Use of Purchase Price to Pay Encumbrances. If there is any lien or encumbrance against the Assets, or anything else affecting this sale, which Seller is obligated to pay and discharge at the closing, Seller may use any portion of the balance of the purchase price to discharge it, or Seller may allow to Purchaser the amount thereof as a credit at the closing. Purchaser agrees to provide separate certified checks as reasonably requested to assist in clearing up these matters.
Appears in 5 contracts
Samples: Agreement of Sale (Extreme Mobile Coatings Corp., Ltd.), Agreement of Sale (National Management Consultants Inc), Agreement of Sale (Cdknet Com Inc)
Use of Purchase Price to Pay Encumbrances. If there is any lien or encumbrance against the Assets, or anything else affecting this sale, which Seller is obligated to pay and discharge at the closing, Seller may use any portion of the balance of the purchase price to discharge it, or Seller may allow to Purchaser the amount thereof as a credit at the closing. Purchaser agrees to provide separate certified checks as reasonably requested to assist in clearing up these matters.
Appears in 3 contracts
Samples: Agreement of Sale (Principle Security International, Inc.), Agreement of Sale (Principle Security International, Inc.), Agreement of Sale (Principle Security International, Inc.)
Use of Purchase Price to Pay Encumbrances. If there is any lien or encumbrance against the Assets, or anything else affecting this sale, which Seller is obligated to pay and discharge at the closingClosing, Seller may use any portion of the balance of the purchase price to discharge it, or Seller may allow to Purchaser the amount thereof as a credit at the closingClosing. Purchaser agrees to provide separate certified checks as reasonably requested to assist in clearing up these matters.
Appears in 1 contract
Samples: Restrictive Covenant Agreement
Use of Purchase Price to Pay Encumbrances. If there is any lien or encumbrance against the Assets, or anything else affecting this sale, which Seller is obligated to pay and discharge at the closingClosing, Seller may shall use any portion of the balance of the purchase price to discharge it, or Seller may allow to Purchaser the amount thereof as a credit at the closingClosing. Purchaser agrees to provide separate certified checks as reasonably requested to assist in clearing up these matters.
Appears in 1 contract
