Release Property definition

Release Property shall have the meaning set forth in Section 2.10(a) hereof.

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Release Property shall have the meaning set forth in Section 2.6 hereof.

Release Property shall have the meaning provided in Section 2.3.4.

Examples of Release Property in a sentence

• Such release or assignment shall be in a form appropriate in each jurisdiction in which such Release Property is located and that would be reasonably satisfactory to a prudent lender.

• Following the release of a Release Property, L▇▇▇▇▇ shall adjust the other amounts thereafter required to be deposited by Borrower into the Reserve Accounts to reflect amounts required solely for the remaining Individual Properties after giving effect to such release.

• In connection with a release of a Release Property, L▇▇▇▇▇ will return to Borrower a portion of the Reserve Funds that is allocable to such Release Property, but only to the extent the remaining amount in the applicable Reserve Accounts with respect to all Individual Properties remaining subject to the Loan Documents exceed the estimated amounts that Lender determines in its reasonable discretion is necessary to satisfy the current obligations for which such Reserve Accounts were established.

More Definitions of Release Property

Release Property. As defined in the Mortgage Loan Agreement.

Release Property means the Mortgaged Property to be released pursuant to Section 3.04.

Release Property shall have the meaning assigned to such term in Section 9.21.

Release Property has the meaning specified in Section 2.19(a).

Release Property means each portion of the Property identified as "Release Property" above in the definition of Partial Release Price.

Release Property means any Individual Property (other than a Substituted Property) with respect to which the Lien of the related Mortgage has been released (or assigned) by Lender in accordance with the terms of this Agreement.

Release Property has the meaning stated in Section 4.1.