Common use of Indebtedness to or from Affiliates Clause in Contracts

Indebtedness to or from Affiliates. The Company is not and will not be indebted to any officer, director, employee or shareholder thereof as of the Closing Date. No money or property is owed to the Company by any officer, director, employee or shareholder thereof, and none will be owed as of the Closing.

Appears in 3 contracts

Samples: Share Exchange Agreement (Pacific Copper Corp.), Share Exchange Agreement (Pacific Copper Corp.), Share Exchange Agreement (Pacific Copper Corp.)

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Indebtedness to or from Affiliates. The Company is not and will not be indebted to any officer, director, employee or shareholder Shareholder thereof as of the Closing DateClosing. No money or property is owed to the Company by any officer, director, employee or shareholder Shareholder thereof, and none will be owed as of the Closing.

Appears in 2 contracts

Samples: Share Exchange Agreement (Infrastructure Materials Corp.), Share Exchange Agreement (Silver Reserve Corp.)

Indebtedness to or from Affiliates. The Company is not and will not be indebted to any officer, director, employee or shareholder thereof as of the Closing Date, except as disclosed in Schedule 3(g) to the Agreement. No money or property is owed to the Company by any officer, director, employee or shareholder thereof, and none will be owed as of the Closing. The Company is not responsible or liable for any of the liabilities or responsibilities of its subsidiaries.

Appears in 1 contract

Samples: Asset Contribution Agreement (Crown Jewel Resources Corp)

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Indebtedness to or from Affiliates. The Company is not and will not be indebted to any officer, director, employee or shareholder thereof of the Company as of the Closing DateClosing. No money or property is owed to the Company by any officer, director, employee or shareholder thereofof the Company, and none will be owed as of the Closing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Biostem U.S. Corp)

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