Assets and Liabilities at Closing. (a) Assets of the Company at Closing. The Assets owned by the Company at the Closing, all of which shall be free and clear of any claims, liabilities, liens, security interests, mortgages, charges, pledges, conditions, or encumbrances of any nature whatsoever (other than liens for current taxes not yet due and payable and liens securing obligations under the Loan Documents), shall include the following:
Appears in 1 contract
Sources: Partnership Interest Purchase Agreement (Paxson Communications Corp)
Assets and Liabilities at Closing. (a) Assets of the Company at Closing. The Assets to be owned by the Company or the Subsidiaries at the Closing, all of which shall be free and clear of any claims, liabilities, liens, security interests, mortgages, charges, pledges, conditions, or encumbrances of any nature whatsoever (other than liens for current taxes Taxes not yet due and payable and liens securing obligations under the Loan Documentspayable), shall include the following:
Appears in 1 contract
Sources: Stock Purchase Agreement (Journal Communications Inc)