UCC-3 Termination Statements. The Purchaser shall have received UCC-3 termination statements and any other instrument necessary to terminate or discharge the Liens granted by Appia and Mandalay and any Subsidiary of Appia and Mandalay to any Person (other than Permitted Liens) (or, to the extent that any such UCC-3 termination statements or any other instrument shall not have been obtained and filed, arrangements satisfactory to the Purchaser for the obtaining and filing thereof shall have been made).
UCC-3 Termination Statements. Upon the Factoring Termination Date, the Factor shall file UCC-3 termination statements terminating their liens on Borrower’s assets granted pursuant to the Financing Agreements. In the event the Factor does not timely file such UCC-3 termination statements, the Company shall be authorized to file such UCC-3 termination statements on behalf of the Factor.
UCC-3 Termination Statements. Seller shall have delivered UCC-3 Termination Statements executed by Silicon Valley Bank as necessary to terminate any and all liens on the Assets existing immediately prior to the Closing.
UCC-3 Termination Statements. The Lender shall have received UCC-3 termination statements and any other instrument necessary to terminate the Liens granted by the Borrowers to any Person (other than Permitted Liens)(or, to the extent that any such UCC-3 termination statements or any other instrument shall not have been obtained and filed, arrangements satisfactory to the Lender for the obtaining and filing thereof shall have been made).
UCC-3 Termination Statements. Within 7 days following the Initial Borrowing Date (or such later date as shall have been determined by the Administrative Agent in its sole discretion), the Administrative Agent shall have received Form UCC-3 termination statements and Form PPSA 2-C financing change statements and applications for registration in respect of the Liens listed on Part B of Schedule IX hereto and same shall be filed in the appropriate governmental office.
UCC-3 Termination Statements. Within 45 days of the date hereof, the Borrower shall cause to be terminated, and to be delivered to the Lender and its counsel evidence of termination of, the following financing statements: those in favor of Alenia Spazo Spa filed of record in Washington and Florida against the Borrower, and those filed of record in favor of Bank of America in Washington, Bank of America in Colorado against the Borrower, and that of Bank of America filed in Colorado against Jxxxxxx Engineering Corp.
UCC-3 Termination Statements. Each of the Designated Stockholders and the ESOT hereby covenant and agree that he, she or it, at their own expense, shall use all commercially reasonable efforts to cause, as soon as practicable after the Closing, each Person from whom the Company or any of its Subsidiaries has borrowed money (or guaranteed the debt associated with such borrowing), or to whom such Person is otherwise obligated with respect to any Encumbrance on or affecting any asset, property or right of the Company or any of its Subsidiaries, or with whom the Company or any of its Subsidiaries has entered into a lease or similar Contract, to execute and file such UCC-3 termination statements and/or other similar instruments evidencing the satisfaction of such indebtedness or other obligation, satisfaction of judgment or termination documents in each jurisdiction where evidence of such borrowing, guarantee, obligation, lease or similar Contract set forth on Schedule 7.7; provided, however, that the Designated Stockholders and ------------ -------- ------- the ESOT shall not be required to comply with this Section 7.7 with respect to any lease or similar Contract that has not been terminated by the parties thereto or that has not expired by its terms.
UCC-3 Termination Statements. The Stockholders shall promptly, and in no event later than the later of ten (10) days after the Closing or ten (10) days after the related obligations are satisfied, obtain UCC-3 termination financing statements relating to the following: (i) UCC-1 financing statement, filing number 000000018100780, filed on June 4, 1999 with the Maryland Department of Assessments and Taxation in favor of Merchant-Link, Inc. against the Company, and (ii) UCC-1 financing statement, filing number 0039100000047792, filed on February 5, 1999 with the Maryland Department of Assessments and Taxation in favor of PTI against the Company.
UCC-3 Termination Statements. Within 60 days following the Initial ---------------------------- Borrowing Date (or such later date as shall have been determined by the Agent in its sole discretion), the Agent shall have received Form UCC-3 termination statements in respect of the Liens listed on Part B of Schedule IX hereto and same shall be filed in the appropriate governmental office within 75 days following the Initial Borrowing Date (or such later date as shall have been determined by the Agent in its sole discretion). Within 90 days following the Initial Borrowing Date (or such later date as shall have been determined by the Agent in its sole discretion), the Agent shall have received Form UCC-3 termination statements in respect of the Liens listed on Part C of Schedule IX hereto and same shall be filed in the appropriate governmental office within 105 days following the Initial Borrowing Date (or such later date as shall have been determined by the Agent in its sole discretion).
UCC-3 Termination Statements. The Lenders shall have received UCC-3 termination statements for all filed Liens except Permitted Liens.
