Collateral Release Property definition

Collateral Release Property shall have the meaning set forth in Section 7.02(a).
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Collateral Release Property shall have the meaning set forth in Section 4.02(a).
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Collateral Release Property has the meaning given that term in Section 6.2(a) of this Agreement.
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Examples of Collateral Release Property in a sentence

  • Your continued use of Our Products following the notice period of planned changes confirms your acceptance of our Terms, as amended.

  • If the proposed Substituted Mortgaged Property does not meet the Coverage and LTV Tests and DUS Underwriting Requirements required by this Section 7.04(b)(iii), and therefore the Lender does not consent to the substitution of the proposed Substituted Mortgaged Property into the Collateral Pool in replacement of the proposed Collateral Release Property, the Lender shall include, in its notice, a brief statement of the reasons for doing so.

  • The Borrowers shall pay the Release Price, or such portion thereof, and all other amounts as is required pursuant to Sections 4.02 of the Term Loan Agreement as a condition to the closing of the release of the Collateral Release Property from the Collateral Pool.

  • The Collateral Release Request shall be accompanied by (and shall not be effective unless it is accompanied by) the name, address and location of the Mortgaged Property to be released from the Collateral Pool ("Collateral Release Property").

  • The Borrower hereby requests that the Collateral Release Property described in this Request be released from the Collateral Pool in accordance with the terms of the Master Agreement.

  • In addition, if a Potential Event of Default has occurred that in the reasonable judgment of Lender is with respect to a particular Mortgaged Property, then the existence of such Potential Event of Default shall not be a condition to a Collateral Release Request for the release of such Collateral Release Property provided that the Borrowers satisfy all other conditions set forth in this Section 4.03.

  • The Borrower shall promptly deliver to the Lender any additional information concerning the proposed Substituted Mortgaged Property and the proposed Collateral Release Property that the Lender may from time to time reasonably request.

  • The Collateral Release Request shall not be effective unless it is accompanied by the name, address and location of the Mortgaged Property to be released from the Collateral Pool ("Collateral Release Property").

  • The Borrower Parties shall promptly deliver to the Lender any additional information concerning the proposed Substituted Mortgaged Property and the proposed Collateral Release Property that the Lender may from time to time reasonably request.

  • The Borrowers hereby request that the Collateral Release Property described in this Request be released from the Collateral Pool in accordance with the terms of the Term Loan Agreement.