Discharge of Encumbrances. Company and each Seller will take, and Company will cause each Subsidiary to take, all actions and do all things necessary to cause all Encumbrances other than Permitted Encumbrances on any Assets to be terminated or otherwise discharged at or prior to the Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Inspire Insurance Solutions Inc), 4 Stock Purchase Agreement (Inspire Insurance Solutions Inc)
Discharge of Encumbrances. Each Company and each Seller will take, and Company will cause each Subsidiary to take, shall take all actions and do all things necessary to cause all Encumbrances other than Permitted Encumbrances on any 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 take, and Company will cause each Subsidiary to take, take all actions and do all things necessary to cause all Encumbrances other than Permitted Encumbrances on any Assets to be terminated or otherwise discharged at or prior to the Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Marketing Specialists Corp)
