Release and Termination of Security Interests Sample Clauses

Release and Termination of Security Interests. Target’s assets shall have been released from all security interests thereon and Target shall have taken all steps necessary to terminate all UCC financing statements which have been filed with respect to such security interests or evidence that such releases shall become effective upon the payment of the amounts set forth in the payoff letters delivered pursuant to Section 7.2(o) other than any leases associated with the capital leases listed on Schedule 7.2(o).
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Release and Termination of Security Interests. The Company shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Acquired Companies’ assets and to terminate all UCC financing statements which have been filed with respect to such security interests.
Release and Termination of Security Interests. Target shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of Target’s, or any Target Subsidiary’s assets and to terminate all UCC financing statements which have been filed with respect to such security interests other than those related to the capital leases on Schedule 7.2(o).
Release and Termination of Security Interests. The Company shall have taken all steps necessary to terminate all UCC financing statements that have been filed with respect to security interests in the Acquired Companies’ assets or evidence that such releases shall become effective upon the payment of the amounts set forth in the payoff letters delivered pursuant to Section 8.2(i).
Release and Termination of Security Interests. The Purchased Assets shall have been released from all security interests thereon, other than the Permitted Exceptions, and Seller shall have taken reasonable steps to terminate all UCC financing statements other than with respect to Permitted Exceptions, and financing statements under applicable personal property security statutes which have been filed with respect to such security interests and evidence thereof in a form reasonably satisfactory to Purchaser has been delivered to Purchaser.
Release and Termination of Security Interests. The Company shall, and the Shareholders shall use commercially reasonable efforts to cause the Company to, use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Company’s assets, if any. 7.9
Release and Termination of Security Interests. The Company’s assets shall have been released from all security interests thereon and the Company shall have provided Purchaser with evidence reasonably satisfactory to Purchaser of such release. (xii)
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Release and Termination of Security Interests. During the Pre-Closing Period, each Seller Group member and the Additional Seller Group Company shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding Encumbrances (other than Permitted Encumbrances) on any of the Acquired Assets as of the JV Closing and to terminate all evidences of such Encumbrances, including UCC financing statements, U.S. Patent and Trademark Office lien filings or similar filings which have been filed with respect to such Encumbrances as of the JV Closing.
Release and Termination of Security Interests. During the Pre-Closing Period, Target shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Purchased Assets as of the Closing and to terminate all UCC financing statements which have been filed with respect to such security interests as of the Closing.
Release and Termination of Security Interests. Except for those set forth on Section 3.20 of the Company Disclosure Schedule, the Company shall use its commercially reasonable efforts to seek and obtain the release of any and all outstanding security interests in any of the Company’s or any Company Subsidiary’s assets.
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