Examples of Permitted Equity Liens in a sentence
All Assets owned by each Acquired Company are free and clear of all Liens, other than Permitted Liens and Permitted Equity Liens.
Funds held as refundable performance bonuses are non-interest bearing.
Upon the terms set forth in this Agreement, SellerCo hereby sells, assigns, transfers, conveys and delivers all of the Membership Interests free and clear of all Liens (other than Permitted Equity Liens) to Purchaser, and Purchaser hereby purchases and accepts all of the Membership Interests from SellerCo in exchange for the consideration set forth in Section 2.3, which shall be delivered in accordance with this Agreement.
All of the Membership Interests have been duly authorized, validly issued and fully paid and SellerCo has good and valid title to the Membership Interests free and clear of all Liens (other than Permitted Equity Liens).
Immediately upon the consummation of the transactions contemplated by this Agreement, Purchaser will own the Membership Interests free and clear of all Liens (other than Permitted Equity Liens).