Common use of Agreement of Payment Clause in Contracts

Agreement of Payment. In addition to the warranties and representations contained in this Agreement, if for any reason any creditor or third party who is owed a debt by Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Personal Property arising from the ownership or operation of the Business by Seller prior to the Closing, holds or obtains a lien on the Personal Property, then the following shall apply:

Agreement of Payment. In addition to the warranties and representations contained in this Agreement, if for any reason any creditor or third party who is owed a debt by Personal Property Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Personal Property arising from the ownership or operation of the Business by Personal Property Seller prior to before the Closing, holds or obtains a lien on the Personal Property, then the following shall apply:

Agreement of Payment. In addition to the warranties and representations contained in this Agreement, if for any reason any creditor or third party who is owed a debt by Seller on or before the Closing, or who otherwise possesses any type of right or interest in the Personal Property Purchased Assets arising from the ownership or operation of the Business Business, including the Purchased Assets, by Seller prior to before the Closing, holds or obtains a lien on the Personal PropertyPurchased Assets, then the following shall apply: