Common use of Release of Security Interests Clause in Contracts

Release of Security Interests. Provision satisfactory to Buyer shall have been made for the release of any security interests which encumber any of the Purchased Assets and the cost of such releases shall be borne by the Seller.

Appears in 3 contracts

Samples: Asset Purchase Agreement (1847 Goedeker Inc.), Asset Purchase Agreement (1847 Holdings LLC), Asset Purchase Agreement (ICTV Brands Inc.)

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Release of Security Interests. Provision satisfactory to Buyer shall have been made for the release of any security interests which encumber any of the Purchased Assets and the cost of such releases shall be borne by the SellerAssets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Refac), Corpas Investments Inc

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Release of Security Interests. Provision satisfactory to Buyer ----------------------------- shall have been made for the release of any security interests which encumber any of the Purchased Assets and the cost of such releases shall be borne by the SellerAssets.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Shoe Pavilion Inc)

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