Common use of Lien Terminations Clause in Contracts

Lien Terminations. DeltaPoint shall deliver to SPSS UCC-3 termination statements or releases executed by a duly authorized representative of each of any creditor which has a lien or encumbrance on any of the Assets, in good form for filing, terminating or releasing all liens and encumbrances on the Assets.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Deltapoint Inc), Asset Purchase Agreement (SPSS Inc)