Payoff Documents definition

Payoff Documents has the meaning set forth in Section 2.3(b).
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Payoff Documents means customary payoff letters, termination statements, releases, amendments, extensions, and other evidences of termination reasonably requested by, and in form and substance reasonably satisfactory to the Lenders and specifying the amount necessary to repay such Indebtedness as is being repaid in accordance with the Debt Financing.
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Payoff Documents has the meaning set forth in the Loan Summary.
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Examples of Payoff Documents in a sentence

  • At the Closing, Parent shall pay or cause to be paid the Credit Facility Payoff Amount, in full, to the Persons entitled thereto as specified in the Debt Payoff Documents.

  • The Debt Payoff Documents shall have been obtained and delivered to Parent.

  • In connection with this opinion, we have examined, among other documents, copies of the Payoff Agreement and the Release dated as of the date hereof by each of the Company and of the Subsidiary in favor of Nomura (the "Release"; the Payoff Agreement and the Release are referred to herein collectively as the "Payoff Documents").

  • Without limiting the foregoing, no later than the three Business Days prior to the Closing Date, the Company shall deliver drafts of the applicable Payoff Documents to the Buyer Entities; provided that this ‎Section 5.11 shall not require the Company or any of its Subsidiaries to cause such repayment, release and termination unless the Closing shall occur substantially concurrently.

  • Each of the Payoff Documents has been duly authorized and validly executed and delivered by the Company.

  • Concurrently with the execution of this Agreement, the Company shall deliver or cause to be delivered to the Holder (i) a release by the Company and each of its subsidiaries in favor of the Holder and its affiliates in the form of Exhibit C hereto (the "Release") and (ii) a legal opinion of counsel for the Company with respect to this Agreement, the Release and the other Payoff Documents and the transactions contemplated hereby and thereby, addressed to the Holder, in the form of Exhibit D hereto.

  • Upon the payment and discharge of any Disputed Amounts, Seller shall provide Purchaser with evidence that such payments have been made and such obligations have been discharged, including by delivering to Purchaser the Payoff Documents in respect of such Disputed Amounts.

  • At the Closing, the Transferor and the Shareholders shall cause the holders of the Institutional Indebtedness to execute and deliver a payoff letter in form and substance reasonably acceptable to the Transferee, UCC-3 termination statements with respect to any security interest filings by or on behalf of such holders and any other customary and reasonable documents and instruments in connection with, or to evidence, the repayment of the Institutional Indebtedness (the "Payoff Documents").

  • The parties agree to execute and deliver such instruments and take such further actions as another party may, from time to time, reasonably request in order to effectuate the purposes and to carry out the terms of this Agreement and the other Payoff Documents.

  • Any notice required or permitted by or in connection with this Agreement or any of the other Payoff Documents, without implying the obligation to provide any such notice, shall be in writing and shall be delivered to the appropriate addresses set forth below or to such other addresses as may be hereafter specified by written notice.


More Definitions of Payoff Documents

Payoff Documents has the meaning set forth in Section 6.12(f).
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Payoff Documents each of the documents identified on Schedule 1.1E.
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Payoff Documents has the meaning specified in Section 4.01(a).
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Payoff Documents means executed payoff letters in customary form and substance reasonably satisfactory to the Buyer Entities and delivered by the applicable lender(s) at least one Business Day prior to the Closing Date which shall (i) indicate the Payoff Amount, (ii) state that upon receipt of the Payoff Amount, such indebtedness and related instruments evidencing such indebtedness shall be terminated (except for provisions therein that, by their terms, survive such termination), (iii) state that all encumbrances, guaranties, security interests, collateral and agreements to subordinate in connection therewith relating to the assets and properties of the Company or any of its Subsidiaries securing such obligation thereunder shall be, upon the payment of the Payoff Amount, released and terminated and (iv) include wire transfer instructions for paying the Payoff Amount, in the case of (i), (ii) and (iii), effective as of the Closing.
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Payoff Documents means those items described in paragraph F in Annex D.
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Payoff Documents means executed payoff letters in customary form and substance reasonably satisfactory to the Buyer Entities and delivered by the applicable lender(s) at least one Business Day prior to the Closing Date which shall (i) indicate the Payoff Amount, (ii) state that upon receipt of the Payoff Amount, such indebtedness and related instruments evidencing such indebtedness shall be terminated (except for provisions therein that, by their terms, survive such termination), (iii) state that all encumbrances, guaranties,
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Related to Payoff Documents

  • Documents includes any and all instruments, documents, agreements, certificates, indentures, notices and other writings, however evidenced.

  • Bid Documents means all the documents issued by the Chief Procurement Officer, or referenced by the Chief Procurement Officer as being available on the City's website and incorporated by such reference, in connection with an invitation for bids or proposals. Except for such Bid Documents as are posted on the City's website and incorporated by reference, all Bid Documents must be submitted by a bidder on the Bid Opening Date.

  • RFP Documents means the following documents to be entered into by the parties to the respective agreements in connection with the supply of power:

  • Mortgage Loan Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.

  • Payoff Letter shall have the meaning set forth in Section 6.13.

  • Related Agreements shall have the meaning specified in the recitals to the Administration Agreement.

  • Existing Loan Documents means the “Loan Documents” as defined in the Existing Credit Agreement.