Common use of Portfolio Assets Clause in Contracts

Portfolio Assets. To the extent the Administrative Agent acquires a pledge of multiple Mortgage Assets as a part of a portfolio or package, the Borrowers shall not repay or obtain the release of any Lien on less than all such Collateral without repaying all Loans related to all such Collateral included in the portfolio or package, unless the Administrative Agent otherwise consents in its discretion.

Appears in 4 contracts

Samples: Credit Agreement (Northstar Realty), Credit Agreement (Northstar Realty), Credit Agreement (CapLease, Inc.)

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Portfolio Assets. To the extent the Administrative Agent acquires a pledge of multiple Mortgage Assets as a part of a portfolio or packagepackage (as indicated as such on the related Confirmation), the Borrowers shall not repay or obtain the release of any Lien on less than all such Collateral without repaying all Loans related to all such Collateral included in the portfolio or package, unless the Administrative Agent otherwise consents in its discretion.

Appears in 1 contract

Samples: Credit Agreement (Gramercy Capital Corp)

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