Common use of Settlement of Accounts Clause in Contracts

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable and other obligations owing to either Company from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate shall have no obligation in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable payable and other obligations owing to from either Company from to ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate the Companies shall have no obligation or liability in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable and other obligations owing to either the Company from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate shall have no obligation in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable payable and other obligations owing from the Company to either Company from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate the Company shall have no obligation or liability in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable and other similar obligations owing to either the Company and/or ASCRP from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate shall have no obligation in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable payable and other similar obligations owing from the Company and/or ASCRP to either Company from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC the Company and any such Affiliate ASCRP shall have no obligation or liability in respect thereof.. ARTICLE VIII

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable and other obligations owing to either any Company from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate shall have no obligation in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable payable and other obligations owing to either Company from ASC the Companies or any of its their Affiliates to Sellers shall have been satisfied, cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate the Companies shall have no obligation or liability in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable payable and other obligations owing from the Sellers to either Company from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate the Sellers shall have no obligation or liability in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable payable and other obligations owing from any Company to either Company from ASC or any of its Affiliates shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate the Companies shall have no obligation or liability in respect thereof.

Settlement of Accounts. On or prior to the Closing Date, all of the accounts receivable and other obligations owing to either Company from ASC or any of its Affiliates the Companies from Sellers shall have been cancelled or forgiven and, following the Closing Date, ASC and any such Affiliate Sellers shall have no obligation in respect thereof.