Common use of Partial Releases Clause in Contracts

Partial Releases. The Borrower may obtain the release of any Mortgaged Property (the “Release Tract”) from the liens and security interests of the Loan Documents if it satisfies the following terms and conditions:

Appears in 10 contracts

Samples: Credit Agreement (Education Realty Trust, Inc.), Credit Agreement (Strategic Storage Trust II, Inc.), Credit Agreement (Strategic Storage Trust, Inc.)

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Partial Releases. The Borrower may obtain the release of any Mortgaged Property or portion thereof (the “Release Tract”) from the liens and security interests of the Loan Documents if it satisfies the following terms and conditions:

Appears in 3 contracts

Samples: Credit Agreement (Strategic Realty Trust, Inc.), Revolving Credit Agreement (TNP Strategic Retail Trust, Inc.), Revolving Credit Agreement (Strategic Realty Trust, Inc.)

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Partial Releases. The Borrower may obtain the release of any Mortgaged Property (the "Release Tract") from the liens and security interests of the Loan Documents if it satisfies the following terms and conditions:

Appears in 2 contracts

Samples: Credit Agreement (Education Realty Trust, Inc.), Credit Agreement (Education Realty Trust, Inc.)

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