Common use of Absence of Material Undisclosed Liabilities Clause in Contracts

Absence of Material Undisclosed Liabilities. Except for (a) accounts payable, accrued expenses and other liabilities or obligations reflected on the Balance Sheet and other similar amounts incurred in the ordinary course of business since the Balance Sheet Date, and (b) obligations of future performance under contracts set forth on a Schedule hereto and under other contracts entered into in the ordinary course in accordance with this Agreement which are not required to be listed on a Schedule hereto, as of the Closing Date, the Company will not have any material liabilities or obligations, whether absolute, accrued, contingent or otherwise, and whether due or to become due.

Appears in 1 contract

Samples: Securities Purchase Agreement (L-1 Identity Solutions, Inc.)

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Absence of Material Undisclosed Liabilities. Except for (a) accounts payable, payable and accrued expenses and other liabilities or obligations reflected on the Balance Sheet and other similar amounts incurred in the ordinary course of business since the Balance Sheet Date, and (b) obligations of future performance under contracts set forth on a Schedule hereto and under other contracts entered into in the ordinary course in accordance with this Agreement of which are not required to be listed on a Schedule hereto, and (c) as set forth on Schedule 2.26, as of the Closing Date, the Company will not have any no material liabilities or obligations, whether absolute, accrued, contingent or otherwise, otherwise and whether due or to become due.

Appears in 1 contract

Samples: Purchase and Sale of Stock Agreement (New World Brands Inc)

Absence of Material Undisclosed Liabilities. Except for (a) accounts payable, payable and accrued expenses and other liabilities or obligations reflected on the Balance Sheet and other similar amounts incurred in the ordinary course of business since the Balance Sheet Date, and (b) obligations of future performance under contracts set forth on a Schedule hereto and under other contracts entered into in the ordinary course in accordance with this Agreement which are not required to be listed on a Schedule hereto, and (c) as set forth on Schedule 2.27, as of the Closing Date, the Company will not have any no material liabilities or obligations, whether absolute, accrued, contingent or otherwise, otherwise and whether due or to become due.

Appears in 1 contract

Samples: Stock Purchase Agreement (Anchor Holdings Inc)

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Absence of Material Undisclosed Liabilities. Except for (a) accounts payable, payable and accrued expenses and other liabilities or obligations reflected on the Balance Sheet and other similar amounts incurred in the ordinary course of business since the Balance Sheet Date, and (b) obligations of future performance under contracts set forth on a Schedule hereto and under other contracts entered into in the ordinary course in accordance with this Agreement which are not required to be listed on a Schedule hereto, as of the Closing Date, the Company and each Subsidiary will not have any no material liabilities or obligations, whether absolute, accrued, contingent or otherwise, otherwise and whether due or to become duedue relating to an event pertaining to the conduct of the Business prior to Closing.

Appears in 1 contract

Samples: Securities Purchase Agreement (Navtech Inc)

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