Pre-Closing Distributions. It is understood and agreed that from September 7, 1995, and continuing thereafter, no Company shall be required to contribute funds, directly or indirectly, whether by dividend, loan or otherwise, to Seller or any affiliate of Seller (other than another Company). In the event that the Companies make any such distributions to Seller or any affiliate of Seller, such funds will be reimbursed to the respective Companies at the Closing.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Addington Resources Inc), Stock Purchase Agreement (Leslie Resources Inc)