Common use of Indebtedness Payment Clause in Contracts

Indebtedness Payment. The Purchaser shall pay, or cause to be paid, on behalf of the Seller and the Acquired Companies, as applicable, the Estimated Indebtedness Amount in accordance with the Closing Statement in respect of the Indebtedness set forth on Section 1.3(h) of the Company Disclosure Schedule.

Indebtedness Payment. The Purchaser shall pay, or cause to be paid, on behalf of the Seller Seller, the Company and the Acquired Companiesits Subsidiaries, as applicable, the Estimated Indebtedness Amount in accordance with the Closing Statement in respect of the all Indebtedness set forth on Section 1.3(h1.3(g) of the Company Disclosure ScheduleSchedule (and have any liens securing such Indebtedness released upon such payment) in accordance with the payoff letter relating to such Indebtedness delivered to the Purchaser prior to the Closing Date.