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

PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Each Seller shall cause all indebtedness owed to 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, Share Exchange and Purchase Agreement (Strategabiz, Inc.)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Each Seller shall The Management Sellers will cause all indebtedness owed to an Acquired the Company or any Subsidiary by any Management Seller or any Related Person of any Management Seller to be paid in full prior to or at Closing.

Appears in 2 contracts

Samples: Share Purchase Agreement (CDC Software CORP), Share Purchase Agreement (CDC Corp)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Each Seller shall cause all indebtedness owed to an Acquired 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: Membership Interest Purchase Agreement (Helix TCS, Inc.)

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