Common use of Dealing with the Trust Property Clause in Contracts

Dealing with the Trust Property. The Beneficiary shall have the right, subject to Section 7.01 and upon the delivery by the Grantor or the Borrower of an Opinion of Counsel or officer’s certificate in form and substance reasonably satisfactory to the Beneficiary, to, in its sole and reasonable discretion (a) release any portion of the Trust Property; (ii) consent to the granting of any Permitted Lien affecting any portion of the Property, (iii) subordinate the Lien of this Deed of Trust to any Permitted Lien, (iv) grant non-disturbance protection to a tenant under a lease constituting a Permitted Lien, and (v) to otherwise deal with the Trust Property.