Common use of Third Party Creditors Clause in Contracts

Third Party Creditors. All third party creditors of the Business will be paid in full and have released all liens or claims against the Assets, or Seller shall provide to Buyer documentation from all third party creditors indicating that the third party creditors have released their liens against the Assets and consented to Seller's conveyance of the Assets to Buyer free and clear of all liens or other Encumbrances.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Packaged Ice Inc), Asset Purchase Agreement (Packaged Ice Inc)

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Third Party Creditors. All third third-party creditors of the Business will be paid in full and have released all liens or claims against the Assets, or Seller shall provide to Buyer documentation from all third third-party creditors indicating that the third third-party creditors have released their liens against the Assets and consented to Seller's conveyance of the Assets to Buyer free and clear of all liens or other Encumbrances.;

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

Third Party Creditors. All third party creditors of the Business will be paid in full and have released all liens or claims against the Assets (excluding the Excluded Assets), or Seller shall provide to Buyer documentation from all third party creditors indicating that the third party creditors have released their liens against the Assets and consented to Seller's conveyance of the Assets to Buyer free and clear of all liens or other Encumbrances.;

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

Third Party Creditors. All third third-party creditors of the Business will be paid in full and will have released all liens or claims against the Assets, or Seller shall provide to Buyer documentation from all third party creditors indicating that the third party creditors have released their liens against the Assets and consented to Seller's conveyance of the Assets to Buyer free and clear of all liens or other Encumbrances.

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

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Third Party Creditors. All third third-party creditors of the Business will be paid in full and have released all liens or claims against the Assets, other than the Assumed Liabilities, or Seller Sellers shall provide to Buyer documentation from all third party creditors indicating that the third party creditors have released their liens against the Assets and consented to Seller's conveyance of the Assets to Buyer free and clear of all liens or other Encumbrances.and

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

Third Party Creditors. All third party creditors of the Business and the Assets will be paid in full and have released all liens or claims against the Assets, or Seller Sellers shall provide to Buyer documentation from all third party creditors indicating that the third party creditors have released their liens against the Assets and consented to Seller's Sellers' conveyance of the Assets to Buyer free and clear of all liens or other Encumbrances.;

Appears in 1 contract

Samples: Asset Purchase Agreement (Packaged Ice Inc)

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