Common use of Leased Equipment Clause in Contracts

Leased Equipment. Except as set forth on SCHEDULE 7.4, Seller will pay the remaining balances on any leases for Equipment used in the Business and deliver title to such Equipment free and clear of all Encumbrances (other than Permitted Encumbrances) to Buyer at the Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Classic Communications Inc), Asset Purchase Agreement (Friendship Cable of Arkansas Inc)

AutoNDA by SimpleDocs

Leased Equipment. Except as set forth specified on SCHEDULE 7.47.3, Seller will pay the remaining balances on any leases for Equipment used in the Business and deliver title to such Equipment free and clear of all Encumbrances (other than Permitted Encumbrances) to Buyer at the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rocky Mountain Internet Inc)

AutoNDA by SimpleDocs

Leased Equipment. Except as set forth on SCHEDULE Schedule 7.4, Seller will pay the remaining balances on any leases for Equipment used in the Business and deliver title to such Equipment free and clear of all Encumbrances (other than Permitted Encumbrances) to Buyer at the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Classic Communications Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!