Partial Defeasance Date definition
Examples of Partial Defeasance Date in a sentence
Borrower’s notice of defeasance shall create an obligation of Borrower to defease a portion of the Loan as set forth therein, but may be rescinded by a written notice to Lender prior to the applicable Partial Defeasance Date.
In connection with the release of the Lien, Borrower shall submit to Lender for its review, not less than fifteen (15) days prior to the Partial Defeasance Date (or such shorter period of time as may be permitted by Lender in its sole discretion), a release of Lien (and related Loan Documents) to be executed by Lender.
In connection with the release of the Lien, Borrower shall submit to Lender, not less than thirty (30) days prior to the Partial Defeasance Date, a release of Lien (and related Loan Documents) for execution by Lender.
In connection with the release of the lien, Borrower shall submit to Lender, not less than ten (10) Business Days prior to the Partial Defeasance Date (or such shorter time as is acceptable to Lender in its sole discretion), a release of lien (and related Loan Documents) for execution by L▇▇▇▇▇.
In connection with the release of the lien, Borrower shall submit to Lender, not less than thirty (30) days prior to the Partial Defeasance Date (or such shorter time as is acceptable to Lender in its sole discretion), a release of lien (and related Loan Documents) for execution by ▇▇▇▇▇▇.
In connection with the release of the Lien, the Issuer shall submit to the Servicer, not less than fifteen (15) days prior to the Partial Defeasance Date, a release of Lien (and related Security Documents) for execution by the Trustee.
In connection with the release of the lien, Borrower shall submit to Lender, not less than ten (10) Business Days prior to the Partial Defeasance Date (or such shorter time as is acceptable to Lender in its sole discretion), a release of lien (and related Loan Documents) for execution by Lender.
In connection with the release of the Lien, Borrower shall submit to Lender, not less than thirty (30) days prior to the Partial Defeasance Date (or such shorter time as is acceptable to Lender in its sole discretion), a release of Lien (and related Loan Documents) for execution by Lender.