Immediately following Closing. Xenon 2 will repay ----------------- and terminate the commitments with respect to the indebtedness for money borrowed (including all interest, fees and other amounts payable in respect thereof) set forth on Schedule 6.9 and Xenon 2 shall use its best efforts to ------------ cause the guarantee of such indebtedness by General Electric Company to be fully released. Neither SNAP nor NBC or any of its Subsidiaries shall be required to repay prior to Closing any indebtedness of SNAP, including any incurred from and after the date hereof in accordance with the terms of this Agreement.
Appears in 3 contracts
Samples: Agreement and Plan of Contribution, Investment and Merger (Xoom Inc), Merger Agreement (General Electric Co), Merger Agreement (Xoom Inc)
Immediately following Closing. Xenon 2 will repay ----------------- and terminate the commitments with respect to the indebtedness for money borrowed (including all interest, fees and other amounts payable in respect thereof) set forth on Schedule 6.9 and Xenon 2 shall use its best efforts to ------------ cause the guarantee of such indebtedness by General Electric Company to be fully released. Neither SNAP nor NBC or any of its Subsidiaries shall be required to repay prior to Closing any indebtedness of SNAP, including any incurred from and after the date hereof May 9, 1999 in accordance with the terms of this Agreement.
Appears in 1 contract
Samples: Agreement and Plan of Contribution, Investment and Merger (General Electric Co)