Common use of Release of Properties Clause in Contracts

Release of Properties. Except as set forth in this Section 2.6, no repayment or prepayment of all or any portion of the Loan shall cause, give rise to a right to require, or otherwise result in, the release of any Lien of any Mortgage on any Individual Property.

Appears in 3 contracts

Samples: Loan Agreement (Brixmor Property Group Inc.), Loan Agreement (Brixmor Property Group Inc.), Senior Mezzanine Loan Agreement (Brixmor Property Group Inc.)

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Release of Properties. Except as set forth in this Section 2.6, no repayment repayment, prepayment or prepayment defeasance of all or any portion of the Loan either Note shall cause, give rise to a right to require, or otherwise result in, the release of any the Lien of any Mortgage on any Individual Propertythe Mortgage.

Appears in 3 contracts

Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

Release of Properties. Except as set forth in this Section 2.62.5, no repayment or prepayment of all or any portion of the Loan Note shall cause, give rise to a right to require, or otherwise result in, the release or assignment in lieu of the release of any Lien of any Mortgage on any Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Harrahs Entertainment Inc)

Release of Properties. Except as set forth in Section 2.4.2 or this Section 2.6, no repayment or prepayment of all or any portion of the Loan shall cause, give rise to a right to require, or otherwise result in, the release of any Lien of any Mortgage on any Individual Property. For the avoidance of doubt, any prepayment of the Loan in connection with a Condemnation shall be governed solely by Section 2.4.2 and Section 6.3 hereof.

Appears in 2 contracts

Samples: Loan Agreement (Excel Trust, L.P.), Loan Agreement (Excel Trust, L.P.)

Release of Properties. Except as set forth in this Section 2.62.5, no repayment or prepayment of all or any portion of the Loan any Note shall cause, give rise to a right to require, or otherwise result in, the release or assignment in lieu of the release of any Lien of any Mortgage on any Individual Property.

Appears in 2 contracts

Samples: Loan Agreement, Recognition Agreement (Harrahs Entertainment Inc)

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Release of Properties. Except as set forth in this Section 2.62.5, no repayment repayment, prepayment, or prepayment Defeasance of all or any portion of the Loan shall cause, give rise to a right to require, or otherwise result in, the release of any the Lien of any Mortgage on any Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotel Capital Inc)

Release of Properties. Except as set forth in this Section 2.62.5, no repayment or prepayment of all or any portion of the Loan shall cause, give rise to a right to require, or otherwise result in, the release of any the Lien of any Mortgage on any Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotel Capital Inc)

Release of Properties. Except as set forth in this Section 2.62.4, no repayment or prepayment of all or any portion of the Loan Notes (other than the payment of the Loans in full) shall cause, give rise to a right to require, or otherwise result in, the release of any the Lien of any the Mortgage on any Individual PropertyProject or other collateral securing the Loans.

Appears in 1 contract

Samples: Loan Agreement (Douglas Emmett Inc)

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