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, Beneficiary, at Grantor’s expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Property to Grantor. Beneficiary shall also release Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the Indenture.

Appears in 3 contracts

Samples: Fixture Filing and Security Agreement (GNLV Corp), Fixture Filing and Security Agreement (GNLV Corp), Fixture Filing and Security Agreement (GNLV Corp)

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Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations, Beneficiary, at Grantor’s expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Property to Grantor. Beneficiary shall also release Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the IndentureLoan Agreement.

Appears in 3 contracts

Samples: Fixture Filing and Security Agreement (GNLV Corp), Fixture Filing and Security Agreement (GNLV Corp), Fixture Filing and Security Agreement (GNLV Corp)

Release or Reconveyance. Upon the full, final and indefeasible payment in full of the Indebtedness and performance in full of the Obligations, Beneficiary, at Grantor’s 's expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Property Collateral to Grantor. Beneficiary shall also release Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the Indenture.

Appears in 2 contracts

Samples: , Security Agreement (Mission West Properties Inc), , Security Agreement (Mission West Properties Inc)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations, Beneficiary, at Grantor’s 's expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Mortgaged Property to Grantor. Beneficiary shall also release Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the Indenture, as applicable.

Appears in 2 contracts

Samples: Behringer Harvard Short Term Opportunity Fund I Lp, Windrose Medical Properties Trust

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the ObligationsObligations (other than contingent indemnification obligations), Beneficiary, at Grantor’s 's expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Property to Grantor. Beneficiary shall also release Beneficiary’s 's lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the IndentureLoan Agreement.

Appears in 1 contract

Samples: Leases and Security Agreement (Interdent Inc)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations, Beneficiary, at Grantor’s expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Mortgaged Property to Grantor. Beneficiary shall also release , along with any reserves held by Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the Indenture.

Appears in 1 contract

Samples: Security Agreement and Fixture Filing (360 Global Wine Co)

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Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations, Beneficiary, at Grantor’s expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Property to Grantor. Beneficiary shall also release Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the Indenture.

Appears in 1 contract

Samples: Oasis Interval Ownership, LLC

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Obligations (other than contingent indemnification Obligations), and as otherwise provided in the Indenture and the Intercreditor Agreement, Beneficiary, at Grantor’s 's expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Property to Grantor. Beneficiary shall also release Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the Indenture.

Appears in 1 contract

Samples: Leases and Security Agreement (Interdent Inc)

Release or Reconveyance. Upon payment in full of the Indebtedness and performance in full of the Secured Obligations, Beneficiary, at Grantor’s 's expense, shall release the liens and security interests created by this Deed of Trust or reconvey the Trust Mortgaged Property to Grantor. Beneficiary shall also release Beneficiary’s lien and security interest created by this Deed of Trust or reconvey the Trust Property to Grantor upon the satisfaction of the release conditions contained in Section 3.5 or elsewhere in the Indenture.

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

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