Common use of Payoff Letters Clause in Contracts

Payoff Letters. Parent shall have received payoff letters in customary form satisfactory to Parent (specifying effectiveness upon receipt of payment) with respect to all Company Transaction Costs, executed by each of the Persons to whom such amounts are owed and certifying full satisfaction of any amounts due (which amounts shall not exceed the amounts set forth in the Working Capital Closing Statement) as of the Closing Date.

Payoff Letters. Parent shall have received payoff Payoff letters in customary form satisfactory to Parent (specifying effectiveness upon receipt of payment) with respect to all Company payments relating to any Debt and Transaction Costs, Costs in amounts not greater than the amounts set forth in the Transaction Costs and Debt Spreadsheet shall have been executed by each of the Persons to whom such amounts are owed and certifying full satisfaction of any amounts due (which amounts shall not exceed the amounts set forth in the Working Capital Closing Statement) as of the Closing Dateand delivered to the Company and Parent.

Payoff Letters. Parent shall have received payoff Payoff letters in customary form satisfactory to Parent (specifying effectiveness upon receipt of payment) with respect to all Company payments relating to any Debt and Transaction Costs, Costs in amounts not greater than the amounts set forth in the Estimated Closing Statement shall have been executed by each of the Persons to whom such amounts are owed and certifying full satisfaction of any amounts due (which amounts shall not exceed the amounts set forth in the Working Capital Closing Statement) as of the Closing Dateand delivered to the Company and Parent.