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, the Subject Companies and the Principal Shareholders will cause all indebtedness owed to an Acquired Company by any Participating Shareholder or any Related Person of any Participating Shareholder to be paid in full prior to Closing.

Appears in 1 contract

Samples: Merger Agreement (Quiksilver Inc)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, the Subject Companies and the Principal Shareholders Stockholders will cause all indebtedness owed to an Acquired the Company by any Participating Shareholder Stockholder or any Related Person of any Participating Shareholder Stockholder to be paid in full prior to Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Triumph Group Inc /)

PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, the Subject Companies and the Principal Shareholders Stockholders will cause all indebtedness owed to an Acquired a Company by any Participating Shareholder Stockholder or any Related Person of any Participating Shareholder Stockholder to be paid in full prior to Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ceco Environmental Corp)

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PAYMENT OF INDEBTEDNESS BY RELATED PERSONS. Except as expressly provided in this Agreement, the Subject Companies and the Principal Shareholders will cause all indebtedness owed to an Acquired Company any of the Companies by any Participating a Shareholder or any Related Person of a Shareholder or any Participating Shareholder of the Companies to be paid in full prior to or at the Closing.

Appears in 1 contract

Samples: 1 Stock Purchase Agreement (Eye Care Centers of America Inc)

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