement, (i) release the Lien of the Pledge Agreement Agreements and any other Loan Documents on the Collateral, and (ii) terminate the other Loan Documents.
Appears in 2 contracts
Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon Upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents Debt in accordance with the terms and provisions of the Note and this AgreementAgreement and the other Loan Documents, Lender shall, upon the written request and at the sole cost and expense (including Xxxxxx’s reasonable actually incurred attorneys’ fees and disbursements) of Borrower, release the Lien lien of the Pledge Agreement and the other Loan Documents (except that those that expressly survive such release) on the CollateralCollateral not theretofore released or assigned.
Appears in 2 contracts
Samples: Mezzanine B Loan Agreement (Industrial Logistics Properties Trust), Mezzanine a Loan Agreement (Industrial Logistics Properties Trust)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on or the CollateralCollateral not theretofore released and remit any remaining Reserve Funds to Borrower if the Loan has been paid in full.
Appears in 2 contracts
Samples: Loan Agreement (Meristar Hospitality Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Loan Agreement, release the Lien of the Pledge Agreement Mortgage on the Collateraleach Individual Property not theretofore released.
Appears in 2 contracts
Samples: Loan Agreement (Inland Real Estate Corp), Loan Agreement (Inland Real Estate Corp)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal of and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions conditions of the Note and this Agreement, release the Lien of the Pledge Agreement on the Collateraland remit any remaining Reserve Funds to Borrower.
Appears in 2 contracts
Samples: Mezzanine B Loan Agreement (Archstone Smith Operating Trust), Mezzanine B Loan Agreement (Archstone Smith Operating Trust)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on or the CollateralCollateral not theretofore released.
Appears in 2 contracts
Samples: Junior Mezzanine Loan Agreement (Felcor Lodging Trust Inc), Mezzanine Loan Agreement (Felcor Lodging Trust Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Security Instrument on the Collateraleach Individual Property not theretofore released and remit any remaining Reserve Funds to Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Felcor Lodging Trust Inc), Loan Agreement (Summit Hotel Properties LLC)
Release on Payment in Full. (a) Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Agreements on the CollateralCollateral or assign the Note and the Pledge Agreements, each without recourse, or covenant, representation or warranty of any nature, express or implied, to a new lender designated by Borrowers.
Appears in 2 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Loan Agreement, release the Lien of the Pledge Agreement Mortgage on the CollateralProperty.
Appears in 2 contracts
Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Loan Agreement, and upon satisfaction of the conditions set forth in the second sentence of Section 2.5.2 above, release the Lien of the Pledge Agreement Security Instrument on the CollateralProperty.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon Upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents Debt in accordance with the terms and provisions of the Note and this AgreementAgreement and the other Loan Documents, Lender shall, upon the written request and at the sole cost and expense (including Lender’s reasonable attorneys’ fees and disbursements) of Borrower, release the Lien of the Pledge Agreement Mortgage on the CollateralProperty.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Agreementthereof, release the Lien Properties from the Liens of the Pledge Agreement on Mortgages and the Collateralother Loan Documents if not theretofore released.
Appears in 1 contract
Samples: Loan Agreement (Prime Retail Lp)
Release on Payment in Full. (a) Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the Collateral.
Appears in 1 contract
Samples: First Mezzanine Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this AgreementAgreement , release the Lien of the Pledge Agreement on the Collateral.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (CNL Income Properties Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the CollateralPledged Collateral not theretofore released.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Mortgage on the Collateral.Property. Section 2.7
Appears in 1 contract
Samples: Project Loan Agreement
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this AgreementDocuments, release the Lien of the Pledge Agreement on Agreement. Borrower shall pay all costs, taxes and expenses associated with the Collateralrelease of the Lien of the Pledge Agreement, including Lender’s reasonable attorneys’ fees.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the CollateralCollateral not theretofore released.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and accrued interest due on the 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, release the Lien of the Pledge Agreement on the CollateralMortgage.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on the CollateralMortgage.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement on and the Collateral.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (CNL Healthcare Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, (i) release the Lien of the Pledge Agreement Agreements and the Mortgages on the Collateral, and (ii) terminate the other Loan Documents.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this AgreementAgreement (other than reimbursement, indemnity or similar obligations that survive the repayment of the Loan for which no claim has been made), release the Lien of the Pledge Agreement on the CollateralSecurity Instrument.
Appears in 1 contract
Release on Payment in Full. (b) . Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Mortgage on the CollateralProperty.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Loan Agreement, release the Lien of the Pledge Agreement Mortgage on the Collateraleach Individual Property not theretofore released.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note and this Loan Agreement, release the Lien Liens of the Pledge Agreement on the Collateral.Mortgages (and related Loan Documents) not theretofore released. Section 2.5
Appears in 1 contract
Samples: Loan Agreement (Horizon Group Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon (a) payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms thereof and provisions (b) termination of the Note and this AgreementCommitment, release the Lien Properties from the Liens of the Pledge Agreement on Mortgages and the Collateralother Loan Documents if not theretofore released.
Appears in 1 contract
Samples: Loan Agreement (Prime Retail Lp)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the 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, release the Lien of the Pledge Agreement Security Instrument on each Individual Property not theretofore released and remit any remaining Reserve Funds to or at the Collateraldirection of Borrower.
Appears in 1 contract
Samples: Loan Agreement (Netreit, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon (a) Upon payment in full of all principal and interest due on the Loan and all other amounts due and payable under the Loan Documents in accordance with the terms and provisions of the Note Loan Documents, upon the written request and this Agreementat the sole cost and expense of Borrower, Lender shall release the Lien of the Pledge Agreement on the CollateralAgreement.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Hersha Hospitality Trust)