Common use of Lien and Judgment Searches Clause in Contracts

Lien and Judgment Searches. Buyer will obtain at Seller's expense, (a) the results of a lien search conducted by a professional search company of records in the offices of the secretaries of state in each state and county clerks in each county where there exist tangible Assets, and in the state and county where Seller's principal office are located, including copies of all financing statements or similar notices or filings (and any continuation statements) discovered by such search company and (b) the results of a search of the dockets of the clerk of each federal and state court sitting in the city, county or other applicable political subdivision where the principal office or any material assets of Seller may be located, with respect to judgments, orders, writs or decrees against or affecting Seller or any of the Assets.

Appears in 2 contracts

Samples: Asset Purchase Agreement (General Communication Inc), Asset Purchase Agreement (General Communication Inc)

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Lien and Judgment Searches. Buyer Seller will obtain at Seller's expense, (a) the results of a lien search conducted by a professional search company of records in the offices of the secretaries of state in each state and county clerks in each county where there exist tangible Assets, and in the state and county where Seller's principal office offices are located, including copies of all financing statements or similar notices or filings (and any continuation statements) discovered by such search company and (b) the results of a search of the dockets of the clerk of each federal and state court sitting in the city, county or other applicable political subdivision where the principal office or any material assets of Seller may be located, with respect to judgments, orders, writs or decrees against or affecting Seller or any of the Assets. The cost of such searches will be shared equally between Buyer and Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Northland Cable Television Inc)

Lien and Judgment Searches. Buyer will obtain at SellerCompany's expense, (a) the results of a lien search conducted by a professional search company of records in the offices of the secretaries of state in each state and county clerks in each county where there exist tangible Assets, and in the state and county where SellerCompany's principal office offices are located, including copies of all financing statements or similar notices or filings (and any continuation statements) discovered by such search company and (b) the results of a search of the dockets of the clerk of each federal and state court sitting in the city, county or other applicable political subdivision where the principal office or any material assets of Seller Company may be located, with respect to judgments, orders, writs or decrees against or affecting Seller Company or any of the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (General Communication Inc)

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Lien and Judgment Searches. Buyer will obtain at SellerBuyer's expense, (a) the results of a lien search conducted by a professional search company of records in the offices of the secretaries of state in each state and county clerks in each county where there exist tangible Assets, and in the state and county where Seller's Companies' principal office offices are located, including copies of all financing statements or similar notices or filings (and any continuation statements) discovered by such search company and (b) the results of a search of the dockets of the clerk of each federal and state court sitting in the city, county or other applicable political subdivision where the principal office or any material assets of Seller Companies may be located, with respect to judgments, orders, writs or decrees against or affecting Seller Companies or any of the Assets.

Appears in 1 contract

Samples: Asset Purchase Agreement (General Communication Inc)

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