Relations with the Sellers. There are no agreements or arrangements between any Group Company, the Sellers or the Key Employees or any of their respective Affiliates, other than in the Ordinary Course (including, without limitation, employment agreements).
Relations with the Sellers. (a) Other than any remuneration paid in the Ordinary Course of Business to a Seller who is an employee or officer of any Group Company, each of the Sellers represents that he/she/it nor any of its Related Parties: – holds, either individually or jointly, directly or indirectly, in whole or in part, any property, assets or rights whatsoever that any Group Company needs to own, use, exercise or benefit from for purposes of carrying out all or part of its activities; – is a creditor or debtor of any Group Company or will be able, whether currently or in the future, to exercise any claim or right against any Group Company or owe any obligation to any of them; – has granted any Encumbrance to secure undertakings of any Group Company, or is the beneficiary of any Encumbrance granted by any Group Company; and – generally, has entered into any agreement with any Group Company or is a party to any agreement for the provision of services or other facilities to or by any Group Company.
Relations with the Sellers. Except as otherwise stated in Schedule 4.15, neither the Sellers, nor any Affiliate of the Sellers (other than a Group Company), in all cases either directly or indirectly:
Relations with the Sellers. As of the Closing Date, neither the Sellers nor any Affiliated Company of the Sellers: (i) Has any cause of action or other claim against or owes any amount to, or is owed any amount by, each of the Company or the Subsidiaries; or (ii) Has received from or furnished to each of the Company or the Subsidiaries any goods or services without consideration.
Relations with the Sellers. After the Closing Date, none of the Companies or any of the Subsidiaries will:
Relations with the Sellers. The Sellers shall ensure that, upon Completion, all contracts identified in Schedule 6.4 (Contracts with the Sellers’ Group to be terminated on Completion) entered into between certain Group Companies and certain Sellers will be terminated with effect as from the Completion Date, at no cost to any of the Purchaser or any Group Company. It is further specified that the interests accrued on the 2017 convertible bonds formerly issued by the Company and due to some of the Sellers have been registered as shareholders’ current account advance (avance en compte courant d’associé). Upon Completion, the amount of such shareholder’s current account advance will be reimbursed by the Company.
Relations with the Sellers. Neither the Sellers, nor any Affiliate of the Sellers, in all cases either directly or indirectly:
Relations with the Sellers
