Common use of Liens Released Clause in Contracts

Liens Released. Each and every lien or encumbrance of any nature, if any, relating to the Assets shall have been terminated and released and proof thereof delivered to the Purchaser (except for liens and encumbrances, if any, specifically assumed by Purchaser pursuant to this Agreement).

Appears in 3 contracts

Samples: Asset Purchase Agreement (Rush Enterprises Inc \Tx\), Asset Purchase Agreement (Rush Enterprises Inc \Tx\), Asset Purchase Agreement (Rush Enterprises Inc \Tx\)

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Liens Released. Each and every lien or encumbrance of any nature, if any, relating to the Transferred Assets shall have been terminated and released and proof thereof delivered to the Purchaser Buyer (except for liens liens, encumbrances and encumbrancesobligations, if any, specifically assumed by Purchaser Buyer pursuant to this Agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement (Correctional Services Corp)

Liens Released. Each and every lien or encumbrance of any nature, if any, relating to the Assets shall have been terminated and released and proof thereof delivered to the Purchaser (except for liens and encumbrances, if any, specifically assumed by Purchaser pursuant to this Agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement (Rush Enterprises Inc \Tx\)

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Liens Released. Each and Other than Permitted Liens, every lien or encumbrance of any nature, if any, relating to the Assets shall have been terminated and released and proof thereof of such termination or release shall have been delivered to Purchasers, or the Purchaser (except parties shall have made satisfactory arrangements for the full payment or discharge of the indebtedness underlying such liens and or encumbrances, if any, specifically assumed by Purchaser pursuant to this Agreement).

Appears in 1 contract

Samples: Asset Purchase Agreement (Rush Enterprises Inc \Tx\)

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