Common use of Release and Termination of Security Interests Clause in Contracts

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 Company’s assets and to terminate all UCC financing statements which have been filed with respect to such security interests.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Rocket Lab USA, Inc.)

AutoNDA by SimpleDocs

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 Company’s or a Company Subsidiary’s assets and to terminate all UCC financing statements which have been filed with respect to such security interests.

Appears in 1 contract

Samples: Merger Agreement (Qualcomm Inc/De)

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 Company’s Acquired Companies’ assets and to terminate all UCC financing statements which have been filed with respect to such security interests.

Appears in 1 contract

Samples: Equity Purchase Agreement (Addus HomeCare Corp)

AutoNDA by SimpleDocs

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 Company’s assets and to terminate all UCC financing statements which have been filed with respect to such security interests., in each case other than Permitted Liens

Appears in 1 contract

Samples: Merger Agreement (Nuvasive Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!