Lien Releases. Except in cases where either (a) a release of a portion of the Mortgaged Property was contemplated at origination of the Mortgage Loan and such portion was not considered material for purposes of underwriting the Mortgage Loan or (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and the payment of a release price, the related Mortgage Note or Mortgage does not require the holder thereof to release all or any portion of the Mortgaged Property from the lien of the related Mortgage except upon payment in full of all amounts due under such Mortgage Loan.
Lien Releases. The Seller shall provide the Buyer with (a) a final, unconditional lien release in the form attached hereto as Exhibit E-1 as each group of Units is commissioned together with the invoice for the payment corresponding to the commissioning of each group of Units and (b) a final, unconditional, notarized lien release for all of the Units comprising each Project in the form attached hereto as Exhibit E-2 as the last group of Units comprising such Project is commissioned together with the invoice for the payment corresponding to the commissioning of such group of Units. For the avoidance of doubt, the Buyer shall not be obligated to pay any of the commissioning milestone invoices unless it has received the corresponding lien releases.
Lien Releases. The Administrative Agent shall release any Lien granted to or held by the Administrative Agent on any collateral for the Obligations (i) sold, transferred or otherwise disposed of in connection with any transaction not prohibited by the Loan Documents, (ii) constituting Property leased to Borrower or its Subsidiaries under a lease which has expired or been terminated in a transaction not prohibited by the Loan Documents or which will concurrently expire and which has not been, and is not intended by Borrower or the relevant Subsidiary to be, renewed or extended, (iii) consisting of an instrument, if the Indebtedness evidenced by such instrument has been finally repaid in full, (iv) if approved or consented to by those of the Banks required by Section 11.2, or (v) as otherwise expressly required by the Loan Documents. If the collateral so released consists of capital stock of a Subsidiary, then the Administrative Agent shall concurrently also release such Subsidiary from its obligations under the Guaranty. Upon the request of the Administrative Agent, each Bank shall promptly provide written confirmation of the authority of the Administrative Agent to release such Liens upon any one or more items of collateral under this Section.
Lien Releases. Evidence reasonably satisfactory to Comcast Subsidiary that all Liens (other than Permitted Liens) affecting or encumbering the Transferred Assets have been terminated, released or waived or insured over as contemplated under (and only to the extent required under) Section 7.6 (in the case of the Real Property Interests), as appropriate, or original, executed instruments in form and substance reasonably satisfactory to Comcast Subsidiary effecting such terminations, releases or waivers; provided, that Time Warner Cable's inability or failure to obtain the termination, release, or waiver of any such Liens or to insure over any such Liens shall not constitute a failure to perform the obligations set forth in this Section 9.2(c) if the existence of the Liens would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Lien Releases. Results of searches of the appropriate public records (as determined and paid for by Buyer), dated no more than ten days prior to the Closing Date, or other evidence satisfactory to it, that there exist no Liens affecting the Assets or reasonable assurances that any such Liens affecting the Assets will be terminated at or prior to the Closing.
Lien Releases. Sellers shall have obtained full, absolute and unconditional releases of all Lender Liens and Loan Obligations.
Lien Releases. Subject to the Borrower’s right to contest Liens as described in the definition of “Permitted Liens,” the Borrower shall have delivered (such delivery may be conditioned upon concurrent receipt of payment by the relevant Person) if applicable, to the Administrative Agent duly executed Lien waivers relating to mechanics’ and materialmen’s Liens, in form and substance reasonably acceptable to the Administrative Agent.
Lien Releases. With respect to only a Construction Borrowing or a Vista Expansion Borrowing all or a portion of the proceeds of which are used for the payment of any Project Costs payable under any EPC Contract, the Administrative Agent shall have received duly executed acknowledgments of payments and partial releases of mechanics’ and materialmen’s liens, in the form attached to such EPC Contract, from such EPC Contractor to the extent provided to the applicable Project Company pursuant to such EPC Contract; provided that such releases may be conditioned upon receipt of payment with respect to the work, services and materials to be paid for with the requested funds.
Lien Releases. Duly executed written instruments releasing any Lien on any Acquired Asset (other than Permitted Liens) and authorizing the filing of UCC-3 termination statements (or other comparable documents) for all UCC-1 financing statements (or other comparable documents) filed in connection with any such Lien (other than Permitted Liens);
Lien Releases. Seller shall have delivered lien releases, pay-off letters and UCC-3 termination statements as may be necessary to evidence the release and termination of all material Encumbrances (other than Permitted Encumbrances) on the Acquired Assets and on Seller’s rights, title and interests in the Acquired Assets that are not owned by Seller.
