Common use of Removal of Encumbrances Clause in Contracts

Removal of Encumbrances. All Encumbrances of any kind and nature shall have been removed from the Granite Broadcasting Assets, other than Permitted Encumbrances. For purposes of this Section 7.1.17, the definition of Permitted Encumbrances shall not include clause (v) thereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Granite Broadcasting Corp)

Removal of Encumbrances. All Encumbrances of any kind and nature shall have been removed from the Granite Broadcasting Assets, other than Permitted Encumbrances. For purposes of this Section 7.1.177.1.15, the definition of Permitted Encumbrances shall not include clause (v) thereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Granite Broadcasting Corp)