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 and except with respect to any amounts owed by STPI to the Company, Shareholder will cause all indebtedness owed to the Company by Shareholder or any Related Person of the Shareholder to be paid in full at or prior to Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Packaged Ice Inc)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement and except with respect to any amounts owed by STPI Mission to the Company, Shareholder Shareholders will cause all indebtedness owed to the Company by Shareholder Shareholders or any Related Person of the Shareholder Shareholders to be paid in full at or prior to Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Packaged Ice Inc)

PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement and except with respect to any amounts owed by STPI to Agreement, the Company, Shareholder Shareholders will cause all indebtedness owed to the Company by Shareholder the Shareholders or any Related Person of the any Shareholder to be paid in full at or prior to Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Unit Corp)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement and except with respect to any amounts owed by STPI to the CompanyAgreement, Shareholder will Shareholders shall cause all indebtedness owed to the Company by any Shareholder or any Related Person of the any Shareholder to be paid in full at or prior to Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Imco Recycling Inc)

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