Common use of INDEBTEDNESS TO AND FROM OFFICERS, DIRECTORS AND OTHERS Clause in Contracts

INDEBTEDNESS TO AND FROM OFFICERS, DIRECTORS AND OTHERS. Except as set forth on Schedule 4.10 hereto, neither the Company nor any of its Subsidiaries is indebted to any director, officer, employee or consultant of the Company or any of its Subsidiaries or to any other Affiliate of the Company, except for amounts due as normal salaries, fees or reimbursement of ordinary business expenses. Except as set forth on Schedule 4.10, no director, officer, employee or consultant of the Company or any of its Subsidiaries and no other Affiliate of the Company is now, or on the Closing Date will be, indebted to the Company or any Subsidiary of the Company except for ordinary business expense advances.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Nuvox Inc /De/), Securities Purchase Agreement (Gabriel Communications Inc /De/), Securities Purchase Agreement (Gabriel Communications Inc /De/)

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