Intercompany Payments. All loans, payables and other amounts due to or from the Company and its affiliates as listed in Section 5.6 of the Disclosure Schedule shall be paid in full, written off or adjusted to zero balances at or prior to the Closing. Such amounts due may be paid from cash on hand or as may otherwise be available to the Company from existing lines of credit with third party lenders.
Intercompany Payments. The Parent and SubGroup shall accrue responsibilities for payment and make payments to each other in such amounts, at such time and in such manner as provided in
Intercompany Payments. (a) The Borrower will not, nor will it permit its Subsidiaries to, make any payment of principal on any intercompany Indebtedness owed to any Person other than the Borrower or its Subsidiaries, except (i) payments made by the Borrower on the Working Capital Line, and (ii) as may be refinanced with a public or private debt or equity issuance; provided that, if no Loan is outstanding, the Borrower may make payments on the Intercompany Loan.
Intercompany Payments. (a) Notwithstanding any other provision of this Agreement to the contrary, except as set forth in Section 5.10(b) or on the Disclosure Schedule, from the date hereof through the Closing Date, the Seller shall not permit any of the Transferred Companies and their Subsidiaries to make any payments, reimbursements or any other distributions of any nature whatsoever, other than any payment, reimbursement or distribution relating to payroll or which otherwise does not individually exceed $5,000 or in the aggregate, with all other payments, reimbursements and distributions, exceed $100,000, to the Seller or any of its Affiliates (other than the Transferred Companies and their Subsidiaries) without the prior written consent of Buyer. Any expenses allocated by Seller during the period from the date hereof through the Closing Date to the Transferred Companies and their Subsidiaries shall be allocated in a fair and reasonable manner.
Intercompany Payments. 5.2.1 Amounts owed to the Marketing Agent by each Verizon Originator shall be settled daily through intercompany transactions in accordance with Cellco's customary and routine procedures. Any amounts owed by a Verizon Originator to the Marketing Agent with respect to the reimbursement of the Marketing Agent for remittances made by the Marketing Agent under Section 2.2.1 of this Agreement shall be settled prior to any other amounts owed to Cellco.
Intercompany Payments. All payments contemplated by Section 5.19 on the part of Purchaser and its Subsidiaries shall have been made, where practicable.
Intercompany Payments. 14 N. Right of First Refusal......................................15 O. Duration....................................................15
Intercompany Payments. CPC shall not make any payments of any kind to CCO beyond such payments as are reasonably necessary in the ordinary course of business.
Intercompany Payments. If an Event of Default has occurred and is continuing, then the Borrower will not, nor will it permit its Subsidiaries to:
Intercompany Payments. Set forth on Section 4.21 of the Disclosure Schedule is a summary of all payments from Seller to any Acquired Company, and from any Acquired Company to Seller, made from January 1, 2009 through July 29, 2011 and a description, by category, of the character of such payments.
