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Common use of Payment of Certain Indebtedness Clause in Contracts

Payment of Certain Indebtedness. Seller shall have presented Purchaser with evidence satisfactory to Purchaser that Seller has paid off the indebtedness identified on Schedule 1.3.1(a).

Appears in 2 contracts

Sources: Asset Purchase Agreement (Adams Laboratories, Inc.), Asset Purchase Agreement (Adams Respiratory Therapeutics, Inc.)

Related Clauses

  • Subordination of Certain Indebtedness
  • Certain Indebtedness
  • Restrictions on Payment of Certain Debt
  • Payment of Certain Expenses
  • Allocation of Certain Interest Shortfalls

Parent Clauses

  • AFFIRMATIVE COVENANTS
  • Conduct of the Business
  • EBITDA
  • REPRESENTATIONS AND WARRANTIES
  • MISCELLANEOUS PROVISIONS

Sub-Clauses

  • INFORMATION COVENANTS
  • BOOKS, RECORDS AND INSPECTIONS
  • INSURANCE AND MAINTENANCE OF PROPERTIES
  • Indemnification Agreement
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