Common use of Removal of Personal Property Liens Clause in Contracts

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility and the Facility at Closing shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptions.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Summit Healthcare REIT, Inc), Purchase and Sale Agreement (Summit Healthcare REIT, Inc), Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.)

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Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closingliens) all personal property liens which are related to the Facility Facilities and the Facility at Closing Facilities shall be free and clear of all liens, claims and encumbrances other than Permitted ExceptionsExceptions once such payoffs are made at Closing.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Summit Healthcare REIT, Inc), Purchase and Sale Agreement (Summit Healthcare REIT, Inc), Purchase and Sale Agreement (Summit Healthcare REIT, Inc)

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility Facilities and the Facility at Closing Facilities shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptions.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Summit Healthcare REIT, Inc), Purchase and Sale Agreement (Summit Healthcare REIT, Inc)

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closingliens) all personal property liens which are related to the Facility and the Facility at Closing shall be free and clear of all liens, claims and encumbrances other than Permitted ExceptionsExceptions once such payoffs are made at Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Summit Healthcare REIT, Inc), Purchase and Sale Agreement (Summit Healthcare REIT, Inc)

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility and the Facility at Closing The Property shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptionsthose permitted herein or that will be paid or otherwise satisfied by Sellers on the Closing Date.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Diversicare Healthcare Services, Inc.), Asset Purchase Agreement (Diversicare Healthcare Services, Inc.)

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility Personal Property, and the Facility at Closing shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.)

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility and the Facility at Closing The Property shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptionsthose expressly permitted herein or that will be paid or otherwise satisfied by Seller on the Closing Date.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Removal of Personal Property Liens. Seller shall will have removed (or shall will have sufficient payoff or other documents to remove such liens at Closing) all personal property Property liens which are related to the Facility Facilities and the Facility Facilities at Closing shall will be free and clear of all liens, claims and encumbrances other than Permitted Exceptions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (CareTrust REIT, Inc.)

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility Facilities and the Facility Facilities at Closing shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cornerstone Core Properties REIT, Inc.)

Removal of Personal Property Liens. Seller shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility and the Facility at Closing shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptions.

Appears in 1 contract

Samples: Purchase and Sale Agreement Pennington Gardens (Summit Healthcare REIT, Inc)

Removal of Personal Property Liens. Seller Sellers shall have removed (or shall have sufficient payoff or other documents to remove such liens at Closing) all personal property liens which are related to the Facility and the Facility at Closing Fixtures, Furniture and Equipment, and the same shall be free and clear of all liens, claims and encumbrances other than Permitted Exceptions.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Summit Healthcare REIT, Inc)

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