Release Parcel Purchaser definition
Release Parcel Purchaser shall have the meaning set forth in Section 2.5.1(a) hereof.
Release Parcel Purchaser. The purchaser of a Release Parcel pursuant to a Resale Contract. Rents: All of the rents, revenues, royalties, income, issues, proceeds, bonus monies, profits, security and other types of deposits (after Borrower acquires title thereto) and other benefits paid or payable by parties to the Leases and/or Contracts (other than Borrower) for using, leasing, licensing, possessing, operating from, residing in, selling or otherwise enjoying all or any part of the Mortgaged Property.
Release Parcel Purchaser. The “Buyer” as defined in the Option Agreement.
Examples of Release Parcel Purchaser in a sentence
The portion of the Property to be conveyed to the Release Parcel Purchaser upon exercise of the right to purchase under the Option Agreement.
Neither Borrower nor any affiliate of Borrower shall have any agreement or understanding, informal or otherwise, with any Release Parcel Purchaser providing Borrower or any Affiliate of Borrower with any right or obligation to repurchase all or any interests in and to any such Release Parcel.