Common use of Voluntary Defeasance Clause in Contracts

Voluntary Defeasance. 21 2.4.2 Successor Borrower .......................................... 23 Section 2.5 Release of Property ..................................... 23 2.5.1 Release of all Properties .................................. 23 2.5.2 Release of Individual Property ............................. 24 2.5.3 Release on Payment in Full ..............................

Voluntary Defeasance. 21 25 2.4.2 Successor Borrower .......................................... 23 Borrower......................................................... 26 2.4.3 Release of Property........................................................ 27 Section 2.5 Release of Property ..................................... 23 2.5.1 Release of all Properties .................................. 23 2.5.2 Release of Individual Property ............................. 24 2.5.3 Release on Payment in Full ..............................Full............................................. 27 III.

Voluntary Defeasance. 21 2.4.2 Successor Borrower .......................................... Borrower(s)........................................23 Section 2.5 Release of Property ..................................... Property........................................23 2.5.1 Release of all Properties .................................. Entire Property...................................23 2.5.2 Release of Individual Property ............................. 24 Property...............................23 2.5.3 Release on Payment in Full ..............................Full.................................

Voluntary Defeasance. 21 15 2.4.2 Successor Borrower .......................................... 23 Borrower.................................................................... 17 2.4.3 Mandatory Defeasance.................................................................. 17 Section 2.5 Release of Property ..................................... 23 Property................................................................... 17 2.5.1 Release of all Properties .................................. 23 Properties............................................................. 18 2.5.2 Release of Individual Property ............................. 24 Property........................................................ 18 2.5.3 Release on Payment in Full ..............................Full..........................................................

Voluntary Defeasance. 21 23 2.4.2 Successor Borrower .......................................... 23 Borrower................................ 25 Section 2.5 Release of Property ..................................... 23 Property............................... 26 2.5.1 Release of all Properties .................................. 23 Properties......................... 26 2.5.2 Release of Individual Property ............................. 24 Property.................... 26 2.5.3 Release on Payment in Full ..............................Full......................

Voluntary Defeasance. 21 15 2.4.2 Successor Borrower .......................................... 23 Borrower............................................................... 17 2.4.3 Mandatory Defeasance............................................................. 17 Section 2.5 Release of Property ..................................... 23 Property.............................................................. 17 2.5.1 Release of all Properties .................................. 23 Properties........................................................ 18 2.5.2 Release of Individual Property ............................. 24 Property................................................... 18 2.5.3 Release on Payment in Full ..............................Full.....................................................

Voluntary Defeasance. 21 14 2.4.2 Successor Borrower .......................................... 23 Borrower............................................ 16 Section 2.5 Release of Property ..................................... 23 Property........................................... 16 2.5.1 Release of all Properties .................................. 23 Properties..................................... 16 2.5.2 Release of Individual Property ............................. 24 Property................................ 17 2.5.3 Release on Payment in Full ..............................Full..................................

Voluntary Defeasance. 21 14 2.4.2 Successor Borrower .......................................... 23 Borrower................................................................... 16 Section 2.5 Release of Property ..................................... 23 Property.................................................................. 16 2.5.1 Release of all Properties .................................. 23 Properties............................................................ 17 2.5.2 Release of Individual Property ............................. 24 Property....................................................... 17 2.5.3 Release on Payment in Full ..............................Full.........................................................