Common use of Termination of Assignment Clause in Contracts

Termination of Assignment. Upon payment in full of the Loan and the delivery and recording of a satisfaction or discharge of Mortgage duly executed by Assignee, this Assignment shall become and be void and of no effect.

Appears in 2 contracts

Samples: Assignment of Leases and Rents (Inland Diversified Real Estate Trust, Inc.), Assignment of Leases and Rents (Dm Management Co /De/)

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Termination of Assignment. Upon payment in full of the Loan Secured Obligations and the delivery and recording of a satisfaction satisfaction, release, reconveyance or discharge of the Mortgage duly executed by Assignee, this Assignment shall become and be void and of no effect.

Appears in 1 contract

Samples: Term Loan Agreement (LSB Industries Inc)

Termination of Assignment. Upon payment in full of the Loan Debt and the delivery and recording of a satisfaction satisfaction, release or discharge of Mortgage duly executed by Assignee, this Assignment shall become and be void and of no effect.

Appears in 1 contract

Samples: Assignment of Leases and Rents (Concord Milestone Plus L P)

Termination of Assignment. Upon payment in full to Assignee of the Loan and full ------------------------- amount of the delivery and recording of Secured Indebtedness, as evidenced by a recorded satisfaction or discharge release of the Mortgage, or otherwise upon the release of the Mortgage duly executed by Assigneein accordance with its terms or the requirements of the Credit Agreement, this Assignment shall become and be void and of no effect.

Appears in 1 contract

Samples: Assignment of Leases and Rents (Ventas Inc)

Termination of Assignment. Upon payment in full of the Loan Secured Obligations and the delivery and recording of a satisfaction satisfaction, release, reconveyance, or discharge of the Mortgage duly executed by Assignee, this Assignment shall become and be void and of no effect.

Appears in 1 contract

Samples: Term Loan Agreement (LSB Industries Inc)

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Termination of Assignment. Upon payment in full of the Loan Secured Obligations and the delivery and recording of a satisfaction satisfaction, release, reconveyance or discharge of the Mortgage duly executed by Assignee, this Assignment Agreement shall become and be void and of no effect.

Appears in 1 contract

Samples: Term Loan Agreement (LSB Industries Inc)

Termination of Assignment. Upon payment in full of the Loan Debt and the delivery and recording of a satisfaction satisfaction, release or discharge of the Mortgage duly executed by Assignee, this Assignment shall become and be void and of no effect.

Appears in 1 contract

Samples: Assignment of Leases and Rents (Ramco Gershenson Properties Trust)

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