Common use of Assumed Indebtedness Clause in Contracts

Assumed Indebtedness. The Sellers and their respective Affiliates shall have been released and discharged from any and all obligations under the Assumed Indebtedness, and Sellers shall have received such payoff letters, releases or other further assurances thereof from third parties as the Sellers may reasonably request.

Appears in 3 contracts

Samples: Casablanca Option Agreement (Capitalsource Inc), Casablanca Option Agreement (Omega Healthcare Investors Inc), Casablanca Option Agreement (Omega Healthcare Investors Inc)

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Assumed Indebtedness. The Sellers and their respective Affiliates shall have been released and discharged from any and all obligations under the Assumed Indebtedness, and Sellers shall have received such payoff letters, releases or other further assurances thereof from third parties as the Sellers may reasonably request.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Capitalsource Inc), Securities Purchase Agreement (Omega Healthcare Investors Inc)

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