Payoff Letters and Releases Sample Clauses

Payoff Letters and Releases. Acquiror Company shall have delivered to the Company such pay-off letters and releases relating to liabilities of Acquiror Company as the Company shall request, in form and substance satisfactory to the Company, including, but not limited to: (i) any agreement with any third parties under which Acquiror Company has a payment obligation (whether in cash or in kind); (ii) any notes payable of Acquiror Company as at the Closing Date; and (iii) any auditor, transfer agent and Xxxxx xxxxx invoices.
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Payoff Letters and Releases. Seller shall have provided payoff --------------------------- letters from lenders and lessors of all Indebtedness to be discharged pursuant to Section 6.21 and obtained releases of all Liens relating to the Acquired Assets.
Payoff Letters and Releases. CYIX shall have delivered to Goldenway such payoff letters and releases relating to liabilities of CYIX as Goldenway shall request, in form and substance satisfactory to Goldenway.
Payoff Letters and Releases. Gotham shall deliver to Oxys such pay-off letters and releases relating to liabilities of Gotham as Oxys shall request, in form and substance satisfactory to Oxys, so that on the Closing Date Gotham will have no liabilities other than the assumed liabilities listed in Schedule 5.1(i).
Payoff Letters and Releases. Deerfield shall have delivered to Leading Asia such pay-off letters and releases relating to liabilities of Deerfield as Leading Asia shall request, in form and substance satisfactory to Leading Asia, including, but not limited to: (i) any agreement with any third parties under which Deerfield has a payment obligation (whether in cash or in kind); (ii) any notes payable of Deerfield as at the Closing Date; and (iii) any auditor, transfer agent and Xxxxx xxxxx invoices.
Payoff Letters and Releases. Shell Company shall have delivered to RISE KING and the RISE KING Shareholders such pay-off letters and releases relating to liabilities of Shell Company as RISE KING or the RISE KING Shareholders shall request, in form and substance satisfactory to RISE KING and the RISE KING Shareholders.
Payoff Letters and Releases. Parent will have received Payoff Letters describing the outstanding principal and interest required to fully discharge Unpaid Indebtedness, if any, as of the Closing Date, and, if any such Unpaid Indebtedness is secured, an undertaking by the holder(s) to immediately discharge and release any Encumbrances securing the same, which Payoff Letters will be in form and substance reasonably acceptable to Parent.
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Payoff Letters and Releases. JHDG shall have delivered to Cardinal such pay-off letters and releases relating to liabilities of JHDG as Cardinal shall request, in form and substance satisfactory to Cardinal.
Payoff Letters and Releases. Pay off and lien release letters from secured creditors of the Persons to be acquired by Borrower in connection with the Acquisition setting forth, among other things, the total amount of indebtedness outstanding and owing to them and containing an undertaking to cause to be delivered to the Administrative Agent UCC termination statements, and deed of trust reconveyances, and any other lien release instruments necessary to release their Liens on the assets of any Person so acquired by Borrower, which pay off and lien release letters shall be in form and substance acceptable to the Administrative Agent.
Payoff Letters and Releases. Hutech BVI shall have delivered to Hutech HK such payoff letters and releases relating to liabilities of Hutech BVI as Hutech HK shall request, in form and substance satisfactory to Hutech HK.
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