Repayment of Debts. At the Closing, all officers, directors, stockholders and employees of the Company shall repay to the Surviving Corporation in full any outstanding indebtedness, if any, owed to the Company by them or their families.
Appears in 3 contracts
Samples: Agreement and Plan of Merger and Investment Agreement (MCS Inc), Agreement and Plan of Merger (Mestek Inc), Agreement and Plan of Merger and Investment Agreement (Simione Central Holdings Inc)
Repayment of Debts. At the Closing, all officers, directors, stockholders and employees of the Company shall repay to the Surviving Corporation Company in full any outstanding indebtedness, if any, indebtedness owed to the Company by them or their families.
Appears in 1 contract
Repayment of Debts. At the Closing, all officers, directors, stockholders and employees of the Company shall repay to the Surviving Corporation Company or Purchaser in full any outstanding indebtedness, if any, owed to the Company by them or their families.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Simione Central Holdings Inc)
Repayment of Debts. At the Closing, all officers, directors, stockholders and employees of the Company shall repay to the Surviving Corporation in full any outstanding indebtedness, if any, indebtedness owed to the Company by them or their families.
Appears in 1 contract
