Termination Statements definition
Examples of Termination Statements in a sentence
Seller shall provide, if necessary, UCC-3 Termination Statements and/or such other instruments, executed by all appropriate third parties, demonstrating that the Assets are free and clear of all Liens, in form and substance acceptable to Buyer.
The Company having delivered UCC-3 Termination Statements for all the secured Debt to be paid off at Closing, or a Payoff Letter from the holder thereof agreeing to deliver the same after receipt of immediately available funds sufficient to pay off in full the secured Debt.
The Lender shall have received duly executed UCC-3 Termination Statements and other instruments, in form and substance satisfactory to the Lender, as shall be necessary to terminate and satisfy all Liens on the Property of the Borrower and its Subsidiaries except Permitted Liens.
If the Buyer notifies the Sellers at least 10 Business Days prior to the Closing Date that it will repay any such indebtedness at Closing, the Sellers shall arrange to have the lenders with respect to such indebtedness deliver pay-off letters and UCC-3 Termination Statements at the closing with respect to such indebtedness.
As an EU member, Sweden adheres to a series of multilateral conventions on industrial, intellectual, and commercial property.Patents: Protection in all areas of technology may be obtained for 20 years.
Title may be held by Auctions America, LLC at its sole discretion until such time as payment in full has been received, including clearing of funds, if applicable and all Termination Statements have been received regarding any lien payoffs.
Upon confirmation of payment in full of the Note, the Collateral Agent shall (a) if any UCC-1 Financing Statements were previously filed, file any UCC-3 Termination Statements releasing the lien and security interest created by the Assignments, and (b) to the extent it then has possession of any of the remaining Pledged Collateral, will deliver such Pledged Collateral and the Assignments to the Pledgor.
Company shall have delivered to Buyer evidence of the proper filing of all duly executed UCC-3 Termination Statements or other releases and/or terminations of security interests (other than Permitted Liens) on all of the Acquired Assets, in each case satisfactory to Buyer.
The ISODC and Nexus4change put on occasional webinars, and the ISODC organizes occasional team interventions listed at: http://www.isodc.org.* * * * The UN DPU-NGO (Department of Public Information – Non-Governmental Organizations), United Nations, DPI/NGO Resource Centre, Room L-1B-31, (212)963-7233, 7234, 7078, Fax: (212)963-2819,dpingo@un.org, www.un.org/dpi/ngosection, publishes a provisional briefings and events calendars, usually taking place at the UN in New York City.
Within seven (7) business days from the date of the Note Satisfaction, the Holder shall execute and file UCC-3 Termination Statements in all jurisdictions in which UCC-1 Financing Statements were filed.