Common use of Financing Leases Clause in Contracts

Financing Leases. Seller will satisfy at or prior to Closing all outstanding obligations under capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 16 contracts

Samples: Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Paxson Communications Corp), Asset Purchase Agreement (Paxson Communications Corp)

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Financing Leases. Seller will satisfy at or prior to Closing all outstanding obligations under capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Deep Green Waste & Recycling, Inc.), Asset Purchase Agreement (Omnicity Corp.)

Financing Leases. Seller Sellers will satisfy at or prior to Closing all outstanding obligations under capital and financing leases leases, if any, with respect to any of the Assets and obtain good title to the Assets leased by Seller Sellers pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Option Agreement (Cox Radio Inc)

Financing Leases. Seller Sellers will satisfy at or prior to Closing all outstanding obligations under capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by either Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Financing Leases. Except for obligations assumed by Buyer pursuant to Section 2.5, Seller will satisfy at or prior to Closing all outstanding obligations under capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Financing Leases. Seller will shall satisfy at or prior to Closing all outstanding obligations under capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Financing Leases. Except to the extent Buyer agrees to assume in writing any such leases at Closing, Seller will satisfy at or prior to Closing all outstanding obligations under any capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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Financing Leases. Other than Assumed Contracts, Seller will satisfy at or prior to Closing all outstanding obligations under capital and or financing leases leases, if any, with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cox Radio Inc)

Financing Leases. Seller Sellers will satisfy at or prior to Closing all outstanding obligations under capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by Seller Sellers pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

Financing Leases. Seller will satisfy at or prior to Closing all outstanding obligations under capital and or financing leases leases, if any, with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors.

Appears in 1 contract

Samples: Asset Purchase Agreement (Spanish Broadcasting System Inc)

Financing Leases. Seller will satisfy at or prior to Closing all outstanding obligations under capital and financing leases with respect to any of the Assets and obtain good title to the Assets leased by Seller pursuant to those leases so that those Assets shall be transferred to Buyer at Closing free of any interest of the lessors. Seller shall provide evidence reasonably satisfactory to Buyer prior to Closing that Seller has complied with this covenant.

Appears in 1 contract

Samples: Asset Purchase Agreement (Paxson Communications Corp)

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