Bond Payoff definition

Bond Payoff has the meaning specified in Section 12.12. "Boundary Evidence" has the meaning specified in Section 6.03(a).

Examples of Bond Payoff in a sentence

  • Evidence to Purchaser's satisfaction in its reasonable discretion of the payment, release, defeasance and/or redemption of Seller's Bonds and Notes (the "Bond Payoff").

  • The Purchaser shall not amend or modify the Bond Payoff Agreement, and the Sellers and the Companies agree to execute and deliver at the Closing the mutual releases specified in the Bond Payoff Agreement.

  • The Bond Payoff Agreement is in full force and effect and enforceable against each of the parties thereto in accordance with the provisions thereof.

  • The Bond Payoff Agreement has not been amended, modified or otherwise altered in any material respect and attached to the Purchaser's Disclosure Schedule is a true, complete and correct copy thereof.