Common use of Termination Upon Repurchase or Liquidation of All Mortgaged Properties or Discharge of Indenture Clause in Contracts

Termination Upon Repurchase or Liquidation of All Mortgaged Properties or Discharge of Indenture. The respective obligations and responsibilities under this Agreement of the Property Manager, the Special Servicer, the Back-Up Manager and the Issuers shall terminate upon the earlier of (i) liquidation or final payment under the last remaining Mortgage Loan or Lease with respect to a Mortgaged Property included in the Collateral Pool and (ii) satisfaction of the indebtedness evidenced by the Notes.

Termination Upon Repurchase or Liquidation of All Mortgaged Properties or Discharge of Indenture. The respective obligations and responsibilities under this Agreement of the Property Manager, the Special Servicer, the Back-Up Manager and the Issuers shall terminate upon the earlier of (i) liquidation or final payment under the last remaining Mortgage Loan or Lease with respect to a Mortgaged Property included in the Collateral Pool and (ii) satisfaction of the indebtedness evidenced by the NotesNotes and all amounts owed to the Insurers.

Termination Upon Repurchase or Liquidation of All Mortgaged Properties or Discharge of Indenture. The respective obligations and responsibilities under this Agreement of the Property Manager, the Special Servicer, the Back-Up Manager and the Issuers Issuer shall terminate upon the earlier of (i) liquidation or final payment under the last remaining Mortgage Loan or Loan, Mortgage Property and Lease with respect to a Mortgaged Property included in the Collateral Pool and (ii) satisfaction of the indebtedness evidenced by the NotesNotes and all amounts owed to the Insurers.