Common use of Payment of Indebtedness by Related Parties Clause in Contracts

Payment of Indebtedness by Related Parties. The Vendors shall cause all indebtedness and other Liabilities of each Related Party to the Company (including any such indebtedness or other Liability identified in Part 2.27 of the Disclosure Schedule) to be discharged and paid in full prior to the Closing.

Appears in 3 contracts

Samples: Share Sale and Purchase Agreement (Asia Online LTD), Share Purchase Agreement (Asia Online LTD), Share Purchase and Subscription Agreement (Asia Online LTD)

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Payment of Indebtedness by Related Parties. The Vendors Vendor shall cause all indebtedness and other Liabilities of each Related Party to the Company (including any such indebtedness or other Liability identified in Part 2.27 of the Disclosure Schedule) to be discharged and paid in full prior to the Closing.

Appears in 2 contracts

Samples: Share Sale and Purchase Agreement (Asia Online LTD), Share Sale and Purchase Agreement (Asia Online LTD)

Payment of Indebtedness by Related Parties. The Vendors Company shall cause all indebtedness Indebtedness and other Liabilities of each Related Party to the Company (including any such indebtedness Indebtedness or other Liability identified in Part 2.27 2.25 of the Disclosure Schedule) to be discharged and paid in full prior to the Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netscout Systems Inc)

Payment of Indebtedness by Related Parties. The Vendors shall cause all indebtedness and other Liabilities of each Related Party to the Company (including any such indebtedness or other Liability identified in Part 2.27 of the Disclosure Schedule) to be discharged and paid in full prior to the Closing.

Appears in 1 contract

Samples: Share Sale and Subscription Agreement (Asia Online LTD)

Payment of Indebtedness by Related Parties. The Vendors shall cause all indebtedness and other Liabilities of each Related Party to the Company (including any such indebtedness or other Liability identified in Part 2.27 of the Disclosure ScheduleSchedule but excluding indebtedness or other liabilities incurred in the Ordinary Course of Business) to be discharged and paid in full prior to the Closing.

Appears in 1 contract

Samples: Iaa Share Subscription Agreement (Asia Online LTD)

Payment of Indebtedness by Related Parties. The Vendors Company and the Selling Stockholder shall cause all indebtedness and other Liabilities of each Related Party to the Company Company, other than the Selling Stockholder (including any such indebtedness or other Liability identified in Part 2.27 2.24 of the Disclosure Schedule) to be discharged and paid in full prior to the Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (OMNICELL, Inc)

Payment of Indebtedness by Related Parties. The Vendors Company and the Controlling Shareholders shall cause all indebtedness and other Liabilities of owing to each Related Party to the Company (including any such indebtedness or other Liability identified in Part 2.27 of by the Disclosure Schedule) Company to be discharged and paid in full prior to the Closing, other than liabilities incurred in the Ordinary Course of Business which are not due at the Closing Date, or are to be assumed by InfoCast at Closing.

Appears in 1 contract

Samples: Share Purchase Agreement (Infocast Corp /Nv)

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Payment of Indebtedness by Related Parties. The Vendors Except as otherwise provided in Section 6.5 of the Disclosure Schedule, the Company shall cause all indebtedness and other Liabilities of each Related Party to the Company (including any such indebtedness or other Liability identified in Part 2.27 of the Disclosure Schedule) to be discharged and paid in full at or prior to the Closing.Closing (which may include payment from net cash proceeds received by a Related Party with respect to the conversion of shares of Company Common Stock in the Merger). 6.6

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verio Inc)

Payment of Indebtedness by Related Parties. The Vendors Company shall cause all indebtedness and other Liabilities of each Related Party owed to or by the Company (including any such indebtedness or other Liability identified in Part 2.27 Schedule 2.23 of the Disclosure Schedule) to be discharged and paid in full prior to the Closing.

Appears in 1 contract

Samples: Agreement and Plan (Edgewater Technology Inc/De/)

Payment of Indebtedness by Related Parties. The Vendors shall cause all indebtedness and other Liabilities of each Related Party to the each Company (including any such indebtedness or other Liability identified in Part 2.27 of the Disclosure Schedule) other than A$129,195.57 to be discharged and paid in full prior to the Closing.

Appears in 1 contract

Samples: Share Sale and Purchase Agreement (Asia Online LTD)

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