Common use of Release of Encumbrances Clause in Contracts

Release of Encumbrances. Evidence satisfactory to Buyer's counsel of the payment or release of any and all Liens (other than Liens not required to be released pursuant to the provisions of this Agreement).

Appears in 4 contracts

Sources: Stock Purchase Agreement (Chancellor Media Corp of Los Angeles), Stock Purchase Agreement (Ml Media Partners Lp), Asset Purchase Agreement (Chancellor Media Corp of Los Angeles)

Release of Encumbrances. Evidence satisfactory to Buyer's counsel of the payment or release of any and all Liens (other than Permitted Liens not required to be released pursuant to the provisions of this Agreement).

Appears in 2 contracts

Sources: Asset Purchase Agreement (Chancellor Media Corp of Los Angeles), Stock Purchase Agreement (Chancellor Media Corp of Los Angeles)