Payoff Documents definition

Payoff Documents has the meaning given to it in Section 2.7.
Payoff Documents means customary payoff letters, termination statements, releases, amendments, extensions, and other evidences of termination reasonably requested by, and in form and substance reasonably satisfactory to the Lenders and specifying the amount necessary to repay such Indebtedness as is being repaid in accordance with the Debt Financing.
Payoff Documents has the meaning set forth in the Loan Summary.

Examples of Payoff Documents in a sentence

  • At the Closing, Parent shall pay or cause to be paid the Credit Facility Payoff Amount, in full, to the Persons entitled thereto as specified in the Debt Payoff Documents.

  • The implementation of Datatel has provided the college with the data warehouse it can use to support planning efforts.

  • The parties agree to execute and deliver such instruments and take such further actions as another party may, from time to time, reasonably request in order to effectuate the purposes and to carry out the terms of this Agreement and the other Payoff Documents.

  • Any notice required or permitted by or in connection with this Agreement or any of the other Payoff Documents, without implying the obligation to provide any such notice, shall be in writing and shall be delivered to the appropriate addresses set forth below or to such other addresses as may be hereafter specified by written notice.

  • There is no convenient fuel transportation arrangement so far developed.

  • Seller shall have obtained the Tax Payoff Documents in form and substance acceptable to Buyer.

  • At the Closing, the Transferor and the Shareholders shall cause the holders of the Institutional Indebtedness to execute and deliver a payoff letter in form and substance reasonably acceptable to the Transferee, UCC-3 termination statements with respect to any security interest filings by or on behalf of such holders and any other customary and reasonable documents and instruments in connection with, or to evidence, the repayment of the Institutional Indebtedness (the "Payoff Documents").

  • Concurrently with the execution of this Agreement, the Company shall deliver or cause to be delivered to the Holder (i) a release by the Company and each of its subsidiaries in favor of the Holder and its affiliates in the form of Exhibit C hereto (the "Release") and (ii) a legal opinion of counsel for the Company with respect to this Agreement, the Release and the other Payoff Documents and the transactions contemplated hereby and thereby, addressed to the Holder, in the form of Exhibit D hereto.

  • In connection with this opinion, we have examined, among other documents, copies of the Payoff Agreement and the Release dated as of the date hereof by each of the Company and of the Subsidiary in favor of Nomura (the "Release"; the Payoff Agreement and the Release are referred to herein collectively as the "Payoff Documents").

  • Without limiting the foregoing, no later than the three Business Days prior to the Closing Date, the Company shall deliver drafts of the applicable Payoff Documents to the Buyer Entities; provided that this ‎Section 5.11 shall not require the Company or any of its Subsidiaries to cause such repayment, release and termination unless the Closing shall occur substantially concurrently.


More Definitions of Payoff Documents

Payoff Documents has the meaning set forth in Section 6.15.
Payoff Documents each of the documents identified on Schedule 1.1E.
Payoff Documents means those items described in paragraph F in Annex D.
Payoff Documents means executed payoff letters in customary form and substance reasonably satisfactory to the Buyer Entities and delivered by the applicable lender(s) at least one Business Day prior to the Closing Date which shall (i) indicate the Payoff Amount, (ii) state that upon receipt of the Payoff Amount, such indebtedness and related instruments evidencing such indebtedness shall be terminated (except for provisions therein that, by their terms, survive such termination), (iii) state that all encumbrances, guaranties, security interests, collateral and agreements to subordinate in connection therewith relating to the assets and properties of the Company or any of its Subsidiaries securing such obligation thereunder shall be, upon the payment of the Payoff Amount, released and terminated and (iv) include wire transfer instructions for paying the Payoff Amount, in the case of (i), (ii) and (iii), effective as of the Closing.
Payoff Documents has the meaning specified in Section 4.01(a).

Related to Payoff Documents

  • Spin-Off Documents means the Separation and Distribution Agreement, the Indemnity Agreement, the Transition Services Agreement, the Tax Matters Agreement, the Employee Matters Agreement, the Intellectual Property Agreement and the Trademark License Agreement and the documents evidencing Indebtedness in respect of the Distribution Date Payment and the Post-Distribution Debt Payment, together with any other agreements, instruments or other documents entered into in connection with any of the foregoing, each as amended from time to time.

  • Documents includes any and all instruments, documents, agreements, certificates, indentures, notices and other writings, however evidenced.

  • Schedule of Documents means the schedule, including all appendices, exhibits or schedules thereto, listing certain documents and information to be delivered in connection with the Sale Agreement, the Funding Agreement and the other Related Documents and the transactions contemplated thereunder, substantially in the form attached as Annex Y to the Funding Agreement and the Sale Agreement.

  • Mortgage Documents With respect to each Mortgage Loan, the mortgage documents required to be delivered to the Custodian pursuant to each Custodial Agreement.

  • Payoff Letters has the meaning set forth in Section 6.6.

  • Assigned Documents has the meaning assigned to that term in Section 2.12.

  • Bid Documents means all the documents issued by the Chief Procurement Officer, or referenced by the Chief Procurement Officer as being available on the City's website and incorporated by such reference, in connection with an invitation for bids or proposals. Except for such Bid Documents as are posted on the City's website and incorporated by reference, all Bid Documents must be submitted by a bidder on the Bid Opening Date.

  • RFP Documents means the following documents to be entered into by the parties to the respective agreements in connection with the supply of power:

  • Purchased Asset Documents means, with respect to a Purchased Asset, the documents comprising the Purchased Asset File for such Purchased Asset.

  • Mortgage Loan Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.

  • Cooperative Loan Documents As to any Cooperative Loan, (i) the Cooperative Shares, together with a stock power in blank; (ii) the original executed Security Agreement and the assignment of the Security Agreement endorsed in blank; (iii) the original executed Proprietary Lease and the assignment of the Proprietary Lease endorsed in blank; (iv) the original executed Recognition Agreement and the assignment of the Recognition Agreement (or a blanket assignment of all Recognition Agreements) endorsed in blank; (v) the executed UCC-1 financing statement with evidence of recording thereon, which has been filed in all places required to perfect the security interest in the Cooperative Shares and the Proprietary Lease; and (vi) executed UCC-3 financing statements (or copies thereof) or other appropriate UCC financing statements required by state law, evidencing a complete and unbroken line from the mortgagee to the Trustee with evidence of recording thereon (or in a form suitable for recordation).

  • Transfer Documents shall have the meaning set forth in Section 2.1(b).

  • Control Documents means the following Contracts to be entered into prior to or on the Closing: (i) the Exclusive Business Cooperation Agreement (独家业务合作协议) entered into by and between Ecommerce Company and the Domestic Company, (ii) the Exclusive Option Agreement (独家购买权协议) entered into by and among Ecommerce Company, the Domestic Company and all of the shareholders of the Domestic Company, (iii) the Proxy Agreement (委托协议) and Power of Attorney (授权委托书) entered into by and the among Ecommerce Company, the Domestic Company and the shareholders of the Domestic Company, (iv) the Equity Pledge Agreement (股权质押协议) entered into by and among Ecommerce Company, the Domestic Company and the shareholders of the Domestic Company and (v) the Spousal Consent (配偶同意函) to be signed by the spouse of each shareholder of the Domestic Company, each as amended from time to time.

  • Payoff Letter shall have the meaning set forth in Section 6.13.

  • Other Documents means the Notes, the Perfection Certificates, the Guaranty, the Security Documents, the Environmental Indemnity Agreements, any Lender-Provided Hedge, any and all other agreements, instruments, certificates, statements and documents, including any acknowledgment and waivers, intercreditor agreements, guaranties, pledges, powers of attorney, consents, interest or currency swap agreements or other similar agreements and all other writings heretofore, now or hereafter executed or provided by any Credit Party and/or delivered to Agent or any Lender in respect of the transactions contemplated by this Agreement.

  • L/C Documents means, with respect to any Letter of Credit, such Letter of Credit, any amendments thereto, any documents delivered in connection therewith, any application therefor, and any agreements, instruments, guarantees or other documents (whether general in application or applicable only to such Letter of Credit) governing or providing for (i) the rights and obligations of the parties concerned or at risk or (ii) any collateral security for such obligations.

  • Subordinated Documents means the Subordinated Note and any and all other documents, agreements, writings or instruments executed in connection therewith or pursuant thereto, in each case, as in effect on the date hereof and as amended, modified, restated or Refinanced in accordance with the terms hereof.

  • Noteholder Documents means (a) the Second Priority Senior Secured Notes Indenture, the Notes, the Noteholder Collateral Documents and (b) any other related document or instrument executed and delivered pursuant to any Noteholder Document described in clause (a) above evidencing or governing any Obligations thereunder.

  • Privileged Documents means any documents that are Attorney-Client Privilege Documents and/or Work Product Privilege Documents.

  • Borrower Documents means, collectively, this Agreement, each Note and each Security Agreement, and each other instrument, agreement or document executed by the Borrower in connection with this Agreement or otherwise and each other instrument, agreement or document between the Borrower and the Lender in respect of any Obligations, as the same may be amended, modified or extended from time to time.

  • Seller Documents shall have the meaning set forth in Section 4.2.

  • Related Agreements shall have the meaning specified in the recitals to the Administration Agreement.

  • Subordinated Loan Documents means at any time the agreements and other documents then governing the Subordinated Indebtedness.

  • Custodial Agreements The Custodial Agreements, listed in Exhibit F hereof, as each such agreement may be amended or supplemented from time to time as permitted hereunder.

  • Receivables Documents means all documentation relating to any receivables financing program providing for the sale of some or all Receivables Facility Assets by Company and its Subsidiaries (whether or not to a Receivables Subsidiary) in transactions purporting to be sales and shall include the documents evidencing any Permitted Accounts Receivable Securitization and any Receivables Factoring Facility.

  • Existing Loan Documents means the “Loan Documents” as defined in the Existing Credit Agreement.