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

INDEBTEDNESS TO OFFICERS, DIRECTORS AND SHAREHOLDERS. Except as set forth on Schedule 3(m) attached hereto, neither the Company nor any of its subsidiaries is indebted to any of such entity's shareholders, officers or directors (or to members of their immediate families) in any amount whatsoever (including, without limitation, any deferred compensation or salaries payable).

Appears in 3 contracts

Samples: Settlement and Release Agreement (Tangible Asset Galleries Inc), Registration Rights Agreement (Tangible Asset Galleries Inc), Settlement and Release Agreement (Tangible Asset Galleries Inc)

AutoNDA by SimpleDocs

INDEBTEDNESS TO OFFICERS, DIRECTORS AND SHAREHOLDERS. Except as set forth on Schedule SCHEDULE 3(m) attached hereto, neither the Company nor any of its subsidiaries is indebted to any of such entity's shareholders, officers or directors (or to members of their immediate families) in any amount whatsoever (including, without limitation, any deferred compensation or salaries payable).

Appears in 1 contract

Samples: Series D Preferred Stock Purchase and Warrant Exercise Agreement (Tangible Asset Galleries Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!