BUSINESS ACTIVITY; INDEBTEDNESS Clause Samples

BUSINESS ACTIVITY; INDEBTEDNESS. Acquiror has not engaged in any business activity of any nature prior to the date of this Agreement and as of the date hereof Acquiror is not indebted or liable to any Person for any obligation except as expressly contemplated herein.
BUSINESS ACTIVITY; INDEBTEDNESS. East has not engaged in any business activity of any nature prior to the date of this Agreement and as of the date hereof, East is not indebted or liable to any Person for any obligation except as expressly contemplated herein.