Common use of Repayment of Indebtedness Clause in Contracts

Repayment of Indebtedness. Prior to the Closing Date, the Sellers shall have repaid the Company (including the Subsidiaries) in full all amounts owing by the Sellers or employees of the Company to the Company (including the Subsidiaries).

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc)

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Repayment of Indebtedness. Prior to the Closing Date, the Sellers Shareholders shall have repaid the Company (including the Subsidiaries) Seller in full all amounts owing by the Sellers Shareholders or employees of the Company Seller to the Company (including the Subsidiaries)Seller.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Imagemax Inc), Asset Purchase Agreement (Imagemax Inc), Asset Purchase Agreement (Imagemax Inc)

Repayment of Indebtedness. Prior to the Closing Date, the Sellers Shareholders shall have repaid the Company (including the Subsidiaries) Seller in full all amounts owing by the Sellers Shareholders or employees of the Company Seller to the Company (including the Subsidiaries)Purchaser.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Imagemax Inc), Asset Purchase Agreement (Imagemax Inc)

Repayment of Indebtedness. Prior to the Closing Date, the Sellers Seller shall have repaid the Company (including the Subsidiaries) in full all amounts owing by the Sellers Seller or employees of the Company to the Company (including the Subsidiaries).

Appears in 2 contracts

Samples: Stock Purchase Agreement (Imagemax Inc), Stock Purchase Agreement (Imagemax Inc)

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Repayment of Indebtedness. Prior to the Closing Date, the Sellers Seller shall have repaid the Company (including the Subsidiaries) in full all amounts owing by the Sellers Seller or employees of the Company to the Company (including the Subsidiaries), such repayment to be effected by the retention of $225,000 of the Cash Purchase Price by Purchaser as full satisfaction of all such debt of Seller and his Affiliates.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc)

Repayment of Indebtedness. Prior to the Closing Date, the Sellers Shareholder shall have repaid the Company (including the Subsidiaries) Seller in full all amounts owing by the Sellers Shareholder or employees of the Company Seller to the Company (including the Subsidiaries)Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Imagemax Inc)

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