Common use of Satisfaction of Insider Debt Clause in Contracts

Satisfaction of Insider Debt. As of the Closing, all insider debt of the Company (i.e., any loan payable, receivable or other Indebtedness owed by or to the Company to a Seller or its Affiliates) shall have been satisfied in full at Closing without any Liability to Purchaser. Each Seller hereby agrees to do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as Purchaser may reasonably request in order to carry out the intent and accomplish the purposes of this Section 8.3.

Satisfaction of Insider Debt. As of the Closing, all insider debt of the Company (i.e., any loan payable, receivable payable or other Indebtedness owed by or to the Company to a Seller or its any of their respective Affiliates) shall have been satisfied in full at Closing without any obligation or Liability to Purchaser. Each Seller Sellers hereby agrees agree to do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as the Purchaser may reasonably request in order to carry out the intent and accomplish the purposes of this Section 8.37.3.

Satisfaction of Insider Debt. As of the Closing, all insider debt of the Company (i.e., any loan payable, receivable payable or other Indebtedness owed by or to the Company to a Seller shareholder or any of its respective Affiliates) shall have been satisfied in full at Closing without any obligation or Liability to Purchaser. Each Seller The Company, Sellers and Representative hereby agrees agree to do and perform, or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as the Purchaser may reasonably request in order to carry out the intent and accomplish the purposes of this Section 8.37.10.