Common use of Payoff and Release Letters Clause in Contracts

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

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Payoff and Release Letters. Payoff and release letters from creditors of Seller, 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, without limitation, including 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 (McGrath Rentcorp)

Payoff and Release Letters. Payoff and release letters from creditors of Seller, together with UCC-3 termination statements, with respect to any financing statements filed against any of the Purchased Assets, terminating all Encumbrances encumbrances (includingincluding tax liens other than Permitted Liens, without limitation, Tax liensas defined in Section 3.4(b) below) 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 (Essex Corporation)

Payoff and Release Letters. Payoff and release letters from creditors of SellerSellers, together with UCC-3 termination statements, with respect to any financing statements filed against any of the Purchased Assets, terminating all Encumbrances (including, without limitation, including 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 (PLC Systems Inc)

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Payoff and Release Letters. Payoff and release letters from creditors of Seller, together with UCC-3 termination statements, with respect to any financing statements filed against any of the Purchased Assets, terminating all Encumbrances (including, without limitation, including 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 (Transmeta Corp)

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