Defeasance
Defeasance. The Borrower's substitution of Collateral and Lender's release of the lien of the Mortgage upon satisfaction of all of the terms and conditions of Section 12 hereof
Found in
LaSalle Hotel Properties contract
Defeasance. The Borrower's substitution of Defeasance Collateral and Lender's release of the lien of the Security Instrument upon satisfaction of all of the terms and conditions of Section 12
All Definitions