Payment of Company Indebtedness. (a) At the Second Company Merger Effective Time, the Surviving Company shall assume all obligations of the Company under and in accordance with the Senior Debt Indenture and pay all amounts required to repay in full and retire the Senior Debt thereunder (the “Senior Debt Payoff Amount”).
Payment of Company Indebtedness. A portion of the Company Indebtedness owed to the Company Stockholder in an amount equal to one-half (1/2) of the Remaining Trust Account Amount shall have been paid down by Purchaser.
Payment of Company Indebtedness. On the Closing Date, the Buyer shall pay, or cause to be paid on behalf of the Sellers, the Company Indebtedness, if any, by wire transfer of immediately available funds to the Persons or bank accounts and in the amounts specified by the Sellers on Schedule 2.1(e) to be provided to the Buyer at least two (2) Business Days prior to the Closing Date.
Payment of Company Indebtedness. The Buyer, at the Sellers’ direction and on behalf of the Sellers, shall pay at the Closing out the Purchase Price, by wire transfer or delivery of other immediately available funds, the following: (i) the Companies’ and Sellers’ aggregate existing commercial or lending institution Indebtedness in such amounts and to such Person identified on Schedule 2(d)(ii) of the Disclosure Schedule; and (ii) the Companies’ and Seller’s aggregate existing Indebtedness under capital leases in such amounts and to such Person identified on Schedule 2(d)(ii) of the Disclosure Schedule.
Payment of Company Indebtedness. The Purchaser shall arrange for the repayment in full upon Closing of all amounts due under the CA Note in cash, and the holders of Promissory Notes listed in Schedule 3.07 shall have received Purchaser Common Stock from the Purchaser in accordance with Section 3.07. Each of the Security Agreement between the Company and Computer Associates International dated as of June 30, 1999 and the Security Agreement between the Company and/or Operating Sub and a lender codenamed XYZ Corp. shall have been terminated.
Payment of Company Indebtedness. The Purchaser shall have arranged for the repayment in full upon Closing of all amounts due under the CA Note in cash, and the holders of Promissory Notes listed in Schedule 3.07 shall have received Purchaser Common Stock from the Purchaser in accordance with Section 3.07.
Payment of Company Indebtedness. Any outstanding interest-bearing indebtedness of the Company shall have been paid in full and all credit facilities pursuant to which the Company could incur interest-bearing indebtedness shall have been terminated (collectively, “Indebtedness”).
Payment of Company Indebtedness. Prior to the Effective Time, (i) all Indebtedness of the Company and each of its Subsidiaries, other than the Permitted Indebtedness, shall have been paid in full and finally discharged by the Company by wire transfer out of the Company’s available cash and cash equivalents, (ii) all obligations of the Company or any of its Subsidiaries relating to such Company Indebtedness shall have been terminated, and (iii) Parent shall have been provided with evidence thereof that is reasonably acceptable to Parent. Parent shall be entitled to recover the amount of any and all Company Indebtedness to the extent such Company Indebtedness is not paid in full and finally discharged by the Company as of immediately prior to the Effective Time and may do so by reducing the Merger Consideration or pursuant to Article 8.
Payment of Company Indebtedness. Immediately prior to the Effective Time, Parent shall pay, or caused to be paid, all of the Repaid Indebtedness.
Payment of Company Indebtedness. At Closing, Parent shall pay or cause the Surviving Corporations to pay, all Company Indebtedness set forth on Section 7.6 of the Companies Disclosure Schedule. Section 7.6 of the Companies Disclosure Schedule sets forth complete, current and accurate information regarding the written arrangement governing each such Company Indebtedness, the total amount of indebtedness due under each such arrangement, and the identity of each counterparty to such arrangement.
