Creditor Consents Sample Clauses

Creditor Consents. The creditors set forth on SCHEDULE 7.10 hereto shall have agreed in writing with Seller as to the amounts owed in order for such creditors to have been paid in full and to release all Liens in favor of such creditors. Seller shall have obtained from the creditors set forth on SCHEDULE 7.10 and shall provide to the Purchaser at Closing, such UCC termination statements, releases of mortgages and other releases of Liens as shall be required by the Purchaser and its lenders.
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Creditor Consents. The secured creditors of the Corporation shall have agreed in writing with the Corporation as to the amounts owed in order for such creditors to have been paid in full and, in the event those amounts are paid in full at or before the Closing Date, to release all Liens in favor of such creditors. The Corporation and its counsel shall have caused the secured creditors to provide at Closing such UCC termination statements, releases of mortgages and other releases of Liens as shall be required by the Purchaser and its lenders to remove any outstanding Liens.
Creditor Consents. The creditors set forth on Schedule 5.8 hereto ----------------- ------------ shall have agreed in writing with the Corporation as to the amounts owed in order for such creditors to have been paid in full and to release all Liens in favor of such creditors. The creditors set forth on Schedule 5.8 shall provide ------------ at Closing such UCC termination statements, releases of mortgages and other releases of Liens as shall be required by the Purchaser and its lenders.
Creditor Consents. The secured creditors of the Sellers shall provide at Closing such UCC termination statements, releases of mortgages and other releases of Liens as shall be required by the Purchaser and its lenders to release all Liens on the Acquired Assets in favor of such creditors on the Closing Date.
Creditor Consents. The secured creditors of the Corporations shall have agreed in writing with the Corporations as to the amounts owed in order for such creditors to have been paid in full and to release all Liens in favor of such creditors on the Closing Date. Xx. Xxxxx shall have delivered one or more pay off letters confirming the amount of dividends, distributions or other Indebtedness owed him as well as the amounts of Syscon U.S.’ and Syscon Australia’s Indebtedness to Syscon Canada. The Corporations and their counsel shall cause such creditors to provide at Closing such discharge statements, releases of mortgages and other releases of Liens as shall be required by the Purchaser and its lenders to release all Liens in favor of such creditors on the Closing Date.
Creditor Consents. Barnxxx Xxxk of Central Florida, N.A. ("Barnxxx Xxxk") shall have agreed in writing with DAP as to the amounts owed in order for such creditors to have been paid in full and to release all Liens in favor of such creditors. DAP shall have obtained from Barnxxx Xxxk, and shall provide at Closing to the Purchaser, such UCC termination statements, releases of mortgages and other releases of Liens as shall be required by the Purchaser and its lenders.
Creditor Consents. With respect to any Long-Term Indebtedness of the Company to remain outstanding immediately after the Closing Date pursuant to Section 7.28, Parent, if required by the underlying debt instrument, shall have received the consent of the appropriate creditors, which consent shall not have been revoked as of the Closing Date.
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Creditor Consents. The creditors set forth in SCHEDULE 5.4 hereto shall have agreed in writing with the Purchasers as to the amounts owed in order for such creditors to have been paid in full and to release all Liens in favor of such creditors.
Creditor Consents. The creditors set forth on Schedule 7.12 hereto shall have agreed in writing with Richfield as to the amounts owed in order for such creditors to have been paid in full and to release all Liens in favor of such creditors. Richfield shall have obtained from the creditors set forth on Schedule 7.12 and shall provide to the Purchaser at Closing, such UCC termination statements, releases of mortgages and other releases of Liens as shall be required by the Purchaser and its lenders.
Creditor Consents. Concurrently with the execution and delivery of this Agreement, Supplier will obtain and deliver to GM the acknowledgement and consent of WB QT, LLC (“Lender”) and any other secured creditor that holds a security interest in the real or personal property of Supplier to the Tooling Acknowledgment, the Option, the Equipment License, the License and the Access Agreement, in each case, in form and content acceptable to GM in its sole discretion, which remains in full force and effect.
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