No Debt to Related Parties. The Company is not, and on Closing will not be, materially indebted to any of the Vendors nor to any family member of any of the Vendors, nor to any affiliate, director or officer of the Company or the Vendors except as set forth in Schedule "F" hereto;
No Debt to Related Parties. Except as disclosed in Schedule “D” hereto, neither SUNO nor its subsidiaries are, and on Closing will not be, indebted to any affiliate, director or officer of SUNO;
No Debt to Related Parties. Neither Piper nor any of its subsidiaries is, and on Closing will not be, indebted to any affiliate, director or officer of Piper except accounts payable on account of bona fide business transactions of Piper incurred in normal course of the Piper Business, including employment agreements, none of which are more than 30 days in arrears;
No Debt to Related Parties. Neither MailTec nor its subsidiaries are, and on Closing will not be, materially indebted to any affiliate, director or officer of MailTec except accounts payable on account of bona fide business transactions of MailTec incurred in normal course of the MailTec Business, including employment agreements, none of which are more than 30 days in arrears;
No Debt to Related Parties. Except as disclosed in Schedule 1.1.30 hereto, Wallace Mountain is not, and on Closing will not be, xxxxxxed to any affiliate, director or officer of Wallace Mountain except accounts payable on account of xxxx xide business transactions of Wallace Mountain incurred in normal course of the Wallxxx Xxxntain Business, including employment agreements, none of which are more than 30 days in arrears;
No Debt to Related Parties. Except as disclosed in Schedule "E" hereto, China Health is not, and on Closing will not be, indebted to any affiliate, director or officer of China Health except accounts payable on account of bona fide business transactions of China Health incurred in normal course of the China Health Business, including employment agreements, none of which are more than 30 days in arrears;
No Debt to Related Parties. LBRG will not, and on the Closing will not be, indebted to any affiliate, director or officer of LBRG except accounts payable on account of bona fide business transactions of LBRG incurred in normal course of the LBRG Business, including employment agreements, none of which are more than 30 days in arrears;
No Debt to Related Parties. Except as disclosed in Schedule “D” hereto, neither SRLT nor its subsidiaries are, and on Closing will not be, indebted to any affiliate, director or officer of SRLT;
No Debt to Related Parties. Except as disclosed in Schedule “D” hereto, neither Marine Park nor any of its subsidiaries is, and on Closing will not be, indebted to any affiliate, director or officer of Marine Park except accounts payable on account of bona fide business transactions of Marine Park incurred in normal course of the Marine Park Business, including employment agreements, none of which are more than 30 days in arrears;
No Debt to Related Parties. Except as disclosed in Schedule “M” hereto, NewCardio is not and on Closing will not be, indebted to the NewCardio Shareholders nor to any family member thereof, nor to any affiliate, director or officer of NewCardio or the NewCardio Shareholders except accounts payable on account of bona fide business transactions of NewCardio incurred in normal course of NewCardio Business, including employment agreements with the NewCardio Shareholders, none of which are more than 30 days in arrears;
