Satisfaction of Indebtedness. Your securities and other property, in any account in which you have an interest, will be subject to a lien for the discharge of any and all indebtedness or any other obligations. All securities and other property of yours will be held by HTS or your Financial Professional as security for the payment of any such obligations or indebtedness in any account that you may have an interest, subject to applicable law. HTS or your Financial Professional may, at any time and without prior notice to you, use and/or transfer any or all securities and other property in any account(s) in which the Customer has an interest.
Satisfaction of Indebtedness. Until the Indebtedness has been indefeasibly paid and fully satisfied (other than contingent indemnification obligations to the extent no unsatisfied claim has been asserted) and the commitments of Lender under the Credit Facility have been terminated, Lender shall be entitled to retain the security interests in the Collateral granted under the Loan Documents and the ability to exercise all rights and remedies available to Lender under the Loan Documents and applicable laws.
Satisfaction of Indebtedness. The City and the Agency agree that Net Available Increment may be used only in accordance with this Agreement, the DDA, including the Financing Plan, and the CCRL.
Satisfaction of Indebtedness. The Client agrees to satisfy any indebtedness without need for demand, and to pay any debit balance remaining when the OSTA is closed, partially or totally.
Satisfaction of Indebtedness. You agree to immediately pay and discharge any indebtedness or liability (including any remaining Amount Outstanding and the Debit Balance) to SoFi HK on demand. You may not close any of your Accounts unless you have paid and discharged all such indebtedness, liability and other obligation to SoFi HK. You will pay for all costs and expenses incurred by SoFi HK in connection with enforcing payment or discharge of any such indebtedness, liability or obligation.
Satisfaction of Indebtedness. Prior to the Effective Time, HRKP shall have caused the payoff of all liabilities owed to third-parties (with the exception of thirty (30) days worth of trade payables, one (1) week of accrued vacation pay per employee, and one (1) week of accrued sick leave per employee, which shall be assumed by SCN) and all indebtedness owed to banks or other financial institutions or lenders or shall have caused the assumption thereof by a new entity organized by the HRKP Stockholders. Notwithstanding any contrary provision contained herein, SCN shall not be deemed to have assumed, nor shall SCN assume: (i) any liability which may be incurred by reason of any breach of or default under such contracts, leases, commitments or obligations which occurred prior to the Closing Date; (ii) any liability for any employee benefits payable to employees of HRKP, including, but not limited to, liabilities arising under any Employee Benefit Plan; (iii) any liability based upon or arising out of a violation of any laws by HRKP, including, without limiting the generality of the foregoing, any such liability which may arise in connection with agreements, contracts, commitments or provision of services by HRKP; nor (iv) any liability based upon or arising out of any tortious or wrongful actions of HRKP or any Physician Owner, or any liability for the payment of any taxes imposed by law on HRKP arising from or by reason of the transactions contemplated by this Agreement. In addition, the HRKP Stockholders shall cause to be filed on behalf of HRKP all final tax returns required by Applicable Law to be filed and shall pay all Taxes owed by HRKP for the tax period ended as of the Effective Time.
Satisfaction of Indebtedness. At or prior to the Closing, Seller shall have repaid in full all outstanding indebtedness of Seller to the extent affecting the Purchased Assets and shall cause all Security Interests affecting the Purchased Assets to be extinguished.
Satisfaction of Indebtedness. At the Closing, the Buyer shall satisfy and pay the Seller Indebtedness set forth on the Closing Statement.
Satisfaction of Indebtedness. 16 (o) Conversion into Business Corporation...........................16 (p)
Satisfaction of Indebtedness. Prior to the Effective Time, OSMC shall have caused the payoff of all liabilities owed to third-parties and all indebtedness owed to banks or other financial institutions or lenders or shall have caused the assumption thereof by a new entity organized by the OSMC Stockholders. Without limiting the generality of the foregoing, OSMC shall establish a reserve for income, excise or other taxes to be paid upon collection of any cash basis accounts receivable existing on the books of OSMC at the Effective Time. Notwithstanding any contrary provision contained herein, SCN shall not be deemed to have assumed, nor shall SCN assume: (i) any liability which may be incurred by reason of any breach of or default under such contracts, leases, commitments or obligations which occurred prior to the Closing Date; (ii) any liability for any employee benefits payable to employees of OSMC, including, but not limited to, liabilities arising under any Employee Benefit Plan; (iii) any liability based upon or arising out of a violation of any laws by OSMC, including, without limiting the generality of the foregoing, any such liability which may arise in connection with agreements, contracts, commitments or provision of services by OSMC; nor (iv) any liability based upon or arising out of any tortious or wrongful actions of OSMC or any Physician Owner, or any liability for the payment of any taxes imposed by law on OSMC arising from or by reason of the transactions contemplated by this Agreement.
