Release of Released Amounts. (a) The parties hereto acknowledge and agree that the Issuer has no interest in the Retained Interest and Released Amounts. The Indenture Trustee hereby agrees to release to the Issuer from the Loan Assets, and the Issuer hereby agrees to release to the Trust Depositor, an amount equal to the Released Amounts immediately upon identification thereof and upon receipt of an Officer's Certificate of the Servicer, which release shall be automatic and shall require no further act by the Indenture Trustee or the Issuer; provided, that, the Indenture Trustee and Owner Trustee shall execute and deliver such instruments of release and assignment or other documents, or otherwise confirm the foregoing release, as may reasonably be requested by the Trust Depositor in writing. Such Released Amounts shall not constitute and shall not be included in the Loan Assets.
Release of Released Amounts. (a) The Indenture Trustee hereby agrees to release to the Issuer from the Loan Assets, and the Issuer hereby agrees to release to the Trust Depositor, an amount equal to the Released Amounts immediately upon identification thereof and upon receipt of an Officer’s Certificate of the Servicer, which release shall be automatic and shall require no further act by the Indenture Trustee or the Issuer; provided, that, the Indenture Trustee or Issuer shall execute and deliver such instruments of release and assignment, or otherwise confirm the foregoing release, as may reasonably be requested by the Trust Depositor in writing. Upon such release, such Released Amounts shall not constitute and shall not be included in the Loan Assets.
Release of Released Amounts. Immediately upon the release to the Trust Depositor by the Indenture Trustee of the Released Amounts, the Trust Depositor hereby irrevocably agrees to release to the Originator such Released Amounts, which release shall be automatic and shall require no further act by the Trust Depositor; provided, that, the Trust Depositor shall execute and deliver such instruments of release and assignment, or otherwise confirming the foregoing release of any Released Amounts, as may be reasonably requested by the Originator.
Release of Released Amounts. Immediately upon the release to the Buyer by the Deal Agent of the Released Amounts, the Buyer hereby irrevocably agrees to release to the Seller such Released Amounts, which release shall be automatic and shall require no further act by the Buyer; provided, that, the Buyer shall execute and deliver such instruments of release and assignment, or otherwise confirming the foregoing release of any Released Amounts, as may be reasonably requested by the Seller.
Release of Released Amounts. (a) The Indenture Trustee hereby agrees to release to the Issuer from the Pledged Assets an amount equal to the Released Amounts immediately upon identification thereof and upon receipt of an Officer's Certificate of the Servicer, which release shall be automatic and shall require no further act by the Indenture Trustee, provided that the Indenture Trustee shall execute and deliver such instruments of release and assignment, or otherwise confirm the foregoing release, as may reasonably be requested by (and at the expense of the Servicer) the Issuer in writing and prepared by the Servicer. Upon such release, such Released Amounts shall not constitute and shall not be included in the Pledged Assets.
Release of Released Amounts. (a) The Indenture Trustee hereby agrees to release to the Trust from the Trust Assets, and the Trust hereby agrees to release to the Trust Depositor, an amount equal to the Released Amounts immediately upon identification thereof, which release shall be automatic and shall require no further act by the Indenture Trustee or the Trust, provided that the Indenture Trustee or Owner Trustee shall execute and deliver such instruments of release and assignment, or otherwise confirm the foregoing release, as may reasonably be requested by the Trust Depositor. Upon such release, such Released Amounts shall not constitute and shall not be included in the Trust Assets.
Release of Released Amounts. .. 45 Section 2.06 Delivery of Documents in the Loan File; Recording of Assignments of Mortgage........................................................................ 46
Release of Released Amounts. The parties hereto acknowledge and agree that the Borrower has no interest in the Retained Interest and Released Amounts. The Administrative Agent and the Collateral Custodian hereby agree to release to the Borrower from the Collateral, and the Borrower hereby agrees to release to the Originator, an amount equal to the Released Amounts within one Business Day following receipt of written notice from the Servicer identifying any amounts as Released Amounts, which release shall be automatic and shall require no further act by the Administrative Agent, the Collateral Custodian or the Borrower; provided that the Administrative Agent and the Collateral Custodian shall execute and deliver such instruments of release and assignment or other documents, or otherwise confirm the foregoing release, as may reasonably be requested by the Originator in writing. For the avoidance of doubt, such Released Amounts shall not constitute and shall not be included in the Collateral.
Release of Released Amounts. (a) The Indenture Trustee hereby agrees to release to the Trust from the Trust Assets, and the Trust hereby agrees to release to the Trust Depositor, an amount equal to the Released Amounts immediately
Release of Released Amounts. The parties hereto acknowledge and agree that the Issuer has no interest in the Retained Interest and Released Amounts. The Indenture Trustee is hereby directed to and does agree to release to the Issuer from the Loan Assets, and the Issuer hereby agrees to release to the Originator, an amount equal to the Released Amounts within one Business Day following receipt of written notice from the Servicer identifying any amounts as Released Amounts (which notice shall be signed by a Servicing Officer if such Released Amounts for such Business Day equal or exceed $10,000 or if the aggregate Released Amounts in any Collection Period equal or exceed $25,000), which release shall be automatic and shall require no further act by the Indenture Trustee or the Issuer; provided that the Indenture Trustee shall execute and deliver such instruments of release and assignment or other documents, or otherwise confirm the foregoing release, as may reasonably be requested by the Originator in writing. Such Released Amounts shall not constitute and shall not be included in the Loan Assets.
