Common use of Payoff Letters Clause in Contracts

Payoff Letters. The Buyer shall have received payoff letters reasonably acceptable to it with respect to the payment of the Credit Agreement Outstanding Payoff Amount and the release of any Encumbrance related thereto.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Avista Capital Partners GP, LLC), Stock Purchase Agreement (Angiodynamics Inc)

Payoff Letters. The Buyer shall have received payoff letters reasonably acceptable to it with respect to the payment of the Credit Agreement Outstanding Facilities Payoff Amount and the release of any Encumbrance all of the Encumbrances related thereto.

Appears in 1 contract

Sources: Stock Purchase Agreement (Domtar CORP)

Payoff Letters. The Buyer shall have received payoff letters reasonably acceptable to it with respect to the payment of the Credit Agreement Outstanding Agreements Payoff Amount and the release of any Encumbrance related thereto.

Appears in 1 contract

Sources: Stock Purchase Agreement (MBF Healthcare Acquisition Corp.)

Payoff Letters. The Buyer shall have received payoff letters reasonably acceptable to it with respect to the payment of the Credit Agreement Outstanding Payoff Amount all Indebtedness set forth in Schedule 8.7 and all Company Expenses, and the release of any Encumbrance related thereto.

Appears in 1 contract

Sources: Share Purchase Agreement (CPG International Inc.)

Payoff Letters. The Buyer shall have received payoff letters reasonably acceptable to it with respect to the payment of the Credit Agreement Outstanding Parent Debt Payoff Amount and the release of any Encumbrance all of the Encumbrances, if any, related thereto.

Appears in 1 contract

Sources: Share Purchase Agreement (Gallagher Arthur J & Co)