Common use of REPAYMENT OF RELATED PARTY INDEBTEDNESS Clause in Contracts

REPAYMENT OF RELATED PARTY INDEBTEDNESS. Concurrently with the execution of this Agreement, (a) the Stockholders shall repay to the Company all amounts outstanding as advances to or receivables from the Stockholders, each of which advances or receivables is specifically reflected in Schedule 5.7, and (b) the Company shall repay all amounts outstanding under loans to the Company from any Stockholder, each of which loans to the Company is specifically reflected in Schedule 5.6.

Appears in 4 contracts

Samples: Acquisition Agreement (Quanta Services Inc), Acquisition Agreement (Quanta Services Inc), Acquisition Agreement (Quanta Services Inc)

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REPAYMENT OF RELATED PARTY INDEBTEDNESS. Concurrently with the execution of this Agreement, (a) the Stockholders shall repay to the Company Companies all amounts outstanding as advances to or receivables from the Stockholdersany Stockholder, each of which advances advance or receivables receivable is specifically reflected in on Schedule 5.73.6, and ------------ (b) the each Company shall repay all amounts outstanding under loans to the such Company from any Stockholder, each of which loans to the Company is specifically reflected in on Schedule 5.6.-------- 3.5. ---

Appears in 1 contract

Samples: Asset Purchase Agreement (Ifco Systems Nv)

REPAYMENT OF RELATED PARTY INDEBTEDNESS. Concurrently with the execution of this Agreement, (a) the Stockholders shall repay or cause to be repaid to the Company all amounts outstanding as advances to or receivables from the Stockholders, each of which advances or receivables is specifically reflected in Schedule 5.7, and (b) the Company shall repay or cause to be repaid all amounts outstanding under loans to the Company from any Stockholdereach of the Stockholders, each of which loans to the Company is specifically reflected in Schedule 5.6.

Appears in 1 contract

Samples: Acquisition Agreement (Quanta Services Inc)

REPAYMENT OF RELATED PARTY INDEBTEDNESS. Concurrently with the execution of this Agreement, (a) the Stockholders shall repay to the Company all amounts outstanding as advances to or receivables from the Stockholders, each of which advances or receivables is specifically reflected in Schedule 5.7, and (b) the Company shall repay all amounts outstanding under loans to the Company from any Stockholder, each of which loans to the Company is specifically reflected in Schedule 5.6.

Appears in 1 contract

Samples: Acquisition Agreement (Synovis Life Technologies Inc)

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REPAYMENT OF RELATED PARTY INDEBTEDNESS. Concurrently with Prior to the execution of this Agreement, Effective Time (a) the Stockholders shall repay to the Company all amounts outstanding as advances to or receivables from the Stockholders, each of which advances or receivables is specifically reflected in Schedule 5.7Section 5.13 of the Disclosure Schedule, and (b) the Company shall repay all amounts outstanding under loans to the Company from any Stockholder, each of which loans to the Company is specifically reflected in Schedule 5.6Section 5.13 of the Disclosure Schedule.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ats Medical Inc)

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