Insider Debt. None of the directors, former directors, officers, former officers, shareholders, former shareholders or employees of TransAtlantic or its Subsidiaries or any Person or company not dealing at arm’s length (as such term is construed under the Income Tax Act (Canada)) with any of the foregoing is indebted to TransAtlantic or its Subsidiaries.
Insider Debt. Except as specifically set forth herein or in its audited financial statements, neither GoHealth.md nor its subsidiaries owe any money, securities, or property to any of the following persons: GoHealth.md Shareholders, family members of GoHealth.md Shareholders, or employees of GoHealth.md or its subsidiaries either directly or indirectly. GoHealth.md and its subsidiaries do not have any material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected in its audited financial statements. GoHealth.md and its subsidiaries do not currently have, nor will they have on the Closing Date any pension plan, profit-sharing plan, or stock purchase plan for any of its employees or certain options to proposed executive officers.
Insider Debt. Except as specifically set forth in its audited financial statements, Nugget does not owe any money, securities, or property to any of the following persons: Nugget Shareholders, family members of Nugget Shareholders, or employees of Nugget either directly or indirectly. Nugget does not have any material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected in its audited financial statements. Nugget does not currently have, nor will it have on the Closing Date any pension plan, profit-sharing plan, or stock purchase plan for any of its employees or certain options to proposed executive officers.
Insider Debt. Except as specifically set forth in its audited financial statements, Newco does not owe any money, securities, or property to any of the following persons: Newco Shareholders, family members of Newco Shareholders, or employees of Newco either directly or indirectly. Newco does not have any material debt, liability or obligation of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due, that is not reflected in its audited financial statements. Newco does not currently have, nor will it have on the Closing Date any pension plan, profit-sharing plan, or stock purchase plan for any of its employees or certain options to proposed executive officers.
Insider Debt. Permit funds to be owing to Industries and Machine by the directors or stockholders of Industries or Machine, or members of their families, on account of any loan, credit sale or other transaction or event;
Insider Debt. Permit funds to be owing to any Borrower by the directors or stockholders of any Borrower, or members of their families, on account of any loan, credit sale or other transaction or event;
Insider Debt. All of the debt held by the Stronghold Insider for which Stronghold is the debtor (the “Insider Debt”) shall be restructured as follows and Stronghold shall be released from all obligations relating to the Insider Debt: (i) $1,000,000 shall be converted into 666,667 shares of Common Stock; and (ii) $1,200,000 shall be repaid in accordance with the terms of a promissory note in the form attached hereto as Exhibit F.
Insider Debt. Part 2.4(f) of the Disclosure Schedule provides an accurate and complete breakdown of all amounts (including loans, advances or other
Insider Debt. All Selling Shareholders, receiving repayment of the Insider Debt shall have signed waivers and releases to the Company and the Purchaser in a form attached hereto as Exhibit C.
Insider Debt. None of the directors, former directors, officers, former officers, shareholders, former shareholders or employees of Longe or its Subsidiaries or any Person not dealing at arm’s length (as such term is construed under the Income Tax Act (Canada)) with any of the foregoing is indebted to Longe or its Subsidiaries.
