Lien Terminations. Seller shall have delivered to a Person acting as an escrow agent for Closing UCC termination statements or other releases or reconveyances for all Encumbrances associated with the long-term indebtedness and capital lease obligations described in Schedule 2.5(a)(i) (other than those securing the Discretionary Assumed Debt), which termination statements and releases will be effective as of Closing.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Vanguard Health Systems Inc)