Common use of Payoff Letters and Lien Releases Clause in Contracts

Payoff Letters and Lien Releases. From the date hereof until the earlier of the termination of this Agreement and the Closing Date, the Company shall use reasonable best efforts to deliver to the Parent customary payoff letters, in form and substance reasonably satisfactory to the Parent, in connection with the repayment of the Indebtedness for borrowed money in accordance with Section 2.02(f) and to make arrangements for the holders of such Indebtedness to deliver, subject to the receipt of the applicable payoff amounts, customary Lien releases to the Parent.

Payoff Letters and Lien Releases. From the date hereof until the earlier of the termination of this Agreement and the Closing Date, the Company shall use commercially reasonable best efforts to deliver to the Parent customary payoff letters, in form and substance reasonably satisfactory to the Parent, letters in connection with the repayment of the Indebtedness for borrowed money outstanding under the Credit Agreement in accordance with Section 2.02(f) and to make arrangements for the holders of such Indebtedness to deliver, subject to the receipt of the applicable payoff amounts, customary Lien releases to the ParentParent as soon as practicable after the Closing.

Payoff Letters and Lien Releases. From the date hereof until the earlier of the termination of this Agreement and Prior to the Closing Date, the Company shall use reasonable best efforts to deliver to the Parent customary payoff letters, in form and substance reasonably satisfactory to the Parent, in connection with the repayment of the Company Indebtedness for borrowed money outstanding under the Credit Facilities in accordance with Section 2.02(f3.2(f) and any other indebtedness to be repaid at Closing (the “Payoff Letters”) and to make arrangements for the holders of such Indebtedness indebtedness to deliver, subject to the receipt of the applicable payoff amounts, customary Lien releases to the ParentParent upon Closing.

Payoff Letters and Lien Releases. From the date hereof until the earlier of the termination of this Agreement and the Closing Date, the Company shall use commercially reasonable best efforts to deliver to the Parent customary payoff letters, in form and substance reasonably satisfactory to the Parent, letters in connection with the repayment of the Indebtedness for borrowed money outstanding under the Credit Agreement in accordance with Section 2.02(f2.03(f) and to make arrangements for the holders of such Indebtedness to deliver, subject to the receipt of the applicable payoff amounts, customary Lien releases to the ParentParent as soon as practicable after the Closing.