Release of Pledged Property. The Pledged Property shall stand as one general, continuing collateral security for all Obligations to Lender and may be retained by Lender until all Obligations have been satisfied in full. Lender will release Pledged Loans at the request of the Borrowing Group so long as Aggregate Credit Balance immediately following such a release will not exceed 100% of the then current aggregate principal balance outstanding of the Pledged Loans.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement (Municipal Mortgage & Equity LLC)