Common use of RIGHT TO RELEASE Clause in Contracts

RIGHT TO RELEASE. Borrower shall have the right, from time to time, to obtain a partial release (“Partial Release”) of one or more parcels comprising the Property from the lien of the Deed of Trust and related Financing Statements in connection with the sale thereof in accordance with the provisions of this Article VIII (the portion of Property so released hereinafter referred to as the “Released Portion”).

Appears in 2 contracts

Sources: Loan Agreement (Asset Capital Corporation, Inc.), Loan Agreement (Asset Capital Corporation, Inc.)