Common use of Lien Releases Clause in Contracts

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. 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 Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and or the payment of a release price, or (c) a defeasance is affected in accordance with the Mortgage Loan Documents, 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. 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 Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and the payment of a release price, or (c) a defeasance is affected in accordance with the Mortgage Loan Documents, 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. Except in cases where either (a) a release of a portion of the Mortgaged Property was contemplated at origination of in the Mortgage Loan Documents and such portion was not considered material for purposes of underwriting the Mortgage Loan or Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and or the payment of a release price, or (c) a defeasance is affected in accordance with the Mortgage Loan Documents, 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. 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 Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and or the payment of a release price, or (c) a defeasance is effected in accordance with the Mortgage Loan Documents, 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. Except in cases where either (a) a release of a portion of the Mortgaged Property was contemplated at origination of in the Mortgage Loan Documents and such portion was not considered material for purposes of underwriting the Mortgage Loan or Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and or the payment of a release price, or (c) a defeasance is effected in accordance with the Mortgage Loan Documents, 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. Except in cases where either (a) a release of a portion of the Mortgaged Property was contemplated at origination of in the Mortgage Loan Documents and such portion was not considered material for purposes of underwriting the Mortgage Loan or Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and the payment of a release price, or (c) a defeasance is affected in accordance with the Mortgage Loan Documents, 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. 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 Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and the payment of a release priceprice or (c) a defeasance is affected in accordance with the terms of the Mortgage Loan Documents, 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. 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 Loan, (b) release is conditioned upon the satisfaction of certain underwriting and legal requirements and or the payment of a release priceprice or (c) a defeasance is effected in accordance with the Mortgage Loan Documents, 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.