Property Substitution. Borrower may request and Lender may consider a substitution of real property collateral for the Released Portion of the Property. Such substitution shall be in Lender’s sole discretion and subject to the Lender’s then applicable underwriting standards and the Lender’s evaluation of the economic performance of the proposed substitution property.
Appears in 2 contracts
Sources: Loan Agreement (Asset Capital Corporation, Inc.), Loan Agreement (Asset Capital Corporation, Inc.)