PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will cause all indebtedness owed to the Company by Seller or any Related Person of Seller to be paid in full prior to Closing.
Appears in 5 contracts
Samples: Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BOQI International Medical, Inc.), Stock Purchase Agreement (Allis Chalmers Energy Inc.)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the any Acquired Company by Seller Sellers or any Related Person of Seller Sellers to be paid in full prior to Closing.
Appears in 3 contracts
Samples: Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BIMI International Medical Inc.), Stock Purchase Agreement (BOQI International Medical, Inc.)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the an Acquired Company by any Seller or any Related Person of any Seller to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Simclar Inc), Purchase Agreement (Ambi Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Each Seller will shall cause all indebtedness owed to the an Acquired Company by such Seller or any Related Person of such Seller to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock and Membership Interest Exchange Agreement (Coconnect, Inc.), Purchase Agreement (Leggett & Platt Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller the Company will cause all indebtedness owed to the Company by any Principal Seller or any Related Person of any Principal Seller to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Agreement and Plan (Infospace Com Inc), Infospace Com Inc
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will cause all indebtedness owed to the an Acquired Company by Seller or any Related Person of Seller to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (BOQI International Medical, Inc.), Stock Purchase Agreement (A Consulting Team Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will Sellers shall cause all indebtedness owed to the Company by Seller Sellers, the employees of the Company, or any Related Person of Seller thereof, to be paid in full prior to Closing.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Healthstream Inc), Stock Purchase Agreement (Genesco Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the Company by either Seller or any Related Person of either Seller to be paid in full prior to Closing. Dividends due to the Sellers from the Company for the period to 31st October 2000 be paid within a reasonable period of time from the Closing Date.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Kupper Parker Communications Inc), Stock Purchase Agreement (Kupper Parker Communications Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will cause all indebtedness owed to the Partnership or any Acquired Company by Seller or any Related Person of 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, Seller Sellers will cause all indebtedness owed to the Company by Seller Sellers or any Related Person of Seller Sellers to be paid in full prior to Closing.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Management Network Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this AgreementAgreement or in Part 5.6 of the Disclosure Letter, Seller Sellers will cause all indebtedness owed to the an Acquired Company by any Seller or any Related Person of any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Styrochem International LTD)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will shall cause all indebtedness owed to the Company by Seller Seller, the employees of the Company, or any Related Person of Seller thereof, 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, Seller will cause all indebtedness owed to the an DLT Acquired Company by Seller or any Related Person of 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, Seller Sellers will cause all indebtedness owed to the a Subject 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, Seller the Sellers will cause all indebtedness owed to the any Acquired Company by Seller the Sellers or any Related Person of Seller the Sellers to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (China Liberal Education Holdings LTD)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to to, or from, the Company by any Seller or any Related Person of Seller any Seller, to be paid included in full the attached executed promissory note by Sellers attached as Appendix B prior to the Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will cause all indebtedness owed to the Company by Seller or any Related Person of Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Management Network Group Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to to, or from, the Company by any Seller or any Related Person of Seller any Seller, to be paid in full prior to to, or at the Closing, either in cash or by exchanging shares of common stock of the Buyer that the Sellers will receive per Appendix A, at a mutually agreed upon price by both the Buyer and the Seller.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the Company by its Seller or any Related Person Affiliate of any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Morrison Health Care Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the Company or any Subsidiary by any Seller or any Related Person of any Seller to be paid in full prior to or contemporaneous with Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Compass Group Diversified Holdings LLC)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will cause all indebtedness owed to the 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, Seller will shall cause all indebtedness owed to the Company by Seller or any Related Person of 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, Seller Sellers will cause all indebtedness owed to the Company MML by Seller Sellers or any Related Person of Seller any Sellers to be paid in full prior to Closing.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Better for You Wellness, Inc.)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, the Seller will cause all indebtedness owed to the Company by the Seller or any Related Person of the Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (China Liberal Education Holdings LTD)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will cause all indebtedness owed to the an Acquired Company by Seller or any Related Person of 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, Seller Sellers will cause all indebtedness owed to the Company by any Seller or by any Related Person of any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Fields Aircraft Spares Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the Acquired Company by any Seller or any Related Person of 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, Seller will cause all indebtedness owed to the Company by Seller or to the Seller by the Company, or with any Related Person related person of 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, Seller will cause all indebtedness set forth on the Interim Balance Sheet that is owed to the Company by Seller or any Related Person of Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Alliance Bankshares Corp)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller will Sellers shall cause all indebtedness owed to the 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, Seller will Sellers shall cause all indebtedness owed to the Company by any Seller or any Related Person of any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Integrated Security Systems Inc)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the Company either Seller by Seller or any Related Person of Seller related person to be paid in full prior to at or before the Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the Company TIL by Seller Sellers or any Related Person of Seller any Sellers to be paid in full prior to before Closing.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Better for You Wellness, Inc.)
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the an Acquired Company by Seller Sellers or any Related Person of 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, Seller will cause all indebtedness owed to the any Acquired Company by Seller or any Related related Person of 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, Seller will cause all indebtedness owed to the Company by Seller or any Related Person affiliate of 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, Seller Sellers will cause all indebtedness owed to the an Acquired Company by Seller Sellers or by any Related Person of Seller Sellers, and vice-versa, to be paid in full full, or otherwise settled, prior to the Closing.
Appears in 1 contract
PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, Seller Sellers will cause all indebtedness owed to the Company Company, OL, Alamar or Mar by any Seller or any Related Person of any Seller to be paid in full prior to Closing.
Appears in 1 contract
Samples: Stock Purchase Agreement (Wireless Ronin Technologies Inc)
