Common use of Release or Reconveyance Clause in Contracts

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit Agreement, Beneficiary, at Grantor's request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantor.

Appears in 3 contracts

Samples: Credit Agreement (Headwaters Inc), Credit Agreement (Headwaters Inc), Security Agreement (Icg Communications Inc /De/)

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Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit Agreement, Beneficiary, at Grantor's ’s request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantor.

Appears in 3 contracts

Samples: Credit Agreement (Dean Foods Co), Assignment and Assumption (Aventine Renewable Energy Holdings Inc), Credit Agreement (PGT, Inc.)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit AgreementObligations, Beneficiary, at Grantor's request and ’s expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantor.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (KBS Strategic Opportunity REIT, Inc.), Deed of Trust and Security Agreement (NNN 2003 Value Fund LLC)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations (other than Unasserted Obligations), or upon a sale or other disposition of the Mortgaged Property permitted by the Credit Agreement, Beneficiary, at Grantor's ’s request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantorthe Person or Persons legally entitled thereto.

Appears in 2 contracts

Samples: Credit Agreement (Skilled Healthcare Group, Inc.), Credit Agreement (Skilled Healthcare Group, Inc.)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit AgreementObligations, Beneficiary, at Grantor's request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey reconvey, without warranty, the Mortgaged Property to Grantorthe Person or Persons legally entitled thereto.

Appears in 2 contracts

Samples: Maxxam Inc, Maxxam Inc

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit AgreementObligations, Beneficiary, at Grantor's request and ’s expense, shall release the liens and security interests created by this Deed of Trust or reconvey reconvey, without warranty, the Mortgaged Property to Grantorthe Person or Persons legally entitled thereto.

Appears in 2 contracts

Samples: Maxxam Inc, Maxxam Inc

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations Secured Debt, or upon a sale or other disposition of the Mortgaged Property permitted by the Credit Agreement and the Collateral Trust Agreement, Beneficiary, at Grantor's ’s request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantor.

Appears in 2 contracts

Samples: Security Agreement (Consol Energy Inc), Collateral Trust Agreement (Consol Energy Inc)

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Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit Note and Warrant Purchase Agreement, Beneficiary, at Grantor's request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantor.

Appears in 1 contract

Samples: Escrow Agreement (Icg Communications Inc /De/)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit AgreementLoan Documents, Beneficiary, at Grantor's ’s request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantor.

Appears in 1 contract

Samples: Security Agreement (Consol Energy Inc)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations or upon a sale or other disposition of the Mortgaged Property permitted by the Credit Contribution and Loan Agreement, Beneficiary, at Grantor's request and expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Mortgaged Property to Grantor.

Appears in 1 contract

Samples: Contribution and Loan Agreement (Delphi Properties Inc)

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