Shareholder Indebtedness and Receivables. On or prior to Closing, the Shareholders shall cause to be paid in full in cash all accounts payable, notes payable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable by the Company to any Shareholder.
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Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc), Agreement and Plan of Exchange (Brightstar Information Technology Group Inc), Agreement and Plan of Exchange (Group Maintenance America Corp)
Shareholder Indebtedness and Receivables. On or Immediately prior to Closing, the Shareholders shall cause to be paid in full in cash all accounts payable, notes payable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable by the Company to any Shareholder.
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Shareholder Indebtedness and Receivables. On or prior to Closing, Closing the Shareholders shall cause to be paid in full in cash all accounts payable, notes payable and advances payable by any Shareholder to the Company Corporation and the Company Corporation shall pay in full in cash all accounts payable, notes payable and advances payable by the Company Corporation to any Shareholder.
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Samples: Agreement and Plan of Exchange (Royale Energy, Inc.)
Shareholder Indebtedness and Receivables. On or prior to Closing, the Shareholders shall cause to be paid in full in cash all accounts payable, notes payable and advances payable by any Shareholder to the Company and the Company shall pay in full in cash all accounts payable, notes payable and advances payable by the Company to any Shareholder, except that the $150,000 debt to Georxx X. Xxxxxx xxxll not be paid prior to Closing and will be paid in the future as agreed to by the Parent and Mr. Xxxxxx.
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Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)
Shareholder Indebtedness and Receivables. On or prior to Closing, Closing the Shareholders shall cause to be paid in full in cash all accounts payable, notes payable and advances payable by any Shareholder to the Company Corporation and the Company Corporation shall pay in full in cash all accounts payable, notes payable and advances payable by the Company Corporation to any Shareholder, except for those subordinated promissory notes issued by Matrix, the Corporation and the Matrix LPs, which are to be exchanged by the holders thereof for shares of the Parent’s Series B Preferred Stock in connection with the Debt Exchange.
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