Common use of Release on Payment in Full Clause in Contracts

Release on Payment in Full. Administrative Agent shall, upon the written request and at the expense of Borrowers, upon payment in full of all Obligations, release the Lien of the Mortgages and any other Loan Document on each Collateral Property not theretofore released.

Release on Payment in Full. Administrative Agent shall, upon the written request and at the expense of Borrowers, upon payment in full of all ObligationsObligations and the termination or expiration of all Commitments and any Letters of Credit, release the Lien of the Mortgages and any other Loan Document on each Collateral Property not theretofore released.

Release on Payment in Full. Administrative Agent shall, upon the written request and at the expense of BorrowersBorrower, upon payment in full of all ObligationsSecured Obligations due and owing or accrued, release (or, at Borrower’s sole cost and expense, assign the Security Instruments and Notes to a party requested by Borrower) the Lien of the Mortgages and any other Loan Document Security Instruments on each Collateral Property the Properties not theretofore released.

Release on Payment in Full. Administrative Agent shall, upon the written request and shall at the expense of BorrowersBorrower, upon payment in full of all Obligationsprincipal and interest on the Loans and all other amounts due and payable by Borrower under the Loan Documents in accordance with the terms and provisions of the Note and this Agreement, release the Lien of the Mortgages Mortgage and any other Loan Document on each Collateral Property not theretofore releasedDocuments from the Remaining Individual Properties.

Release on Payment in Full. Administrative Agent shall, upon the written request and at the expense of BorrowersBorrower, upon payment in full of all Obligationsprincipal and interest on the Loans and all other amounts of Debt, release the Lien of the Mortgages Mortgage and any other Loan Document on each Collateral Property not theretofore releasedDocuments from the Remaining Individual Properties.

Release on Payment in Full. Administrative Agent shall, upon the written request and at the expense of Borrowers, upon payment in full of all Obligationsprincipal and interest on the Loans and all other amounts of Debt, release the Lien of the Mortgages Mortgage and any other Loan Document on each Collateral Property not theretofore releasedDocuments from the Remaining Individual Properties.