Common use of Payoff Letter Clause in Contracts

Payoff Letter. A duly executed and delivered payoff letter with respect to the Existing Loan Agreement, in form and substance reasonably satisfactory to Administrative Agent.

Payoff Letter. A duly executed and delivered payoff letter with respect to the Borrower’s Existing Loan AgreementDebt Facility, together with a release of such secured parties’ existing liens, each in form and substance reasonably satisfactory to Administrative Agent.

Payoff Letter. A duly executed and delivered payoff letter with respect to the Existing Loan Agreement, together with such related Lien releases as are reasonably requested by the Administrative Agent, in each case in form and substance reasonably satisfactory to Administrative Agent.

Payoff Letter. A duly executed and delivered payoff letter with respect to the Existing Loan AgreementBorrower’s existing credit agreement, together with a release of Borrower’s existing mortgage, each in form and substance reasonably satisfactory to Administrative Agent.