Common use of Conveyance Free and Clear of Liens Clause in Contracts

Conveyance Free and Clear of Liens. At or prior to the Closing, Seller shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale Assets. At the closing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Salem Communications Corp /De/), Asset Purchase Agreement (American Radio Systems Corp /Ma/), Asset Purchase Agreement (Salem Communications Corp /De/)

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Conveyance Free and Clear of Liens. At or prior to the Closing, Seller shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale Assets. At the closingClosing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Salem Communications Corp /De/), Asset Purchase Agreement (Salem Communications Corp /De/)

Conveyance Free and Clear of Liens. At or prior to the Closing, Seller shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyerfiling, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale AssetsAssets except Permitted Liens. At the closingClosing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Salem Media Group, Inc. /De/)

Conveyance Free and Clear of Liens. At or prior to the Closing, ----------------------------------- Seller shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale Assets. At the closing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 2 contracts

Samples: Escrow Agreement (Salem Communications Corp /De/), Asset Purchase Agreement (Salem Communications Corp /De/)

Conveyance Free and Clear of Liens. At or prior to the Closing, Seller shall obtain executed releasesreleases or payoff letters, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale Assets. At the closing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Childrens Broadcasting Corp), Asset Purchase Agreement (Salem Communications Corp /De/)

Conveyance Free and Clear of Liens. At or prior to the Closing, Seller ----------------------------------- Sellers shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale Assets. At the closing, Seller Sellers shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /De/)

Conveyance Free and Clear of Liens. At or prior to the Closing, Seller shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyerfiling, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale AssetsAssets except Permitted Liens. At the closingClosing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.. Asset Purchase Agreement WSPZ(AM)

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Media Group, Inc. /De/)

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Conveyance Free and Clear of Liens. At or prior to the Closing, Seller shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale Assets. At the closing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /De/)

Conveyance Free and Clear of Liens. At or prior to the Closing, Seller ---------------------------------- shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any security interests granted in the Sale Assets and properties as security for payment of loans and other obligations or judgments and of any other Liens on the Sale Assets. At the closing, Seller shall transfer and convey to Buyer all of the Sale Assets free and clear of all Liens except Permitted Liens.

Appears in 1 contract

Samples: Asset Purchase Agreement (Salem Communications Corp /De/)

Conveyance Free and Clear of Liens. At or prior to the Closing, Seller shall obtain executed releases, in suitable form for filing and otherwise in form and substance reasonably satisfactory to Buyer, of any mortgages or security interests granted in the Sale Assets Real Property and properties personal property being conveyed, if applicable, as security for payment of loans and other obligations or judgments and of any other Liens on the Sale AssetsReal Property. At the closingClosing, Seller shall transfer and convey to Buyer all of the Sale Assets Real Property free and clear of all Liens except Permitted Liens.

Appears in 1 contract

Samples: Asset Exchange Agreement (Salem Communications Corp /De/)

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