Common use of Payoff and Release Letters Clause in Contracts

Payoff and Release Letters. Payoff and release letters from creditors of Sellers, together with UCC-3 termination statements, with respect to any financing statements filed against any of the Purchased Assets, terminating all Encumbrances (including Tax liens) on any of the Purchased Assets;

Appears in 1 contract

Samples: Asset Purchase Agreement (PLC Systems Inc)

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Payoff and Release Letters. Payoff and release letters from creditors of SellersSeller, together with UCC-3 termination statements, statements with respect to any financing statements filed against the Business or any of the Purchased Assets, terminating all Encumbrances (including Tax liens) on any of the Purchased Assets;

Appears in 1 contract

Samples: Asset Purchase Agreement (McGrath Rentcorp)

Payoff and Release Letters. Payoff and release letters from creditors of SellersSeller, together with UCC-3 termination statements, with respect to any financing statements filed against any of the Purchased Assets, terminating all Encumbrances (including including, without limitation, Tax liens) on any of the Purchased Assets, including, without limitation, the duly executed release by KPCB Holdings, Inc. in favor of Seller;

Appears in 1 contract

Samples: Asset Purchase Agreement (Cardium Therapeutics, Inc.)

Payoff and Release Letters. Payoff and release letters from creditors of SellersSeller, together with UCC-3 termination statements, with respect to any financing statements filed against any of the Purchased Assets, terminating all Encumbrances encumbrances (including Tax lienstax liens other than Permitted Liens, as defined in Section 3.4(b) below) on any of the Purchased Assets;

Appears in 1 contract

Samples: Asset Purchase Agreement (Essex Corporation)

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Payoff and Release Letters. Payoff and release letters from creditors of SellersSeller, together with UCC-3 termination statements, with respect to any financing statements filed against any of the Purchased Assets, terminating all Encumbrances (including Tax liens) on any of the Purchased Assets;

Appears in 1 contract

Samples: Asset Purchase Agreement (Transmeta Corp)

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