REPAYMENT OF. INDEBTEDNESS At or prior to the Closing, each ------------------------- Stockholder, officer and director of the Company and each entity (other than corporations the shares of which are publicly traded and other than any Subsidiary listed on Schedule 1.03) in which the Company or any Stockholders has an equity interest shall pay to the Company all outstanding indebtedness owed by such stockholder, officer, director or entity to the Company or any of the Subsidiaries.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Pennington Brooks Iii), Agreement and Plan of Reorganization (Central Garden & Pet Company)
