Release, Sale and Exchange of Defaulted Assets and Terminated Lease Properties. (a) Subject to any additional requirements set forth in any applicable Series Supplement, the Property Manager, the Special Servicer and the applicable Issuer may release, sell or purchase, or permit the release, sale or purchase of, a Mortgage Loan or Property only on the terms and subject to the conditions set forth in this Section 3.15 or as otherwise expressly provided in or contemplated by Section 2.03 and Article VII or elsewhere in this Agreement and the Master Exchange Agreement, as applicable.
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Samples: Management and Servicing Agreement (Store Capital LLC), Management and Servicing Agreement (Store Capital LLC), Management and Servicing Agreement (STORE CAPITAL Corp)
Release, Sale and Exchange of Defaulted Assets and Terminated Lease Properties. (a) Subject to any additional requirements set forth in any applicable Series Supplement, the The Property Manager, the Special Servicer and the applicable Issuer may release, sell or purchase, or permit the release, sale or purchase of, a Mortgage Loan or Property only on the terms and subject to the conditions set forth in this Section 3.15 or as otherwise expressly provided in or contemplated by Section 2.03 and Article VII or elsewhere in this Agreement and the Master Exchange Agreement, as applicable.
Appears in 2 contracts
Samples: Management and Servicing Agreement (STORE CAPITAL Corp), Management and Servicing Agreement (STORE CAPITAL Corp)
Release, Sale and Exchange of Defaulted Assets and Terminated Lease Properties. (a) Subject to any additional requirements set forth in any applicable Series Supplement, the Property Manager, the Special Servicer and the applicable Issuer may release, sell or purchase, or permit the release, sale or purchase of, a Mortgage Loan or Property only on the terms and subject to the conditions set forth in this Section 3.15 and Section 7.07 or as otherwise expressly provided in or contemplated by Section 2.03 2.04 and Article VII or elsewhere in this Agreement and the Master Exchange Agreement, as applicable.
Appears in 2 contracts
Samples: Management and Servicing Agreement (American Finance Trust, Inc), Management and Servicing Agreement (American Finance Trust, Inc)
Release, Sale and Exchange of Defaulted Assets and Terminated Lease Properties. (a) Subject to any additional requirements set forth in any applicable Series Supplement, the Property Manager, the Special Servicer and the applicable Issuer may release, sell or purchase, or permit the release, sale or purchase of, a Mortgage Loan or Property only on the terms and subject to the conditions set forth in this Section 3.15 and Section 7.08 or as otherwise expressly provided in or contemplated by Section 2.03 2.04 and Article VII or elsewhere in this Agreement and the Master Exchange Agreement, as applicable.
Appears in 1 contract
Samples: Management and Servicing Agreement (Essential Properties Realty Trust, Inc.)
Release, Sale and Exchange of Defaulted Assets and Terminated Lease Properties. (a) Subject to any additional requirements set forth in any applicable Series Supplementthe Credit Agreement, the Property Manager, the Special Servicer and the applicable Issuer Borrower may release, sell or purchase, or permit the release, sale or purchase of, a Mortgage Loan or Property only on the terms and subject to the conditions set forth in this Section 3.15 or as otherwise expressly provided in or contemplated by Section 2.03 and Article VII or elsewhere in this Agreement and the Master Exchange Agreement, as applicable.
Appears in 1 contract
