Common use of Payoff Letters Clause in Contracts

Payoff Letters. A pay-off letter from the holder of any mortgage or deed of trust presently encumbering the Real Property indicating all sums required to satisfy the debt secured by and permit the discharge of record the lien of such mortgage or deed of trust;

Appears in 7 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Starwood Hotel & Resorts Worldwide Inc), Purchase and Sale Agreement (Aspen Enterprises International Holdings LTD), Purchase and Sale Agreement (Starwood Hotel & Resorts Worldwide Inc)

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Payoff Letters. A pay-off letter from the holder of any mortgage or deed of trust presently encumbering the Real Property indicating all sums required to satisfy the debt secured by and permit the discharge of record the lien of such mortgage or deed of trust;required

Appears in 1 contract

Samples: Purchase and Sale Agreement (Aspen Enterprises International Holdings LTD)

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