Payoff Letters and Lien Releases, etc. The Company will have obtained and delivered to the Buyer customary payoff letters and lien release documentation reasonably satisfactory to the Buyer and its counsel and lenders relating to the repayment of all Debt to be repaid at the Closing and the termination of all Encumbrances on any Assets securing any such Debt.
Appears in 2 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement (Mercury Computer Systems Inc)
Payoff Letters and Lien Releases, etc. The Company Acquired Companies will have obtained and delivered to the Buyer customary payoff letters and lien release documentation reasonably satisfactory to the Buyer and its counsel and lenders relating to the repayment of all Debt to be repaid at the Closing and the termination of all Encumbrances, other than Permitted Encumbrances or those Encumbrances scheduled on Schedule 7.11, on any Assets securing any such Debt.
Appears in 1 contract
Payoff Letters and Lien Releases, etc. The Company will shall have obtained and delivered to the Buyer Parties customary payoff letters and lien release documentation reasonably satisfactory to the Buyer Parties and its their counsel and lenders relating to the repayment of all any Debt to be repaid at the Closing (as determined by the Buyer Parties and specified to the Company) and the termination of all Encumbrances on any Assets securing any such Debt.
Appears in 1 contract
Samples: Agreement and Plan of Merger (K2m Group Holdings, Inc.)
