Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released.
Appears in 16 contracts
Samples: Loan Agreement (Hines Global REIT, Inc.), Loan Agreement (Hines Global REIT, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s 's designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released.
Appears in 6 contracts
Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s designee (without any representation or warranty by and without any recourse against Lender whatsoever), ) the Lien of the Loan Documents if not theretofore released.
Appears in 5 contracts
Samples: Loan Agreement (World Wrestling Entertainmentinc), Loan Agreement (Presidential Realty Corp/De/), Loan Agreement (TNP Strategic Retail Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of the Debt in accordance herewith, release or, if requested by BorrowerBorrowers, assign to Borrower’s Borrowers' designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released.
Appears in 5 contracts
Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s 's' designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released.
Appears in 3 contracts
Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of all principal and interest due on the Debt Loan and all other amounts due and payable under the Loan Documents in accordance herewithwith the terms and provisions of the Note and this Agreement, release orthe Lien of the Mortgage on each Individual Property not theretofore released or assign the Mortgage, if requested by Borrower, assign pursuant to Borrower’s designee (documentation reasonably satisfactory to Lender without any recourse to or representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore releasedLender.
Appears in 2 contracts
Samples: Loan Agreement (Highland Hospitality Corp), Loan Agreement (Highland Hospitality Corp)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s ’s’ designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released.
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Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of the Debt in accordance herewith, release or, if requested by BorrowerBorrowers, assign to Borrower’s Borrowers' designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien Liens of the Loan Documents if not theretofore released.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written -------------------------- request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s 's designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien Note and the Liens of the Loan Documents if not theretofore released.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of the Debt in accordance herewith, release or, if requested by BorrowerBorrowers, assign to Borrower’s Borrowers’ designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release and satisfy or, if requested by Borrower, assign to Borrower’s designee (without any representation or warranty by and without any recourse against Lender whatsoever), ) the Lien of the Loan Documents if not theretofore released.
Appears in 1 contract
Samples: Loan Agreement
Release on Payment in Full. Lender shall, upon the written request and at the expense of BorrowerBorrowers, upon payment in full of the Debt in accordance herewith, release or, if requested by BorrowerBorrowers, assign to Borrower’s Borrowers’ designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien Liens of the Loan Documents if not theretofore released.
Appears in 1 contract
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released, and remit any remaining reserve funds held hereunder to Borrower.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by BorrowerBorrowers, assign to Borrower’s Borrowers’ designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien Liens of the Loan Documents if not theretofore released.
Appears in 1 contract
Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.)
Release on Payment in Full. Lender shall, upon the written request and at the expense of Borrower, upon payment in full of the Debt in accordance herewith, release or, if requested by Borrower, assign to Borrower’s designee (without any representation or warranty by and without any recourse against Lender whatsoever), the Lien of the Loan Documents if not theretofore released.. 20
Appears in 1 contract
