Subsequent Financing. After the Substantial Completion of the Project, ▇▇▇▇▇▇▇▇ may elect to refinance, from time to time, all or portions the Project without any requirement to obtain the Proprietary Approval of Herndon. Notwithstanding the foregoing, all debt secured by a lien on the Condominium common elements and Herndon Components shall be released at the time of the Arts Center Closing. Herndon will reasonably cooperate with ▇▇▇▇▇▇▇▇ with respect to such refinance(s) including by delivering any reasonable certification or estoppel requested by any Lender.
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