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The Trustee, in his capacity as trustee, may at any time (1) discharge, release, discharge by direction of this Court or by direction of any court of competent jurisdiction the Trust; (2) release the Borrower from further liability to the Trust, except as specified in Section 5.08 or in Section 5.09, notwithstanding the grace period provided in Section 5.04; or (3) release the Borrower from legal, equitable or other claims arising under this Chapter in favor of the Surviving Limited Liability Company and The other Borrower. In the case of discharge by written consent, the liability of the Borrower Under this Chapter shall be eliminated. 5.02. Exclusive Release of Borrower.
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