Effect of Release. Upon any Release of any Mortgaged Property in accordance with this Section 2.14, such Property shall cease to be a Mortgaged Property for the purposes of this Agreement (other than for purposes of any indemnity contained herein or in any of the other Loan Documents to the extent such indemnification applies to such Mortgaged Property).
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Samples: Assignment Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust)
Effect of Release. Upon any Release of any Mortgaged Property in accordance with this Section 2.142.8, such Property property shall cease to be a Mortgaged Property for the purposes of this Agreement (other than for purposes of any indemnity contained herein or in any of the other Loan Documents to the extent such indemnification applies to such Mortgaged Property). From and after release of all Properties owned by any Borrower, such Borrower shall cease to be a Borrower hereunder and shall thereafter have no liability for obligations of the Loan Parties arising from and after the date of such release.
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