Indebtedness and Transaction Expenses. At Closing, the Purchaser shall also make the following payments:
Indebtedness and Transaction Expenses. (a) The Parties hereto agree that, upon the Closing, and pursuant to Section 1.4(a)(xi), the Indebtedness set forth on the Company Indebtedness Certificate will be fully repaid by Acquiror on behalf of the Company. In order to facilitate such repayment, the Company shall provide to Acquiror at least five calendar days prior to the Closing (i) the Company Indebtedness Certificate and (ii) the payoff letters for such Indebtedness (together with all related documents and instruments, the “Payoff Documents”), which payoff letters shall be in a form reasonably satisfactory to Acquiror and shall indicate that such lenders have agreed to, if applicable, upon receipt of the amounts indicated in such payoff letters, immediately release all Encumbrances relating to the assets and properties of the Company and return all possessory and original collateral.
Indebtedness and Transaction Expenses. The Sellers shall pay any and all Indebtedness and Transaction Expenses outstanding immediately prior to the Closing that were not deducted from the Initial Closing Purchase Price pursuant to Section 2.2.
Indebtedness and Transaction Expenses. Parent shall have received written approval from the Buyer of the amounts and distribution of the Indebtedness and Transaction Expenses to be paid at Closing, as set forth in Annex B.
Indebtedness and Transaction Expenses. Notwithstanding anything to the contrary herein, the Purchaser Indemnified Parties shall not have any right to indemnification pursuant to Section 8.02(c) to the extent such claim arises following the date that is one (1) year following the Closing Date.
Indebtedness and Transaction Expenses. All Indebtedness and Transaction Expenses of Seller or any of its Affiliates to the extent arising out of or related to the Business, any Transferred Asset or Assumed Liability;
Indebtedness and Transaction Expenses. Any Indebtedness or Transaction Expenses of the Company not paid at or prior to the Closing;
Indebtedness and Transaction Expenses. Three (3) days prior to the Closing, the Company shall provide Parent with (a) a certificate signed by a duly authorized officer of the Company setting forth the amount necessary to repay in full all Indebtedness of the Company as of the Closing Date and a good faith estimate of all unpaid Transaction Fees and Expenses, and (b) a copy of “payoff” letters from the lenders in connection with the Indebtedness reasonably acceptable to Parent confirming that all Encumbrances relating to such Indebtedness will be removed by the lenders effective upon payment to the lenders of the amounts set forth in the payoff letters. At the Closing, Parent will pay, or cause the Surviving Corporation to pay, all unpaid Transaction Fees and Expenses of the Company as set forth in the certificate delivered pursuant to this Section 5.12. At or prior to the Closing, the Company will cause the guarantee of the Company described on Schedule 3.6(b) to be released.
Indebtedness and Transaction Expenses. None of the Target Entities shall have any Indebtedness or any Liabilities for Transaction Expenses as of the Closing except for Indebtedness or any Liabilities for Transaction Expenses included in the final determination of Closing Net Cash.
Indebtedness and Transaction Expenses. At the Closing, Parent will pay, or will cause the Surviving Corporation to pay, all Indebtedness outstanding as of the Closing Date and all unpaid Transaction Fees and Expenses of the Company as of the Closing Date, each as specified by the Company. One (1) day prior to the Closing, the Company shall provide Parent with (a) a copy of the "payoff" letters from the lenders in connection with the Indebtedness, (b) a copy of the letters from such lenders confirming that all Encumbrances relating to such Indebtedness will be removed by the lenders effective upon payment to the lenders of the amounts set forth in the payoff letters and (c) a complete and accurate itemization of any other Indebtedness and a good faith estimate of all unpaid Transaction Fees and Expenses of the Company.
