PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 9 contracts
Samples: Stock Purchase Agreement, Stock Purchase Agreement, Stock Purchase Agreement
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either any Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 7 contracts
Samples: Stock Purchase Agreement (NF Energy Saving Corp), Share Purchase Agreement (Key Technology Inc), Escrow Agreement (Craftmade International Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person related person of either Seller to be paid in full prior to Closing.
Appears in 6 contracts
Samples: Agreement and Plan Of (Transit Group Inc), Stock Purchase Agreement (Venturi Technologies Inc), Stock Purchase Agreement (Venturi Technologies Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller Sellers or any Related Person of either Seller Sellers to be paid in full prior to Closing.
Appears in 5 contracts
Samples: Stock Purchase Agreement (BOQI International Medical, Inc.), Stock Purchase Agreement (BOQI International Medical, Inc.), 19 Stock Purchase Agreement (Master Graphics Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either any Seller or any Related Person related person of either any Seller to be paid in full prior to Closing.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Transit Group Inc), Agreement and Plan of Reorganization (Transit Group Inc), Agreement (Transit Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an any Acquired Company by either Seller Sellers or any Related Person of either Seller of the Sellers, or any of their Affiliates, to be paid in full prior to or at Closing.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Group 1 Automotive Inc), Stock Purchase Agreement (Group 1 Automotive Inc), Stock Purchase Agreement (Group 1 Automotive Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an the Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 3 contracts
Samples: 1 Stock Purchase Agreement (Exco Resources Inc), Stock Purchase Agreement (Infocure Corp), Stock Purchase Agreement (Origin Investment Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or of any Related Person of either Seller to any Acquired Company to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Morton Industrial Group Inc), Stock Purchase Agreement (Morton Industrial Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an the Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Share Exchange Agreement (Origin Investment Group Inc), Share Purchase Agreement (Global Gold Corp)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller Sellers or any Related Person of either Seller Sellers to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (NHP Inc), Stock Purchase Agreement (WMF Group LTD)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either any Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Hemacare Corp /Ca/), Agreement and Plan of Merger (Intermagnetics General Corp)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Equity Purchase Agreement (Zumiez Inc), Stock Purchase Agreement (Scan Optics Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness indebtedness, if any, owed to an Acquired the Company by either Seller any of Sellers or any Related Person of either Seller any of Sellers to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Foster L B Co), Stock Purchase Agreement (Foster L B Co)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers and the Company will cause all indebtedness owed to an Acquired Company by either any Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Home Products International Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person related person of either Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Transit Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an any Acquired Company by either Seller Sellers or any Related related Person of either Seller Sellers to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (American Physicians Capital Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers shall pay and the Company will cause all indebtedness owed to an Acquired Company it by either any Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness indebtedness, if any, owed to an Acquired Company by either Seller or any Related Person of either Seller (other than Xx. Xxxxx Xxxxxxxx) to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Phoenix International Industries Inc /Fl/)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, the Principal Sellers will cause all indebtedness owed to an Acquired the Company by either any Seller or any Related Person related person of either any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (General Parcel Service Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person of (including, without limitation, the Indebtedness Owed by LOS Inc.) in any way related to or affiliated with either Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement and Recapitalization Agreement (Suiza Foods Corp)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either any Seller or any Related Person of either any Seller (other than an Acquired Company) to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person of either Seller (other than the Company or any individuals who are employees of the Company) to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person affiliate of either Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or of any Related Person of either Seller to the Company to be paid in full at or prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Morton Industrial Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person of either the Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this AgreementAgreement , Sellers Seller will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: LLC Ownership Interest Purchase Agreement (Vystar Corp)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Merger Agreement (Compscripts Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will each Seller agrees to cause all indebtedness owed to an Acquired Company by either such Seller or any Related Person of either such Seller to be paid in full prior to ClosingClosing (other than indebtedness for travel advances and other expenses incurred by employees in the Ordinary Course of Business).
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase and Shareholders' Agreement (Sibling Entertainment Group, Inc.)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to ClosingClosing except as are set forth in the Disclosure Letter (which Disclosure Letter must be delivered prior to the Closing Date, and which will also set forth the terms for payment to the Related Person).
Appears in 1 contract
Samples: Amended and Restated Stock Purchase Agreement (Genesis Solar Corp)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this AgreementAgreement or as described in Part 5.6 of the Disclosure Letter, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller any of the Sellers or any Related Person of either a Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person related person of either Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Venturi Technologies Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to ClosingClosing except as are set forth in the Disclosure Letter (which Disclosure Letter will also set forth the terms for payment to the Related Person).
Appears in 1 contract
Samples: Stock Purchase Agreement (Cogenco International Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed by the Company to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closingon or before the Closing Date.
Appears in 1 contract
Samples: Share Purchase Agreement (Willis Lease Finance Corp)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly ------------------------------------------ provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will shall cause all indebtedness owed to an Acquired Company by either any Seller or any Related Person of either any Seller to be paid in full at or prior to Closing.
Appears in 1 contract
Samples: Equity Interest Purchase Agreement (Coleman Cable, Inc.)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an Acquired Company by either any Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Exchange Agreement (American Resources & Development Co)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired the Company by either Seller Sellers or any Related Person of either Seller Sellers to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Option Agreement, Sellers Seller will cause all indebtedness owed to an the Acquired Company by either Seller or any Related Person of either Seller to be paid in full prior to ClosingClosing except as are set forth in the Disclosure Letter (which Disclosure Letter will also set forth the terms for payment to the Related Person).
Appears in 1 contract
Samples: Stock Purchase Option Agreement (Cogenco International Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either Seller or any Related Person of either any Seller to be paid in full prior to contemporaneous with Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, The Sellers will cause all indebtedness owed to an Acquired the Company by either Seller of the Sellers or any Related Person of either Seller of the Sellers to be paid in full prior to the Closing.
Appears in 1 contract
Samples: Stock and Real Estate Purchase Agreement (American Locker Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an any Acquired Company by either Seller Sellers or any Related Person of either Seller Sellers to be paid in full prior to Closingbefore the Closing Date.
Appears in 1 contract
Samples: Stock Purchase Agreement (Interwave Communications International LTD)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers will cause all indebtedness owed to an Acquired Company by either any Seller or any Related Person of either Seller to be paid in full prior to or at Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (MPW Industrial Services Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers and the Company will cause all indebtedness Indebtedness owed to an Acquired the Company by either any Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Sellers, the Holding Corporation, and the Company will cause all indebtedness Indebtedness owed to an Acquired the Company by either any Seller or any Related Person of either any Seller to be paid in full prior to Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Sellers Seller will cause all indebtedness owed to an Acquired the Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: LLC Ownership Interest Purchase Agreement (Vystar Corp)
