Common use of Indebtedness To and From Officers Clause in Contracts

Indebtedness To and From Officers. Directors, Shareholders, And --------------------------------------------------------------- Employees. Attached hereto as Schedule 3.25 is a list and brief description of --------- ------------- the payment terms of all indebtedness of the Company to officers, directors, shareholders, and employees of the Company and all indebtedness of officers, directors, shareholders, and employees of the Company to the Company, excluding indebtedness for travel advances or similar advances for expenses incurred on behalf of and in the ordinary course of the Business, consistent with past practices.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Global Imaging Systems Inc), Stock Purchase Agreement (Global Imaging Systems Inc)

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Indebtedness To and From Officers. Directors, Shareholders, And and --------------------------------------------------------------- Employees. Attached hereto as Schedule 3.25 is a list and brief description of --------- ------------- the payment terms of all indebtedness of the Company to officers, directors, shareholders, and employees of the Company and all indebtedness of officers, directors, shareholders, and employees of the Company to the Company, excluding indebtedness for travel advances or similar advances for expenses incurred on behalf of and in the ordinary course of the Business, consistent with past practices.

Appears in 1 contract

Samples: Merger Agreement (Global Imaging Systems Inc)

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Indebtedness To and From Officers. Directors, Shareholders, And and --------------------------------------------------------------- Employees. Attached hereto as Schedule 3.25 is a list and brief description of --------- ------------- the payment terms of all indebtedness of the --------- Company to officers, directors, shareholders, and employees of the Company and all indebtedness of officers, directors, shareholders, and employees of the Company to the Company, excluding indebtedness for travel advances or similar advances for travel, entertainment and other customary and expenses incurred on behalf of and in the ordinary course of the Business, Business consistent with past practices.

Appears in 1 contract

Samples: Stock Purchase Agreement (Global Imaging Systems Inc)

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