Common use of UCC Report Clause in Contracts

UCC Report. A report dated not more than ten (10) days prior to the Closing Date of the appropriate filing officers in the applicable jurisdictions evidencing no judgments, financing statements, tax liens, mechanics', materialmen's or other statutory liens, except for Permitted Liens, on file with respect to the Assets, and, if such report evidences that judgments, financing statements, tax liens, mechanics', materialmen's or other statutory liens are on file with respect to any of the Assets, a termination statement or other appropriate document signed by the secured party or lienholder evidencing the release or termination of such financing statement or such lien or a pay-off letter from such secured party or lienholder indicating that such party or lienholder will provide such release or termination statement upon receipt of payment from the proceeds of the sale contemplated herein.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Radio Unica Corp), Asset Purchase Agreement (Oro Spanish Broadcasting Inc)

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UCC Report. A report dated not more than ten twenty (1020) days prior to the Closing Date of the appropriate filing officers offices in the applicable jurisdictions specified in Schedule 9.2.10 evidencing no judgments, financing statements, tax liens, mechanics'mechanic’s, materialmen's ’s or other statutory liens, except for Permitted Liens, liens on file with respect to the AssetsAssets (other than financing statements evidencing lease filings), and, or if such report evidences that judgments, financing statements, tax liens, mechanics'mechanic’s, materialmen's ’s or other statutory liens are on file with respect to any of the Assets, a termination statement or other appropriate document signed by the a secured party or lienholder evidencing the release or termination of such financing statement or such lien or and, if applicable, a pay-off letter from such secured party or lienholder indicating that such party or lienholder will provide such release or termination statement upon receipt of payment from the proceeds of the sale contemplated hereinlienholder.

Appears in 1 contract

Samples: Asset Sale and Purchase Agreement (Martek Biosciences Corp)

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UCC Report. A report dated not more than ten (10) days prior to the Closing Date of the appropriate filing officers in the applicable jurisdictions specified in SCHEDULE 3.1 evidencing no judgments, financing statements, tax liens, mechanics', materialmen's or other statutory liens, except for Permitted Liens, liens on file with respect to the Assets, and, if such report evidences that judgments, financing statements, tax liens, mechanics', materialmen's or other statutory liens are on file with respect to any of the Assets, a termination statement or other appropriate document signed by the secured party or lienholder evidencing the release or termination of such financing statement or such lien or a pay-off letter from such secured party or lienholder indicating that such party or lienholder will provide such release or termination statement upon receipt of payment from the proceeds of the sale contemplated herein.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radio Unica Corp)

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