Common use of DISCHARGE OF INDEBTEDNESS AND LIENS Clause in Contracts

DISCHARGE OF INDEBTEDNESS AND LIENS. The Sellers and the Company --- ----------------------------------- shall have provided for the payment in full by the Company of all Funded Indebtedness of the Company. Such Funded Indebtedness, if any, as of August 31, 1998, is listed on Schedule 7.1(d) hereto. The Sellers shall have also provided --------------- for the termination of all Encumbrances of record on the properties of the Company, except for Permitted Exceptions. All liens or UCC filings against the Company and each of the Subsidiaries or Affiliates of the Company which engaged in the Business other than Permitted Exceptions shall have been terminated as of the Closing.

DISCHARGE OF INDEBTEDNESS AND LIENS. The Sellers and the ----------------------------------- Company --- ----------------------------------- shall have provided for the payment in full by the Company of all Funded Indebtedness of the Company. Such Funded Indebtedness, if any, as of August December 31, 1998, is listed on Schedule 7.1(d) hereto. The Sellers shall have also --------------- provided --------------- for the termination of all Encumbrances of record on the properties of the Company, except for Permitted Exceptions. All liens or UCC filings against the Company and each of the Subsidiaries or Affiliates of the Company which engaged in the Business other than Permitted Exceptions shall have been terminated as of the Closing.

DISCHARGE OF INDEBTEDNESS AND LIENS. The Sellers and the Company --- ----------------------------------- shall have provided for the payment in full by the Company of all Funded Indebtedness of the Company. Such Funded Indebtedness, if any, as of August 31, 1998, is listed on Schedule 7.1(d) hereto. The Sellers shall have also provided --------------- for the termination of all Encumbrances of record on the properties of the Company, except for Permitted Exceptions. All liens or UCC filings against the Company and each of the Subsidiaries or Affiliates of the Company which engaged in the Business other than Permitted Exceptions shall have been terminated as of the Closing.

DISCHARGE OF INDEBTEDNESS AND LIENS. The Sellers and the Company --- ----------------------------------- shall have provided for the payment in full by the Company of all Funded Indebtedness of the Company. Such Funded Indebtedness, if any, as of August July 31, 1998, is listed on Schedule 7.1(d) hereto. The Sellers shall have also provided --------------- for the termination of all Encumbrances of record on the properties of the Company, except for Permitted Exceptions. All liens or UCC filings against the Company and each of the Subsidiaries or Affiliates of the Company which engaged in the Business other than Permitted Exceptions shall have been terminated as of the Closing.