Common use of Certain Payables and Receivables Clause in Contracts

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any Shareholder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp)

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Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any Shareholder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay cause to be paid in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder the Shareholders to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any Shareholderthe Shareholders.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Group Maintenance America Corp), Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders Shareholder shall pay cause to be paid in full in cash all accounts receivable, notes receivable and advances payable by any the Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note Notes (as defined) which shall be paid according to their terms) by the Company to any the Shareholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay cause to be paid in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder the Shareholders to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any Shareholderthe Shareholders.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay cause to be paid in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note Notes (as defined) which shall be paid according to their terms) and advances payable by the Company to any Shareholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay cause to be paid in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder the Shareholders to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note Notes (as defined) which shall be paid according to their terms) and advances payable by the Company to any Shareholderthe Shareholders.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

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Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay cause to be paid in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any Shareholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any Shareholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders shall pay in full in cash all accounts receivable, notes receivable and advances payable by any Shareholder (or any affiliate thereof) to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any ShareholderShareholder (or any affiliate thereof).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

Certain Payables and Receivables. On or prior to Closing, the -------------------------------- Shareholders Shareholder shall pay in full in cash all accounts receivable, notes receivable and advances payable by any the Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable (except any Tax Note (as defined) which shall be paid according to their terms) by the Company to any the Shareholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Group Maintenance America Corp)

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