Release of Unimproved Parcels. Subject to satisfaction of each of the conditions set forth below with respect to any Unimproved Parcel, at the request of Mezzanine Borrower, Mezzanine Lender shall consent to the release such Unimproved Parcel from the Lien of the applicable Security Instrument and related Loan Documents (Mortgage) and concurrent conveyance of such Unimproved Parcel to a Person other than Mortgage Borrower or another SPE Entity, without the payment of any Release Price:
Appears in 7 contracts
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)
