Common use of No Debt to Related Parties Clause in Contracts

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;

Appears in 2 contracts

Sources: Share Exchange Agreement (Autoeye Inc), Share Exchange Agreement (Forestindustry Com Inc)

No Debt to Related Parties. The Company is not, and on Closing will not be, materially indebted to any of the Vendors Shareholder nor to any family member of any of the VendorsShareholder, nor to any affiliate, director director, officer or officer shareholder of the Company or the Vendors Vendor except as set forth in Schedule "FD" hereto;

Appears in 1 contract

Sources: Share Purchase Agreement (Ks E Media Holdings Inc)

No Debt to Related Parties. The Company is not, and on Closing will not be, materially indebted to any of the Vendors Company Shareholders nor to any family member of any of the VendorsCompany Shareholders, nor to any affiliate, director director, officer or officer shareholder of the Company or the Vendors Company Shareholders except as set forth in Schedule "FC" hereto;

Appears in 1 contract

Sources: Merger Agreement (Cirus Telecom Inc)