Partial Release Date definition

Partial Release Date shall have the meaning set forth in Section 5.12(c).

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Partial Release Date has the meaning assigned in Section 2.12.

Partial Release Date has the meaning set forth in Section 10.03 of this Loan Agreement.

Examples of Partial Release Date in a sentence

The allocated portion of the Loan with respect to each entire parcel constituting a portion of the Property shall be determined by the Lender based upon the Lender’s review and approval, prior to the Partial Release Date, of the appraisal reports ordered by the Lender in accordance with subparagraph (c) above.
Subject to the satisfaction of the provisions of this Section, any Borrower other than EDR owning the Release Tract which has no other ownership interest in any of the Remaining Projects, will be released from further payment and performance of the Loans on the Partial Release Date, other than obligations under the Environmental Indemnity.
In the event that any Conversion Release Date, Partial Release Date, Full Release Date (collectively, the "RELEASE" and, the date of such Release, the "RELEASE DATE") is not a Business Day (as defined herein), then such Release shall be deemed to be the next Business Day.
Following the Holdback Partial Release Date until the date that is twenty-four (24) months following the Closing Date (the “Holdback Amount Termination Date”) the remaining Holdback Amount remaining in the Escrow Account shall be available (subject to the terms of this Agreement and the Escrow Agreement) to compensate the Purchaser solely for indemnifiable Losses in accordance with Section 10.02.
Borrower must provide not less than thirty (30) days prior written notice to Lender requesting a Partial Release and identifying the Release Property and date upon which it desires to have the Release Property released ("Partial Release Date").

More Definitions of Partial Release Date

Partial Release Date has the meaning set forth in Section 4.2(a) hereof.

Partial Release Date has the meaning assigned to such term in Section 2.6(1)(a)(i).

Partial Release Date means the date on which a partial release shall occur pursuant to Section 2.6.2 hereof.

Partial Release Date. As defined in Section 4.11 hereof.

Partial Release Date shall have the meaning set forth in Section 7.6 hereof

Partial Release Date shall have the meaning set forth in Section 6.7 hereof. “Partial Release Minimum Debt Yield” shall mean ten percent (10.0%). “Partial Release Minimum LTV” shall mean forty-four percent (44.0%). “Partial Release Price” shall mean (a) with respect to the Individual Property known as ▇▇▇▇▇▇▇▇▇▇ Heights, the greater of (i) $40,500,000.00 and (ii) the Partial Release Property Net Sale Proceeds for such Individual Property and (b) with respect to each Individual Property other than the Individual Property known as ▇▇▇▇▇▇▇▇▇▇ Heights, the greater of (i) one hundred sixty percent (160%) of the Allocated Loan Amount for the applicable Partial Release Property and (ii) the Partial Release Property Net Sale Proceeds for the applicable Partial Release Property. “Partial Release Property” shall mean each Individual Property that is the subject of a Partial Release as set forth herein. “Partial Release Property Net Sale Proceeds” shall mean, in connection with the Partial Release of the Partial Release Property, the value of all consideration received by Borrower in connection with the sale of such Partial Release Property, including cash, notes, assumed indebtedness, deferred payments (contingent or otherwise), prepaid expenses and non-

Partial Release Date has the meaning set forth in Section 10.03 of this Maximum Loan Agreement.

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