Release on Payment in Full. 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 Liens of the Security Instruments.
Appears in 2 contracts
Samples: Loan Agreement (Global Medical REIT Inc.), Loan Agreement (Global Medical REIT Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the sole cost and expense of Borrower, upon after payment in full of the Debt and the performance of the Other Obligations in accordance with the terms and provisions of this Agreement each Security Instrument and the other Loan Documents, release the Liens Lien of each Security Instrument and the Security Instrumentsother Loan Documents on the Property.
Appears in 2 contracts
Samples: Loan Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Loan Agreement (Cole Credit Property Trust Iv, Inc.)
Release on Payment in Full. 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 Liens Lien of the Security InstrumentsInstrument.
Appears in 1 contract
Samples: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)
Release on Payment in Full. 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 Liens Lien of the Security InstrumentsInstrument and 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 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 Liens Lien of the Security InstrumentsInstrument on each Individual Property not theretofore released and remit any remaining Reserve Funds to or at the direction 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 sole cost and expense of Borrower, upon after payment in full of the Debt in accordance with release the terms Lien of this Agreement the Security Instrument and the other Loan Documents, release Documents on the Liens of the Security InstrumentsProperty.
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 on the Debt Loan and all other amounts due and payable under the Loan Documents in accordance with the terms thereof, release the Properties from the Liens of this Agreement the Mortgages and the other Loan Documents, release the Liens of the Security InstrumentsDocuments 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 shall at the sole cost and expense of Borrower, upon after payment in full of the Debt and the performance of the Other Obligations in accordance with the terms and provisions of this Agreement the Security Instrument and the other Loan Documents, release the Liens Lien of the Security InstrumentsInstrument and the other Loan Documents on the Property.
Appears in 1 contract
Samples: Loan Agreement (AmREIT, Inc.)
