Intercompany Indebtedness. Prior to the Closing, Contributor and FirstMark shall cause all outstanding indebtedness of FirstMark to Contributor or any of her Affiliates to be cancelled or discharged without any cost, liability (including, without limitation, any Tax liability) or expense being incurred by FirstMark.
Appears in 5 contracts
Samples: Stock Contribution Agreement (Teligent Inc), Stock Contribution Agreement (Forester Lynn), Stock Contribution Agreement (Associated Group Inc)