Common use of Satisfaction of Liabilities Clause in Contracts

Satisfaction of Liabilities. The Company and each of its Subsidiaries shall have satisfied and discharged all of their Debt except for: (i) Debt for which an adjustment to the Base Purchase Price has been made under Section 2.2(b) and (ii) Debt which constitutes an Adjusted Current Liability.

Appears in 6 contracts

Samples: Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc)

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Satisfaction of Liabilities. The Company and each of its Subsidiaries shall have satisfied and discharged all of their Debt except for: (i) Debt for which an adjustment to the Base Purchase Price has been made under Section 2.2(b2.8(b) and (ii) Debt which constitutes an Adjusted Current Liability.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc), Agreement and Plan of Reorganization (Imagemax Inc)

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