Common use of PAYMENT OF INDEBTEDNESS BY RELATED PERSONS Clause in Contracts

PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, all indebtedness owed to an Acquired Company by any Related Person of an Acquired Company shall be paid in full prior to Closing.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Enterprise Financial Services Corp), Agreement and Plan of Merger (Enterprise Financial Services Corp)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, all All indebtedness owed to an Acquired Company by any Related Person of an Acquired Company shall be paid in full prior to Closing, except as expressly provided in this Agreement.

Appears in 2 contracts

Samples: Escrow Agreement (Enterprise Financial Services Corp), Agreement and Plan of Merger (Enterprise Financial Services Corp)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, all indebtedness owed to an Acquired the Company by any Related Person of an Acquired the Company shall (including Seller) will be paid in full prior to Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Envoy Corp /Tn/)

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