Release and Termination of Security Interests. Except for the NJEDA Loan, Target’s assets shall have been released from all security interests thereon and Target shall have taken all steps necessary to terminate all UCC financing statements, which have been filed with respect to such security interest, if any.
Release and Termination of Security Interests. The Company shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Acquired Companies’ assets and to terminate all UCC financing statements which have been filed with respect to such security interests.
Release and Termination of Security Interests. Target shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of Target’s, or any Target Subsidiary’s assets and to terminate all UCC financing statements which have been filed with respect to such security interests other than those related to the capital leases on Schedule 7.2(o).
Release and Termination of Security Interests. The Company shall have taken all steps necessary to terminate all UCC financing statements that have been filed with respect to security interests in the Acquired Companies’ assets or evidence that such releases shall become effective upon the payment of the amounts set forth in the payoff letters delivered pursuant to Section 8.2(i).
Release and Termination of Security Interests. The Purchased Assets shall have been released from all security interests thereon, other than the Permitted Exceptions, and Seller shall have taken reasonable steps to terminate all UCC financing statements other than with respect to Permitted Exceptions, and financing statements under applicable personal property security statutes which have been filed with respect to such security interests and evidence thereof in a form reasonably satisfactory to Purchaser has been delivered to Purchaser.
Release and Termination of Security Interests. On or before the Closing, Seller will take all actions necessary to cause the release of any and all outstanding Encumbrances (other than Continuing Encumbrances) on the Transferred Assets, and will make all filings (including UCC-3s), or use commercially reasonable efforts to cause the holders of any Encumbrances (other than Continuing Encumbrances) on the Transferred Assets to make such filings, in all local, state and foreign jurisdictions necessary to publicly notice the termination and release of such Encumbrances. All such releases and filings will be in a form and substance reasonably acceptable to Purchaser.
Release and Termination of Security Interests. On or before the Closing, the Company will take all actions necessary to cause the release of any and all outstanding Encumbrances (other than Permitted Encumbrances), and will make all filings (including UCC-3s), or use commercially reasonable efforts to cause the holders of any Encumbrances (other than Permitted Encumbrances) to make such filings, in all local, state and foreign jurisdictions necessary to publicly notice the termination and release of such Encumbrances. All such releases and filings will be in a form and substance reasonably acceptable to TheMaven.
Release and Termination of Security Interests. The Company shall, and the Shareholders shall use commercially reasonable efforts to cause the Company to, use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Company’s assets, if any. 7.9
Release and Termination of Security Interests. The Company’s assets shall have been released from all security interests thereon and the Company shall have provided Purchaser with evidence reasonably satisfactory to Purchaser of such release. (xii)
Release and Termination of Security Interests. Except for those set forth on Section 3.20 of the Company Disclosure Schedule, the Company shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Company’s or any Company Subsidiary’s assets.
