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 Agent, by and between all parties to the Existing Credit Documents evidencing repayment in full of all Existing Indebtedness, together with (a) UCC-3, PPSA financing change statements or other appropriate termination statements, as reasonably requested by Agent, each in form and substance satisfactory to Agent, manually signed by the Existing Lender (if required) releasing all liens of such “Administrative Agent” 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 the Existing Lender or relating to the Existing Indebtedness.
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 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, (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 and (c) releases, which are in recordable form and are in form and substance satisfactory to Agent, manually signed by the Prior Lender, releasing all existing mortgages upon any of the Real Estate of Borrowers.
Payoff Letter; Termination Statements. Copies of duly executed payoff letters, in form and substance satisfactory to Agent, 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 or Agent to file such UCC termination statements, in form and substance satisfactory to Agent, 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.
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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 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.
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 DIP Facility loan documents evidencing repayment in full of all DIP Facility Indebtedness, together with (a) UCC-3 or other appropriate termination statements, in form and substance satisfactory to Agent, manually signed by the Agent for the DIP Facility lenders releasing all liens of DIP Facility lenders 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 the Agent for the DIP Facility lenders or relating to the DIP Facility Indebtedness.
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.
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