Lien Termination Statements Sample Clauses
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Lien Termination Statements. A Termination Statement for each and every UCC-1 Financing Statement filed with respect to the Membership Interests, the Business or the assets of the Company, or a lien release for each and every lien filed with respect to any of the Membership Interest, the Business or the assets of the Company, attached hereto as Exhibit 3.2(a)(6);
Lien Termination Statements. Buyer will have received termination statements of all security interests in, and releases of all Liens, other than Permitted Liens, on, the Purchased Assets, including, but not limited to, UCC Termination Statements;
Lien Termination Statements. Effective as of the Fifth Amendment Effective Date, the Agent and the Required Lenders hereby agree that (i) the UCC-1 financing statements filed against each member of the Borrower that was a signatory to the Pledge Agreement shall be deemed terminated and (ii) each such member, the Borrower and the Borrower’s counsel are authorized to file UCC-3 financing statements terminating such UCC-1 financing statements.
Lien Termination Statements. Provided that contemporaneously with the occurrence of the Borrower Equity Transfer the MLP shall have executed and delivered to the Agent for the benefit of the Lenders the Amended and Restated Pledge Agreement, the Agent and the Required Lenders hereby agree that (i) the UCC-1 financing statements filed against each member of the Borrower that was a signatory to the Pledge Agreement shall be deemed terminated and (ii) each such member, the Borrower and the Borrower’s counsel are authorized to file UCC-3 financing statements terminating such UCC-1 financing statements