Common use of Payoff Letter Clause in Contracts

Payoff Letter. A payoff letter from all Persons (if any) holding Liens of record (other than Permitted Liens) on or prior to the applicable Funding Date with respect to any applicable Railcar shall have been delivered to the Agent.

Appears in 6 contracts

Samples: Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc)

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Payoff Letter. A payoff letter from all Persons (if any) holding Liens of record (other than Permitted Liens) on or prior to the applicable Funding Closing Date with respect to any applicable Railcar shall have been delivered to the Agent.

Appears in 2 contracts

Samples: Term Loan Agreement (Trinity Industries Inc), Term Loan Agreement (Trinity Industries Inc)

Payoff Letter. A On any Funding Date, a payoff letter from all Persons (if any) holding Liens of record (other than Permitted Liens) on or prior to the applicable such Funding Date with respect to any applicable Railcar shall have been delivered to the Agent.

Appears in 2 contracts

Samples: Revolving Asset Based Loan Agreement (Andersons, Inc.), Revolving Asset Based Loan Agreement (Andersons, Inc.)

Payoff Letter. A payoff letter from all Persons (if any) holding Liens of record (other than Permitted Liens) on or prior to the applicable Funding Date with respect to any applicable Railcar Container shall have been delivered to the Agent.

Appears in 1 contract

Samples: Loan Agreement (Cronos Group)

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Payoff Letter. A payoff letter from all Persons (if any) holding Liens of record (other than Permitted Liens) on or prior to the applicable Funding Date Date, with respect to any applicable Railcar shall have been delivered to the Agent.

Appears in 1 contract

Samples: Term Loan Agreement (Trinity Industries Inc)

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