Common use of Pay Creditors Clause in Contracts

Pay Creditors. Following the Closing, Subsidiary shall pay all payables and other obligations of Company assumed hereunder by the Subsidiary, as such obligations become due in the ordinary course of business.

Appears in 8 contracts

Samples: Share Purchase and Merger Agreement (Infrared Systems International), Assignment and Assumption (China Sxan Biotech, Inc.), Assignment and Assumption (ASAP Expo, Inc.)

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Pay Creditors. Following the Closing, Subsidiary and the Purchasers shall pay all payables and other obligations of Company Seller assumed hereunder by the SubsidiarySubsidiary and the Purchasers, as such obligations become due in the ordinary course of business.

Appears in 1 contract

Samples: Assignment and Assumption (China Agro Sciences Corp.)

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