Related Party Obligations. Except as set forth on Schedule 3.16, no Company employee, officer, director or shareholder, and no immediate family member of any Company employee, officer, director, or shareholder, is indebted to the Company, nor is the Company indebted (or committed to make loans or extend or guarantee credit) to any of such persons other than (a) for payment of salary for services rendered, (b) reimbursement for reasonable expenses incurred on the Company’s behalf, and/or (c) for other standard employee benefits made generally available to all employees (including stock option agreements outstanding under any stock option plan approved by the Company’s Board of Directors and stock purchase agreements approved by the Company’s Board of Directors). None of such persons have any direct or indirect ownership interest in any firm or corporation with which the Company is affiliated or with which the Company has a business relationship or in any firm or corporation that competes with the Company, except in connection with the ownership of stock in publicly-traded companies. No Company employee, officer, director, or stockholder, nor any their immediate family members, is, directly or indirectly, interested in any Material Contract with the Company (other than such Material Contracts that relate to any such person’s ownership of Company capital stock or other Company securities).
Related Party Obligations. Except as set forth on Schedule 3.22, no officer, director, shareholder, partner, Affiliate of Seller, or any individual related by blood or marriage to any such Person, or any entity in which any such Person owns any beneficial interest, is a party to any agreement, contract, commitment, promissory note, loan, any other actual or proposed transaction with Seller, or has any interest in any Purchased Asset, which is used in or necessary for the operation of the Business.
Related Party Obligations. Except as set forth on Sellers' Disclosure Schedule, no officer, director, shareholder, partner, member or Affiliate of any Seller, or any individual related by blood or marriage to any such Person, or any entity in which any such Person owns any beneficial interest, is a party to any agreement, contract, commitment, promissory note, loan, any 26 <PAGE> 28 other actual or proposed transaction with any Seller, or has any material interest in any material property used by any Seller, which is material to the operation of the Stations. 4.21
Related Party Obligations. No officer, director, shareholder or Affiliate of the Company, or any individual related by blood or marriage to any such Person, or any entity in which any such Person or individual owns any beneficial interest is a party to any agreement, contract, commitment, promissory note, loan, any other actual or proposed transaction with the Company or has any material interest in any material property used by the Company which is material to the operation of the Stations.
Related Party Obligations. Xxxxx Xxxxxxx owns one (1) share of each of the Mexican subsidiary companies to comply with Mexican legal requirements. See Schedule 3.3.
Related Party Obligations. At or prior to the Closing, Sellers shall terminate, on terms and conditions reasonably satisfactory to Buyer, but in any event without any liability or obligation of the Company that will survive the Closing Date, all agreements, commitments and/or arrangements between or among the Company, on the one hand, and Sellers or their respective Affiliates, on the other hand, except for any agreements, commitments and/or arrangements set forth in Section 5.01(g) of the Disclosure Schedules.
Related Party Obligations. Schedule 2.32 is a list of all amounts owed by or to the Company and Subsidiary to or from a Seller and a description of the nature or reason for such obligation (“Related Party Obligations”). The Related Party Obligations owed to the Company and any Subsidiary are current and collectible, in full, subject to no off-sets or defenses, and will be collected in full without any set-off, in accordance with their terms.
Related Party Obligations. Except as set forth on the ASSET SCHEDULE, no officer, director, shareholder or Affiliate of either Seller, or any individual related by blood or marriage to any such Person, or any entity in which any such Person or individual owns any beneficial interest, is a party to any agreement, contract, commitment, promissory note, loan, any other actual or proposed transaction with either Seller, or has any material interest in any material property used by either Seller which is material to the operation of the Station.
Related Party Obligations. Except as set forth on Company's Disclosure Schedule, no officer, director, shareholder or Affiliate of the Company, or any individual related by blood or marriage to any such Person, or any entity in which any such Person or individual owns any beneficial interest, is a party to any agreement, contract, commitment, promissory note, loan, any other actual or proposed transaction with the Company, or has any material interest in any material property used by the Company, which is material to the operation of the Stations.
Related Party Obligations. Section 4.5(c) Rule 145 Affiliates.................................................Section 4.31
