Common use of Discharge of Encumbrances Clause in Contracts

Discharge of Encumbrances. Seller will take all actions and do all things necessary to cause all Encumbrances other than Permitted Encumbrances on any Purchased Assets to be terminated or otherwise discharged at or prior to the Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Inspire Insurance Solutions Inc), Asset Purchase Agreement (Inspire Insurance Solutions Inc)

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Discharge of Encumbrances. The Company and each Seller will shall take all actions and do all things necessary to cause all Encumbrances other than Permitted Encumbrances on any Purchased Assets of its assets to be terminated or otherwise discharged at or prior to the Closing.

Appears in 1 contract

Samples: Purchase Agreement (Hallmark Financial Services Inc)

Discharge of Encumbrances. Company and each Seller will shall take all actions and do all things necessary to cause all Encumbrances other than Permitted Encumbrances on any Purchased Assets to be terminated or otherwise discharged at or prior to the Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Inspire Insurance Solutions Inc)

Discharge of Encumbrances. Seller will take all actions and do all things necessary to cause all Encumbrances other than Permitted Encumbrances on any Purchased Assets to be terminated or otherwise discharged at or prior to the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Marketing Specialists Corp)

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Discharge of Encumbrances. Each Seller will shall take all actions and do all things necessary to cause all Encumbrances encumbrances other than Permitted Encumbrances permitted encumbrances on any Purchased of the Acquired Assets to be terminated or otherwise discharged at or prior to the Closing.

Appears in 1 contract

Samples: Asset and Renewal Rights Acquisition Agreement (Hallmark Financial Services Inc)

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