Common use of Lien Removal Clause in Contracts

Lien Removal. Prior to the Closing, the ACME Entities shall take all necessary action to remove any Encumbrances (except Permitted Encumbrances), including those referenced in Schedule 4.15, on the Shares and the assets of the Company.

Appears in 1 contract

Sources: Stock Purchase Agreement (Acme Communications Inc)

Lien Removal. Prior to the Closing, the ACME Entities shall take all necessary action to remove any Encumbrances (except Permitted Encumbrances), including those referenced in Schedule 4.15, on the Shares and the assets of the CompanyPurchased Assets.

Appears in 1 contract

Sources: Asset Purchase Agreement (Acme Communications Inc)