release clause

Release clause

A mortgage provision that releases a pledged asset after a certain portion of the total payments has been made.

Release Clause

In some mortgages, a clause allowing part of the property that has been pledged to have its lien removed once the borrower has made a defined number of payments on the mortgage.

release clause

A mortgage clause that allows a partial release of some of the collateral when the borrower pays off a portion of the loan. Typically found in subdivision development mortgages, because the development lender must release its lien in order for the purchaser-homeowner to secure his or her own first mortgage financing.

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Early reports from Sport newspaper in Spain have reported a release clause of e1/480m but other sources have suggested that the release clause is actually closer to e1/460m, meaning Liverpool would have to stump up around Au40m for his services.
2m release clause as they step up their pursuit of the Ukrainian star.
any price -43 Stoke City were the first side to officially register their interest in the Kiev captain earlier this summer but even though they met his release clause, the move broke down.
The midfielder has penned a five-year deal after City agreed to meet an PS8m release clause inserted into the new contract he signed at Villa in January.
TEHRAN (FNA)- Manchester United agreed to pay Arda Turan's release clause to sign him from Atletico Madrid, according to reports.
It has been confirmed there is no release clause in Medel's contract - as there was with Steven Caulker and Frazier Campbell - and it's up to Galatasaray, Milan or any other club keen on the player to agree a fee.
However, the Merseysiders will need to meet the youngster's release clause, which is suggested to be in the ballpark of [pounds sterling]25million, or, at least, place a bid within the region of the said amount.
Henry said Suarez did have a 40 million pounds release clause in his contract last summer, but the club simply refused to sell to Arsenal.
If a club triggers his release clause, he can sit down and start negotiating with them.
6m release clause in Echiejile's contract, but accept they will have to sell at a fraction of that price as the defender has just a year remaining on his contract.
The 25-year-old Belgium midfielder, who has a release clause in his contract, has been heavily linked with a move either to Arsenal or to join up with former Toffees boss David Moyes at Manchester United.