Common use of Satisfaction and Release Clause in Contracts

Satisfaction and Release. Upon satisfaction of the requirements of Section 1.22 hereof providing for a release of the lien of this Deed of Trust, the assignment made in this Section 1.20 and all rights hereunder assigned to Beneficiary shall cease and terminate and shall revert to Grantor.

Appears in 3 contracts

Sources: Deed of Trust (Arden Realty Inc), Deed of Trust (Arden Realty Inc), Loan Agreement (Arden Realty Inc)