Non-Arm’s Length Debt. Agile does not have any loan or other indebtedness outstanding which has been made to any of its shareholders, officers, directors or employees, past or present, or any person not dealing at “arm’s length” (as such term is defined in the ITA).
Non-Arm’s Length Debt. Apart from amounts owed to Anacott Resources Ltd., Xxxxx One does not have any loan or other indebtedness outstanding which has been made to any of its shareholders, officers, directors or employees, past or present, or any person not dealing at “arm’s length” (as such term is defined in the ITA).
Non-Arm’s Length Debt. Except as disclosed in the MSC Disclosure Letter, neither MSC nor any of the MSC Subsidiaries has any loan or other indebtedness outstanding which has been made to any of its shareholders, officers, directors or employees, past or present, or any person not dealing at “arm’s length” (as such term is defined in the ITA).
Non-Arm’s Length Debt. Canbud does not have any loan or other indebtedness outstanding which has been made to any of its shareholders, officers, directors or employees, past or present, or any person not dealing at “arm’s length” (as such term is defined in the ITA).
Non-Arm’s Length Debt. The Vendor shall, prior to the Closing Time, cause all debt owing by any Corporation to the Vendor or any Affiliate of the Vendor to be contributed to the capital of such Corporation.
Non-Arm’s Length Debt. None of the Purchased Companies is indebted to any officer, director, employee or shareholder of such company, and none of the Purchased Companies is indebted to any Person not dealing with the Purchased Companies at arm's length (within the meaning of the Income Tax Act (Canada)).
Non-Arm’s Length Debt except pursuant to the Reorganization [Redacted], no Affiliate, director, former director, officer or employee of ConocoPhillips or any Person not dealing at “arm’s length” (within the meaning of the Income Tax Act) with ConocoPhillips will be indebted to the Corporations at the Closing Time;
Non-Arm’s Length Debt. No director, officer, insider or other party not at arm's length to GLN is indebted to GLN and GLN is not a party to or bound by any agreement, guarantee, indemnification or endorsement or like commitment of the obligations, liabilities (contingent or otherwise) or indebtedness of any person, firm or corporation.
Non-Arm’s Length Debt. No director, officer, insider or other party not at arm's length to Exito is indebted to Exito and Exito is not a party to or bound by any agreement, guarantee, indemnification or endorsement or like commitment of the obligations, liabilities (contingent or otherwise) or indebtedness of any person, firm or corporation.
