Release and Reconveyance Sample Clauses

Release and Reconveyance. (a) The Trustee does hereby release and reconvey to the Issuer, without recourse, representation or warranty, on and after , (the “Reconveyance Date”) all right, title and interest in the Trust Estate whether then existing or thereafter created, all monies due or to become due with respect thereto and all proceeds of such Trust Estate, except for amounts, if any, held by the Trustee or any Paying Agent pursuant to Section 12.5 of the Base Indenture.
AutoNDA by SimpleDocs
Release and Reconveyance. Upon payment of all sums secured by this Deed, including the Principal Amount and interest, the Lender will request the Trustee to reconvey the Property and must surrender this Deed and the Note evidencing debt secured by this Deed to the Trustee. The Trustee must reconvey the Property without warranty to the person or persons legally entitled to it. Such person or persons will pay any recordation costs. The Lender may charge such person or persons a fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under applicable law.
Release and Reconveyance. Lender will release and reconvey its interest under this Deed of Trust to the Trust Property as required by Section 7.04 of the Financing Agreement.
Release and Reconveyance. Upon payment in full of the Indebtedness, Lender shall cause the release of this Security Instrument and the reconveyance of the Mortgaged Property to Borrower, and Borrower shall pay Lender’s costs incurred in connection with such release and reconveyance.
Release and Reconveyance. (a) The Trustee does hereby reconvey to the Issuer, without recourse, representation or warranty, on and after _________, ____ (the "Reconveyance Date") all right, title and interest in the Trust Estate whether then existing or thereafter created, all monies due or to become due with respect thereto (including all accrued interest theretofore posted as Finance Charge Receivables) and all proceeds of such Trust Estate, except for amounts, if any, held by the Trustee or any Paying Agent pursuant to subsection 12.05(b) of the Base Indenture.
Release and Reconveyance. Upon payment in full of the Obligations to the Lenders, the Lenders shall upon receipt of a written request from the Borrower release the Security Interest and reassign the Collateral to the Borrower without recourse and without representations or warranties, and the Lenders shall at the request and expense of the Borrower execute and deliver all such discharges, releases, reassignments and further assurances as may be reasonably required in this regard.
Release and Reconveyance. Upon written request of Mortgagee stating that all of the indebtedness secured hereby has been paid, and upon surrender of this Mortgage and the Note to Trustee for cancellation and retention or, if requested, delivery, then Trustee (and Mortgagee if necessary to clear title), upon payment of Trustee's fees, shall reconvey, without warranty, the Mortgaged Property. The recitals in such reconveyance of any matters or facts shall be conclusive as to the accuracy thereof. The grantee in such reconveyance may be described as "the person or persons legally entitled thereto."
AutoNDA by SimpleDocs
Release and Reconveyance. Unless otherwise sold by Pledgee pursuant to Section 2, the Securities will be held by Pledgee until (i) all of Pledgor’s obligations under the Debt Documents have been indefeasibly performed in full. Within seven (7) business days thereafter Pledgee shall deliver the Securities and all certificates and other indicia of ownership relating thereto to Pledgor, together with any documents that may be required to reconvey the Securities to Pledgor, duly executed or endorsed by an authorized manager of Pledgee, after which the terms of this Pledge Agreement shall be deemed to have been satisfied.
Release and Reconveyance. Additional Borrower’s assumption of the obligations of Original Borrower as set forth in Section 3 above shall not operate to release, extinguish, impair, modify or otherwise affect the obligations of any Original Borrower under the Loan Documents; provided, however, that effective as of the Effective Date (defined below) all obligations of RIF II – Kaiser, LLC under the Loan Documents executed by it shall terminate as and to the same extent as if the Loan had been repaid in full on the Effective Date. Provided that all of the conditions precedent to Lender’s obligations hereunder as set forth in Section 6 are satisfied or waived by Lender on or before January 31, 2014, Lender shall cause the RIF II – Kaiser Mortgage to be reconveyed without payment or demand.
Release and Reconveyance. Upon final payment and satisfaction of the Secured Obligations in full, the Agents shall within a reasonable time after receipt of a written request from the Debtor, release the Security Interest and execute and deliver such releases and discharges as the Debtor may reasonably require in this regard; provided that all expenses incurred by both of the Agents in connection with the foregoing shall be for the account of the Debtor.
Time is Money Join Law Insider Premium to draft better contracts faster.