Common use of ACTIONS SINCE THE SELLER'S BALANCE SHEET Clause in Contracts

ACTIONS SINCE THE SELLER'S BALANCE SHEET. Except as set forth and reflected in this Agreement, since the date of the Seller's Balance Sheet, the Seller has not: 3.7.1 incurred any material obligation or liability, known or unknown, absolute, fixed or contingent, xxxxxx or inchoate, liquidated or unliquidated except those arising in the ordinary and usual course of their business and those incurred in connection with the transactions contemplated by this Agreement; 3.7.2 issued or sold, or agreed to issue or sell any capital stock of the Seller or any securities convertible into or rights to acquire any such capital stock or any dividend or distribution declared, set aside or paid on any such capital stock; 3.7.3 discharged or satisfied any lien or encumbrance, except in the ordinary and usual course of business, or paid or satisfied any liability, absolute or contingent, other than as set forth in the Seller's Balance Sheet in the ordinary and usual course of business and those incurred in connection with the transactions contemplated by this Agreement; 3.7.4 made any wage or salary increases or granted any bonuses other than wage and salary increases and bonuses granted in accordance with their normal salary increase and bonus policies; 3.7.5 mortgage, pledged or subjected to any lien, pledge, charge or other encumbrance any of their properties or assets, or permitted any of their property or assets to be subject to any lien or other encumbrance, except in the ordinary and usual course of business; 3.7.6 sold, assigned or transferred any of their properties or assets, except in the ordinary and usual course of business; 3.7.7 entered into any transaction or course of conduct not in the ordinary and usual course of business; 3.7.8 waived any rights of substantial value, or canceled, modified or waived any indebtedness for borrowed money held by them, except in the ordinary and usual course of business; 3.7.9 made any loans or advances to any person or assumed, guaranteed, endorsed or otherwise became responsible for the obligations of any person; or 3.7.10 incurred any indebtedness for borrowed money (except for endorsement, for collection or deposit of negotiable instruments received in the ordinary and usual course of business).

ACTIONS SINCE THE SELLER'S BALANCE SHEET. Except as set forth and reflected in this Agreement, since the date of the Seller's Balance Sheet, the Seller has not: 3.7.1 incurred any material obligation or liability, known or unknown, absolute, fixed or contingent, xxxxxx or inchoate, liquidated or unliquidated except those arising in the ordinary and usual course of their its business and those incurred in connection with the transactions contemplated by this Agreement; 3.7.2 issued or sold, or agreed to issue or sell any capital stock Shares of the Seller or any securities convertible into or rights to acquire any such capital stock or any dividend or distribution declared, set aside or paid on any such capital stockcapital; 3.7.3 discharged or satisfied any lien or encumbrance, except in the ordinary and usual course of business, or paid or satisfied any liability, absolute or contingent, other than as set forth in the Seller's Balance Sheet in the ordinary and usual course of business and those incurred in connection with the transactions contemplated by this Agreement; 3.7.4 made any wage or salary increases or granted any bonuses other than wage and salary increases and bonuses granted in accordance with their normal salary increase and bonus policies; 3.7.5 mortgage, pledged or subjected to any lien, pledge, charge or other encumbrance any of their properties or assets, or permitted any of their property or assets to be subject to any lien or other encumbrance, except in the ordinary and usual course of business; 3.7.6 sold, assigned or transferred any of their properties or assets, except in the ordinary and usual course of business; 3.7.7 entered into any transaction or course of conduct not in the ordinary and usual course of business; 3.7.8 waived any rights of substantial value, or canceled, modified or waived any indebtedness for borrowed money held by them, except in the ordinary and usual course of business; 3.7.9 made any loans or advances to any person or assumed, guaranteed, endorsed or otherwise became responsible for the obligations of any person; or 3.7.10 incurred any indebtedness for borrowed money (except for endorsement, for collection or deposit of negotiable instruments received in the ordinary and usual course of business).

ACTIONS SINCE THE SELLER'S BALANCE SHEET. Except as set forth and reflected in this Agreement, since the date of the Seller's Balance Sheet, the Seller has not: 3.7.1 incurred any material obligation or liability, known or unknown, absolute, fixed or contingent, xxxxxx or inchoate, liquidated or unliquidated except those arising under its leases and in the ordinary and usual course of their its business and those incurred in connection with the transactions contemplated by this Agreement; 3.7.2 issued or sold, or agreed to issue or sell any capital stock Shares of the Seller or any securities convertible into or rights to acquire any such capital stock or any dividend or distribution declared, set aside or paid on any such capital stockcapital; 3.7.3 discharged or satisfied any lien or encumbrance, except in the ordinary and usual course of business, or paid or satisfied any liability, absolute or contingent, other than as set forth in the Seller's Balance Sheet in the ordinary and usual course of business and those incurred in connection with the transactions contemplated by this Agreement; 3.7.4 made any wage or salary increases or granted any bonuses other than wage and salary increases and bonuses granted in accordance with their normal salary increase and bonus policies; 3.7.5 mortgage, pledged or subjected to any lien, pledge, charge or other encumbrance any of their properties or assets, or permitted any of their property or assets to be subject to any lien or other encumbrance, except in the ordinary and usual course of business; 3.7.6 sold, assigned or transferred any of their properties or assets, except in the ordinary and usual course of business; 3.7.7 entered into any transaction or course of conduct not in the ordinary and usual course of business; 3.7.8 waived any rights of substantial value, or canceled, modified or waived any indebtedness for borrowed money held by them, except in the ordinary and usual course of business; 3.7.9 made any loans or advances to any person or assumed, guaranteed, endorsed or otherwise became responsible for the obligations of any person; or 3.7.10 incurred any indebtedness for borrowed money (except for endorsement, for collection or deposit of negotiable instruments received in the ordinary and usual course of business).