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Defeasance Clause

oboloo Glossary

Defeasance Clause

A Defeasance Clause is a provision in a loan agreement that allows the borrower to completely or partially extinguish their debt obligations by substituting collateral. This clause gives borrowers greater financial flexibility, allowing them to take advantage of attractive investment opportunities while still satisfying their debt obligations. In essence, a Defeasance Clause is a powerful tool for those looking to optimize their investments and ensure their financial well-being.

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