Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4), the Agent and the Required Lenders shall release a Mortgaged Property from the lien or security title of the Security Documents encumbering the same upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 4 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.)
Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4), the Agent and the Required Lenders shall release a Mortgaged Property from the lien or security title of the Security Documents encumbering the same upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 4 contracts
Samples: Assignment and Acceptance Agreement (Republic Property Trust), Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Tier Reit Inc)
Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.45.3), the Agent and the Required Lenders shall release a Mortgaged Property or any portion thereof, from the lien or security title of the Security Documents encumbering the same upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 4 contracts
Samples: Revolving and Term Credit Agreement (Forestar Group Inc.), Revolving and Term Credit Agreement (Forestar Real Estate Group Inc.), Revolving Credit Agreement (Forestar Group Inc.)
Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §Section 5.4), the Agent and the Required Lenders shall release a Mortgaged Property from the lien or security title of the Security Documents encumbering the same upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 3 contracts
Samples: Revolving Credit Agreement (American Real Estate Investment Corp), Revolving Credit Agreement (American Real Estate Investment Corp), Master Credit Agreement (JDN Realty Corp)
Release of Mortgaged Property. (a) Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4), the Agent and the Required Lenders shall release a Mortgaged Property from the lien or security title of the Security Documents encumbering the same upon the request of the Borrower Borrower, subject to and upon the following terms and conditions:
Appears in 2 contracts
Samples: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Secured Master Loan Agreement (Ramco Gershenson Properties Trust)
Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4), the Agent and the Required Lenders shall release a Mortgaged Property from the lien or security title of the Security Documents encumbering the same in connection with a sale, other disposition or refinance upon the request of the Parent Borrower subject to and upon the following terms and conditions:
Appears in 1 contract
Release of Mortgaged Property. Provided no Default Non-Advance Condition or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4ss.5.4), the Agent and the Required Lenders shall release a Mortgaged Property from the lien or security title of the Security Documents encumbering the same (a "Collateral Release") upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 1 contract
Samples: Master Credit Agreement (Entertainment Properties Trust)
Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.45.2), the Agent and the Required Lenders shall release a Unit or Units included in the Mortgaged Property to be conveyed pursuant to a Purchase Contract from the lien or security title of the Security Documents encumbering the same upon the request of the a Borrower subject to and upon the following terms and conditions:
Appears in 1 contract
Samples: Loan Agreement (Comstock Homebuilding Companies, Inc.)
Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4), the Agent and the Required Lenders shall release a Mortgaged Property (other than the Richmond Property) from the lien or security title of the Security Documents encumbering the same in connection with a sale, other disposition or refinance upon the request of the Borrower Borrowers’ Representative subject to and upon the following terms and conditions:
Appears in 1 contract
Release of Mortgaged Property. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4(S)5.4), the Agent and the Required Lenders shall release a Mortgaged Property from the lien or security title of the Security Documents encumbering the same upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 1 contract
