Payoff Letter; Termination Statements Sample Clauses

Payoff Letter; Termination Statements. Copies of a duly executed payoff letter, in form and substance reasonably satisfactory to Agent, by and between all parties to the Prior Lender loan documents evidencing repayment in full of all Prior Lender Obligations, together with (a) UCC-3 or other appropriate termination statements, in form and substance satisfactory to Agent, manually signed by the Prior Lender releasing all liens of Prior Lender upon any of the personal property of each Credit Party, and (b) termination of all blocked account agreements, bank agency agreements or other similar agreements or arrangements or arrangements in favor of Prior Lender or relating to the Prior Lender Obligations.
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Payoff Letter; Termination Statements. Copies of a duly executed payoff letter, in form and substance reasonably satisfactory to Agent, by and between all parties to the Prior Lender loan documents evidencing repayment in full of all Prior Lender Obligations, together with (a) UCC-3 or other appropriate termination statements, in form and substance satisfactory to Agent, manually signed by Prior Lender Agent or the applicable Prior Lender releasing all liens of Prior Lender Agent or any Prior Lender upon any of the real or personal property of each Credit Party, and (b) termination of all blocked account agreements, bank agency agreements or other similar agreements or arrangements or arrangements in favor of Prior Lender Agent or Prior Lender or relating to any Prior Lender Obligations.
Payoff Letter; Termination Statements. Copies of a duly executed payoff letter, in form and substance reasonably satisfactory to the Administrative Agent, by and between all parties to the loan documents evidencing Indebtedness that will be repaid on the Effective Date, together with UCC-3 or other appropriate termination statements, in form and substance satisfactory to the Administrative Agent releasing all applicable liens.
Payoff Letter; Termination Statements. Copies of a duly executed payoff letter, in form and substance reasonably satisfactory to Administrative Agent, by and between all parties to the Prior Lender loan documents evidencing repayment in full of all Prior Lender Obligations (other than with respect to certain outstanding letter of credit obligations to remain in effect in accordance with the terms set forth in such payoff letter), together with (a) UCC-3 or other appropriate termination statements, in form and substance satisfactory to Administrative Agent, releasing all Liens of Prior Lender upon any of the real or personal property of each Credit Party, and (b) termination of all blocked account agreements, bank agency agreements or other similar agreements or arrangements or arrangements in favor of Prior Lender or relating to the Prior Lender Obligations.
Payoff Letter; Termination Statements. Copies of a duly executed ------------------------------------- payoff letter, in form and substance satisfactory to Agents, by and between all parties to the Original Lenders loan documents evidencing repayment in full of all the Original Lenders' Obligations, together with (a) UCC-3 or other appropriate termination statements, in form and substance satisfactory to Agents, manually signed by the Original Lenders releasing all liens of Original Lenders upon any of the personal property and real property of each Credit Party, and (b) termination of all blocked account agreements, bank agency agreements or other similar agreements or arrangements or arrangements in favor of the Original Lenders or relating to the Original Lenders' Obligations.
Payoff Letter; Termination Statements. Copies of a duly executed payoff letter, in form and substance reasonably satisfactory to Administrative Agent, by and between all parties to the Prior Lender loan documents evidencing repayment in full of all Prior Lender Obligations, together with (a) UCC-3 or other appropriate termination statements, in form and substance satisfactory to Administrative Agent, manually signed by the Prior Lender releasing all liens of Prior Lender upon any of the personal property of each Credit Party, and (b) termination of all blocked account agreements, bank agency agreements or other similar agreements or arrangements or arrangements in favor of Prior Lender or relating to the Prior Lender Obligations, or, in Agents discretion, modifications of any such agreements or arrangements to reference this Agreement and Administrative Agent as the secured party or assignee thereunder and to delete all references therein to Prior Lender.
Payoff Letter; Termination Statements. Copies of a duly executed payoff letter, in form and substance reasonably satisfactory to Agent, by and between all holders of outstanding Indebtedness on the Closing Date evidencing repayment in full of all such Indebtedness, if any, together with (a) authorization for Agent to file UCC-3 or other appropriate termination statements, in form and substance satisfactory to Agent, releasing all liens of the holders of such Indebtedness upon any of the assets being so acquired, and (b) termination of all blocked account agreements, bank agency agreements or other similar agreements or arrangements or arrangements in favor of such holders, if applicable.
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Payoff Letter; Termination Statements. Copies of duly executed payoff letters from each of Comerica Bank, Xxxxx Xxx Xxxx and Superior Snubbing Services, Inc. evidencing the repayment in full of all Indebtedness and related obligations owed by Bobcat and its Subsidiaries to such parties, together with (a) authorization for Borrower to file such UCC termination statements, releasing all Liens of such lenders on any property of any Credit Party, (b) such other releases and other termination statements, requested by and in form and substance satisfactory to Agent, manually executed by such lenders and (c) termination of all blocked account agreements, bank agency agreements or other similar agreements or arrangements in favor of such lenders or relating to the Indebtedness owed to such lenders.
Payoff Letter; Termination Statements. Duly executed pay-off and release letter from Citizens Bank, evidencing repayment in full of all Indebtedness of Tech Industries to Citizens Bank and the release of all Liens granted by Tech Industries in favor of Citizens Bank, together with UCC-3 termination statements signed by Citizens Bank and all other Lien releases required in order to terminate such Liens.
Payoff Letter; Termination Statements. Copies of the duly executed Pay-off Letter related to the applicable Facility, together with (a) UCC-3 or other appropriate termination statements releasing all Liens of the applicable Prior Lender upon personal property related to such Facility (including any fixture filings related to the Real Estate), and (b) documents evidencing the release of all Liens of the applicable Prior Lender upon any of the Real Estate (including the applicable Facility).
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