Examples of Pay-Off Letters in a sentence
The Pay-Off Letters shall include the full repayment of all amounts due under clause (i) of the definition of Funded Indebtedness.
CONDITIONS PRECEDENT TO OBLIGATIONS OF LIFEPOINT SUB AND THE JOINT VENTURE 38 7.1. Compliance with Representations and Covenants 39 7.2. Consents 39 7.3. Governmental Approvals 39 7.4. Action/Proceeding 39 7.5. Closing Documents 39 7.6. Material Adverse Changes 39 7.7. Insurance 39 7.8. Title and Survey 40 7.9. Pay-Off Letters; Releases 40 7.10.
Buyer shall repay, or cause to be repaid, on behalf of the Group Companies, all amounts necessary to discharge fully the then-outstanding balance of the Indebtedness to be repaid at the Closing as set forth in the Pay-Off Letters, by wire transfer of immediately available funds to the account(s) designated in such Pay-Off Letters.
At Closing, Buyer shall also pay the Indebtedness Amount included in the calculation of the Estimated Adjustment Amount, in such amounts and to such accounts, and as set forth in the Pay-Off Letters.
At or prior to the Closing, the Company shall have received and delivered to Buyer the Pay-Off Letters.