Common use of Payoff Documentation Clause in Contracts

Payoff Documentation. Agent shall have received true and correct copies of the pay-off letters and other evidence (together with accompanying termination statements and lien releases) confirming the termination of all obligations and release of all Liens under each of the third party Debt for borrowed money described to be paid off on the Closing Date pursuant to the Confirmation Order;

Appears in 2 contracts

Sources: Credit and Security Agreement (XBP Global Holdings, Inc.), Credit and Security Agreement (XBP Global Holdings, Inc.)