Common use of UCC-3’s; Payoff Letters Clause in Contracts

UCC-3’s; Payoff Letters. Duly executed payoff letters and UCC-3 termination statements and other terminations, pay-offs and/or releases (in each case, in a form reasonably satisfactory to Buyer) evidencing the complete satisfaction in full of all outstanding Indebtedness of the Company and its Subsidiaries;

UCC-3’s; Payoff Letters. Duly Buyer shall have received fully executed payoff letters and or UCC-3 termination statements and other terminations, pay-offs and/or releases (in each casereleases, in a form reasonably satisfactory or, at Buyer’s option, assignments, necessary to Buyer) evidencing terminate, release or assign, as the case may be, all Liens on the properties of the Company and evidence of the complete satisfaction in full of all outstanding Indebtedness of the Company and its Subsidiaries;Company.

UCC-3’s; Payoff Letters. Duly Buyer shall have received fully executed payoff letters and or UCC-3 termination statements and other terminations, pay-pay offs and/or releases releases, or, at Buyer’s option, assignments, necessary to terminate, release or assign, as the case may be, all Liens on the properties of the Sellers (in each case, in a form reasonably satisfactory to Buyerincluding the Acquired Assets) evidencing and evidence of the complete satisfaction in full of all outstanding Indebtedness Debt of Sellers, the Company and its Subsidiaries;Acquired Assets and/or the Business.

UCC-3’s; Payoff Letters. Duly Buyer shall have received fully executed payoff letters and or UCC-3 termination statements and other terminations, pay-offs and/or releases releases, or, at Buyer’s option, assignments, necessary to terminate, release or assign, as the case may be, all Liens on the properties of the Company and its Subsidiaries (in each caseincluding the Liens set forth on Schedule 2.11 attached hereto), in a form reasonably satisfactory to Buyer) evidencing and evidence of the complete satisfaction in full of all outstanding Indebtedness of the Company and its Subsidiaries;.