Termination Statements definition

Termination Statements means UCC financing statement amendments prepared for filing under the Uniform Commercial Code of each jurisdiction as may be necessary to terminate the security interests and liens in favor of Seller created pursuant to and in accordance with the Master Lease.

Termination Statements has the meaning set forth in Section 2.10(p) of the Indenture.

Termination Statements has the meaning set forth in Section 5.17.

Examples of Termination Statements in a sentence

Seller shall provide, if necessary, UCC-3 Termination Statements and/or such other instruments, executed by all appropriate third parties, demonstrating that the Assets are free and clear of all Liens, in form and substance acceptable to Buyer.
The Company having delivered UCC-3 Termination Statements for all the secured Debt to be paid off at Closing, or a Payoff Letter from the holder thereof agreeing to deliver the same after receipt of immediately available funds sufficient to pay off in full the secured Debt.
If the Buyer notifies the Sellers at least 10 Business Days prior to the Closing Date that it will repay any such indebtedness at Closing, the Sellers shall arrange to have the lenders with respect to such indebtedness deliver pay-off letters and UCC-3 Termination Statements at the closing with respect to such indebtedness.
The Lender shall have received duly executed UCC-3 Termination Statements and other instruments, in form and substance satisfactory to the Lender, as shall be necessary to terminate and satisfy all Liens on the Property of the Borrower and its Subsidiaries except Permitted Liens.
Thereupon, the Secured Party shall execute and deliver UCC-3 Termination Statements in recordable form and such other documents and instruments as reasonably may be required by Debtor to terminate and release the Liens in the Collateral granted hereby.
Upon confirmation of payment in full of the Note, the Collateral Agent shall (a) if any UCC-1 Financing Statements were previously filed, file any UCC-3 Termination Statements releasing the lien and security interest created by the Assignments, and (b) to the extent it then has possession of any of the remaining Pledged Collateral, will deliver such Pledged Collateral and the Assignments to the Pledgor.
Title may be held by Auctions America, LLC at its sole discretion until such time as payment in full has been received, including clearing of funds, if applicable and all Termination Statements have been received regarding any lien payoffs.
Upon confirmation of payment in full of the Note, if any UCC-1 Financing Statements were previously filed, the Collateral Agent shall file any UCC-3 Termination Statements releasing the lien and security interest created by the Assignments.
An ICANREACH_cs received after the transition to CIRCUIT_ESTABLISHED state indicates that more than one CANUREACH_cs was sent at circuit establishment time and the target station was found by more than one Data Link Switch partner.
Within seven (7) business days from the date of the Note Satisfaction, the Holder shall execute and file UCC-3 Termination Statements in all jurisdictions in which UCC-1 Financing Statements were filed.

More Definitions of Termination Statements

Termination Statements has the meaning given such term in Section 7.2(j).

Termination Statements is defined in Section 4.2(h).

Termination Statements is defined in Section 12.3.

Termination Statements shall have the meaning given to that term in Section 2.01(e). "Transaction Documents" shall mean this Agreement, the Lease Amendment, the Jet Fuel Agreement, the Debt Discharge and Release, the Release of Liens, the Termination Statements, the Leasehold Mortgage Termination, the Assignment Termination, the Equity Transfer Documents, the Receipt and Release and the New Leasehold Mortgage Agreement. "Warrants" shall have the meaning given to that term in Recital C. ARTICLE II Obligations of Xxxxxx North America

Related to Termination Statements

Termination statement means an amendment of a financing statement which:
Continuation statement means an amendment of a financing statement which:
Consent Solicitation Statement means the consent solicitation statement included as part of the Registration Statement with respect to the solicitation by the Company of the Company Stockholder Approval.
Allocation Statement has the meaning set forth in Section 2.5.
Distribution Statement has the meaning set forth in Section 5.02(c) of the Trust Agreement.

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