Absence of Liabilities. Neither the Company nor any of its Subsidiaries has any Liabilities except (a) Liabilities that are accrued and reflected on the Jerash Garment Financial Statements, and (b) obligations to be performed after the date hereof under any Contracts.
Appears in 5 contracts
Samples: Equity Contribution Agreement, Securities Purchase Agreement (Jerash Holdings (US), Inc.), Securities Purchase Agreement (Jerash Holdings (US), Inc.)