Removal of Encumbrances. Seller will discharge all monetary mortgages, liens, judgments, or other encumbrances (except any created by Buyer or Tenant and except for the lien of current real estate taxes or assessments not yet due and payable), and Seller will pay all costs, including any prepayment penalties, associated with discharging any such mortgage, lien or other encumbrance.
Appears in 2 contracts
Sources: Purchase Agreement (Pcm, Inc.), Purchase Agreement (Pc Mall Inc)