Common use of Absence of Liabilities Clause in Contracts

Absence of Liabilities. The Company did not have, at the Balance Sheet Date, any liabilities of any type which in the aggregate exceeded $10,000, whether absolute or contingent, which were not fully reflected on the Balance Sheet, and, since the Balance Sheet Date, the Company has not incurred or otherwise become subject to any such liabilities or obligations except in the ordinary course of business.

Appears in 3 contracts

Samples: Series C Preferred Stock Purchase Agreement (Flexiinternational Software Inc/Ct), Preferred Stock Purchase Agreement (Flexiinternational Software Inc/Ct), Series B Preferred Stock Purchase Agreement (Flexiinternational Software Inc/Ct)

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Absence of Liabilities. The Except as disclosed in Schedule 3.10, the Company did not have, at the Balance Sheet Date, any liabilities of any type which in the aggregate exceeded $10,00025,000, whether absolute or contingent, which were not fully reflected on the Balance Sheet, and, since the Balance Sheet Date, the Company has not incurred or otherwise become subject to any such liabilities or obligations except in the ordinary course of business.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Sequoia Software Corp)

Absence of Liabilities. The Company did not have, at the Balance ------------------------ Sheet Date, any liabilities of any type which in the aggregate exceeded $10,00050,000, whether absolute or contingent, which were not fully reflected on the Balance Sheet, and, since the Balance Sheet Date, the Company has not incurred or otherwise become subject to any such liabilities or obligations except in the ordinary course of business.

Appears in 1 contract

Samples: Solutions Financing Agreement (Pointe Communications Corp)

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Absence of Liabilities. The Company did not haveExcept as disclosed in Exhibit D, at the Balance Sheet Date, the Company did not have any liabilities of any type which that in the aggregate exceeded $10,00040,000, whether absolute or contingent, which were not fully reflected on the Balance Sheet, and, and since the Balance Sheet Date, Date the Company Company. has not incurred or otherwise become subject to any such liabilities or obligations except in the ordinary course of business.

Appears in 1 contract

Samples: Purchase Agreement (Monitronics International Inc)

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