Common use of Payoff Letter Clause in Contracts

Payoff Letter. The Company shall deliver to Parent, at least three (3) Business Days prior to the Closing, a customary payoff letter, in form and substance reasonably satisfactory to Parent, from the agent under the Credit Agreement relating to the repayment in full of all obligations thereunder, the termination of the Credit Agreement and all commitments in connection therewith and the release of all Liens securing the obligations thereunder.

Payoff Letter. The Company shall cause the relevant Person(s) to deliver to Parent, at least three (3) Business Days prior to the ClosingClosing Date, a customary fully executed payoff letter, in form and substance reasonably satisfactory to Parent, from setting forth all amounts required to irrevocably pay in full all of the agent obligations under the Credit Agreement relating to the repayment in full of all obligations thereunder, the termination of the Company Credit Agreement and all commitments documents executed in connection therewith and or pursuant thereto (the release of all Liens securing the obligations thereunder“Payoff Letter”).

Payoff Letter. The Company shall use its reasonable best efforts to deliver to Parent, at least Parent no later than three (3) Business Days prior to the ClosingClosing Date a pay-off letter from the Agent under the Company's Loan Agreement, a customary payoff letter, in as to form and substance reasonably satisfactory to Parentsubstance, from the agent under the Credit Agreement relating addressed to the repayment Company and Parent and signed by the Agent, which pay-off letter shall be updated, as necessary, on the Closing Date to specify the aggregate amount of Obligations (under and as defined in full the Loan Agreement) outstanding as of all obligations thereunder, immediately prior to the termination of the Credit Agreement and all commitments in connection therewith and the release of all Liens securing the obligations thereunderClosing.

Payoff Letter. The Company shall use its reasonable best efforts to deliver to Parent, at least Parent no later than three (3) Business Days prior to the ClosingClosing Date a pay-off letter from the Agent under the Company’s Loan Agreement, a customary payoff letter, in as to form and substance reasonably satisfactory to Parentsubstance, from the agent under the Credit Agreement relating addressed to the repayment Company and Parent and signed by the Agent, which pay-off letter shall be updated, as necessary, on the Closing Date to specify the aggregate amount of Obligations (under and as defined in full the Loan Agreement) outstanding as of all obligations thereunder, immediately prior to the termination of the Credit Agreement and all commitments in connection therewith and the release of all Liens securing the obligations thereunderClosing.