Common use of PAYMENT OF INDEBTEDNESS BY AFFILIATES Clause in Contracts

PAYMENT OF INDEBTEDNESS BY AFFILIATES. Notwithstanding Section 5.2, each Seller shall cause all indebtedness owed to an Acquired Company by any Seller or any Affiliate of any Seller to be paid in full prior to Closing.

Appears in 1 contract

Samples: Employment Agreement (Lmi Aerospace Inc)

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PAYMENT OF INDEBTEDNESS BY AFFILIATES. Notwithstanding Section 5.25.6.1. Except as expressly provided in this Agreement, each Seller shall Sellers will cause all indebtedness owed to an Acquired Company by any Seller or any Affiliate of any Seller to be paid in full prior to Closing.

Appears in 1 contract

Samples: Acquisition Agreement (Carnegie International Corp)

PAYMENT OF INDEBTEDNESS BY AFFILIATES. Notwithstanding Section 5.2Except as expressly provided in this Agreement, each Seller shall Sellers will cause all indebtedness owed to an Acquired Company by any either Seller or any Affiliate of any either Seller to be paid in full prior to Closing.

Appears in 1 contract

Samples: Credit Agreement (Maverick Tube Corporation)

PAYMENT OF INDEBTEDNESS BY AFFILIATES. Notwithstanding Section 5.2Except as expressly provided in this Agreement, each Seller shall Sellers will cause all indebtedness owed to an Acquired Company by any Seller or any Affiliate of any Seller to be paid in full prior to Closing.

Appears in 1 contract

Samples: Acquisition Agreement (Carnegie International Corp)

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PAYMENT OF INDEBTEDNESS BY AFFILIATES. Notwithstanding Section 5.2Except as expressly provided in this Agreement, each Seller shall Sellers will cause all indebtedness owed owing to an Acquired the Company by any Seller either Sellers or any Affiliate of any Seller Sellers to be paid in full prior to the Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Speizman Industries Inc)

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