Examples of Defeased Note in a sentence

Such Successor Borrower shall assume the obligations under the Note or the Defeased Note, as applicable, and the Security Agreement and Borrower shall be relieved of its obligations under such documents.
Borrower shall pay $1,000 to any such Successor Borrower as consideration for assuming the obligations under the Note or the Defeased Note, as applicable, and the Security Agreement.
Borrower shall transfer and assign all obligations, rights and duties under and to the Defeased Note, together with the Defeasance Collateral to such Successor Borrower.
Such Successor Borrower shall assume the obligations under the Note or the Defeased Note (as applicable) and the Security Agreement and Borrower shall be relieved of its obligations under such documents and the other Loan Documents, except with respect to those obligations which are expressly stated to survive.
Borrower shall transfer and assign all obligations, rights and duties under and to the Note or the Defeased Note, as applicable, together with the Total Defeasance Collateral or Partial Defeasance Collateral, as applicable, to such Successor Borrower.

More Definitions of Defeased Note

Defeased Note shall have the meaning set forth in Section 15.01 hereof.

Defeased Note shall have the meaning set forth in Section 2.4(g)(i)(D) hereof.

Defeased Note shall have the meaning set forth in Section ------------- 2.4.1(a)(v) hereof.

Defeased Note has the meaning set forth in Section 2.05(b)(v) of this Loan Agreement.

Defeased Note has the meaning set forth in Section 2.7(c)(iv).

Defeased Note has the meaning assigned in Section 2.4(b)(v).

Defeased Note shall have the meaning set forth in Section 2.5.2(a)(iv) hereof.