Intercompany Debt. Intelligroup and SeraNova agree that, as a result of the transactions contemplated hereby, SeraNova shall be indebted to Intelligroup as set forth on EXHIBIT H. Such debt shall be evidenced by the Promissory Note.
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Samples: Contribution Agreement (Seranova Inc), Contribution Agreement (Seranova Inc), Contribution Agreement (Seranova Inc)
Intercompany Debt. Intelligroup and SeraNova agree that, as a ----------------- result of the transactions contemplated hereby, SeraNova shall be indebted to Intelligroup as set forth on EXHIBIT H. Such debt shall be evidenced by the --------- Promissory Note.
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