Common use of Debtholder Consents Clause in Contracts

Debtholder Consents. Seller shall use its commercially reasonable efforts to obtain from its Lienholders the termination or release or defeasance, at Closing, of all security agreements, mortgages and financing statements relating to the Acquired Assets (such termination or release being hereinafter referred to as the "Debtholder Consents"). Buyer agrees to cooperate in good faith with Seller in obtaining the required Debtholder Consents.

Debtholder Consents. Seller Sellers shall use its their commercially reasonable efforts to obtain from its Lienholders the termination or release or defeasance, at Closing, of all security agreements, mortgages and financing statements relating to the Acquired Assets (such termination or release being hereinafter referred to as the "Debtholder Consents"). Buyer agrees to cooperate in good faith with Seller Sellers in obtaining the required Debtholder Consents.

Debtholder Consents. Seller shall use its commercially reasonable efforts to obtain from its Lienholders Bondholders the termination or release or defeasancerelease, at Closing, of all security agreements, mortgages and financing statements relating to the Acquired Assets Purchased Property (such termination or release being hereinafter referred to as the "Debtholder Consents"). Buyer agrees to cooperate in good faith with Seller in obtaining the required Debtholder Consents.