Common use of Lien Release Clause in Contracts

Lien Release. The Company shall provide a UCC-3 Termination Statement or other evidence reasonably satisfactory to Parent that the liens on the Company’s assets in favor of The Royal Bank of Canada have been released.

Appears in 3 contracts

Sources: Merger Agreement (Hostopia.com Inc.), Merger Agreement (Deluxe Corp), Merger Agreement (Hostopia.com Inc.)