Accounts Payable and Accrued Liabilities. Schedule 1.4(a) and Schedule 1.4(b) sets forth a complete and correct list of the Accounts Payable and Accrued Liabilities. Each of the Accounts Payable and Accrued Liabilities are valid and have been incurred in connection with the operation of the Business in the ordinary course of business, consistent with Seller’s past custom and practice.
Accounts Payable and Accrued Liabilities. Schedule 1.4(a) sets forth a complete and correct list of the Accounts Payable. The collective amount of the Accrued Liabilities, together with the aggregate amount of the Accounts Payable, does not exceed One Hundred Thousand and No/Dollars ($100,000). Each of the Accounts Payable and Accrued Liabilities are valid and have been incurred in connection with the operation of the Business in the ordinary course of business, consistent with Clearview’s past custom and practice.
Accounts Payable and Accrued Liabilities. Payment for, and the ---------------------------------------- liability of, any and all accounts payable, and accrued and contingent liabilities, of Seller shall be the Seller's responsibility, excepting however those accounts payable generated by the Supplier Purchase Orders (hereafter defined) as set forth in Section 3.3(b) hereunder. On the Closing Date, Seller shall provide to Buyer a schedule of all accounts payable, and all accrued and contingent liabilities, of Seller which remain outstanding and for which Seller shall be liable pursuant to this Section 3.2.
Accounts Payable and Accrued Liabilities. Per Santa Xxxx Water Company, LLC Balance Sheet Per Palo Verde Utilities Company, LLC Balance Sheet
Accounts Payable and Accrued Liabilities. Schedule 4.5(b) provides as of the date hereof an accurate and complete list of (i) each outstanding account payable; (ii) each Liability classified as an “Accrued Liability;”
Accounts Payable and Accrued Liabilities. 2000 1999 $ $ -------------------------------------------------------- Trade accounts payable 314,311 245,019 Employee compensation -- 7,980 Accrued liabilities 47,610 27,155 -------------------------------------------------------- 361,921 280,154 --------------------------------------------------------
Accounts Payable and Accrued Liabilities. All existing accounts payable and accrued liabilities of the Company (including those accounts payable and accrued liabilities reflected on the unaudited balance sheet included in the Most Recent Financial Statements that have not yet been paid and those accounts payable and accrued liabilities that have arisen since the Most Recent Fiscal Quarter End and have not yet been paid) represent valid obligations of the Company arising from bona fide transactions entered into in the ordinary course of business.
Accounts Payable and Accrued Liabilities. The Seller's accounts payable and accrued liabilities at the date of the latest Interim Financial Statement, were $550,355.28 respectively. Neither the Seller nor the Shareholders is aware of any event or condition with respect to a specific vendor or creditor that causes either of them to believe that the terms of payment to such vendor or creditor are likely to change in any material respect from the terms enjoyed by the Seller historically.
Accounts Payable and Accrued Liabilities. (a) RP shall pay all of its accounts payable, accrued liabilities and all other Excluded RP Liabilities (including without limitation all wages and salaries payable) arising out of the ownership or operation of the RP Assets or the RP Business prior to the Closing Date as they come due and payable, except those RP Accounts Payable and RP Accrued Liabilities which are not due or payable prior to the Closing Date and are assumed by Pool Tech at the Closing pursuant to Section 1.7 hereof. In the event Pool Tech receives an invoice, xxxx or other demand for payment relating to any accounts payable, accrued liabilities or other liabilities in connection with the ownership or operation of the RP Assets or the RP Business prior to the Closing Date and which is not included in the Closing RP Working Capital as shown in the Closing RP Working Capital Statement, such invoice, xxxx or demand for payment, as the case may be, shall be forwarded to RP and/or Parent, each of whom agrees to promptly (but in no event later than 30 days after demand by Pool Tech) make payment therefore.
(b) Acquisition Corp shall cause Pool Tech to pay all of its accounts payable, accrued liabilities and all other Excluded Pool Tech Liabilities (including without limitation all wages and salaries payable) arising out of the ownership or operation of the Pool Tech Assets or the Pool Tech Business prior to the Closing Date as they come due and payable, except those Pool Tech Accounts Payable and Pool Tech Accrued Liabilities which are not due or payable prior to the Closing Date and are assumed by RP at the Closing pursuant to Section 1.8 hereof. In the event RP receives an invoice, xxxx or other demand for payment relating to any accounts payable, accrued liabilities or other liabilities in connection with the ownership or operation of the Pool Tech Assets or the Pool Tech Business prior to the Closing Date and which is not included in the Closing Pool Tech Working Capital as shown in the Closing Pool Tech Working Capital Statement, such invoice, xxxx or demand for payment, as the case may be, shall be forwarded to Pool Tech and/or Acquisition Corp, each of whom agrees to promptly (but in no event later than 30 days after demand by RP) make payment therefore.
Accounts Payable and Accrued Liabilities. 6 3.2.2 Violation of Representations, Etc ..........................6 3.2.3
