Indebtedness to Affiliates. The Maker shall not, and shall not permit any Subsidiary to, make any payment on any indebtedness owed to officers, directors or Affiliates, except for reimbursements of reasonable and typical business expenses.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Neoprobe Corp), Convertible Promissory Note (Neoprobe Corp), Convertible Promissory Note (Neoprobe Corp)
Indebtedness to Affiliates. The Maker shall not, and shall not permit any Subsidiary to, make any payment on any indebtedness owed to officers, directors or Affiliates, except for reimbursements of reasonable and typical business expenses.
Appears in 4 contracts
Samples: Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.), Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.), Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.)
