Discharge of Liabilities. The Company shall not pay, discharge or satisfy any material claims, liabilities or obligations (absolute, accrued, asserted or unasserted, contingent or otherwise), other than the payment, discharge or satisfaction, in the ordinary course of business consistent with past practice (which includes the payment of final and unappealable judgments) or in accordance with their terms, of liabilities reflected or reserved against in, or contemplated by, the most recent consolidated financial statements (or the notes thereto) of the Company included in the Company's reports filed with the SEC, or incurred in the ordinary course of business consistent with past practice.
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Samples: Merger Agreement (CTG Resources Inc), Merger Agreement (Energy East Corp), Merger Agreement (Berkshire Energy Resources)
Discharge of Liabilities. The Company shall not pay, discharge or satisfy any material claims, liabilities or obligations (absolute, accrued, asserted or unasserted, contingent or otherwise), other than the payment, discharge or satisfaction, in the ordinary course of business consistent with past practice (which includes the payment of final and unappealable judgments) or in accordance with their terms, of liabilities reflected or reserved against in, or contemplated by, the most recent consolidated financial statements (or the notes thereto) of the Company included in the Company's reports filed with the SECCompany SEC Reports, or incurred in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Samples: Merger Agreement (Southwest Gas Corp), Merger Agreement (Oneok Inc /New/)
Discharge of Liabilities. The Company shall not pay, discharge or ------------------------ satisfy any material claims, liabilities or obligations (absolute, accrued, asserted or unasserted, contingent or otherwise), other than the payment, discharge or satisfaction, in the ordinary course of business consistent with past practice (which includes the payment of final and unappealable judgments) or in accordance with their terms, of liabilities reflected or reserved against in, or contemplated by, the most recent consolidated financial statements (or the notes thereto) of the Company included in the Company's reports filed with the SEC, or incurred in the ordinary course of business consistent with past practice.
Appears in 1 contract
Discharge of Liabilities. The Company shall not pay, discharge discharge, settle or satisfy any material claims, liabilities or obligations (absolute, accrued, asserted or unasserted, contingent or otherwise), other than the payment, discharge discharge, settlement or satisfaction, in the ordinary course of business consistent with past practice (which includes the payment of final and unappealable judgments) or in accordance with their terms, of claims, liabilities reflected or reserved against in, obligations recognized or contemplated by, disclosed in the most recent consolidated financial statements (or the notes thereto) of the Company included in the Company's reports filed with the SEC, Company Filed SEC Documents or incurred since the date of such financial statements in the ordinary course of business consistent with past practice.
Appears in 1 contract
Samples: Merger Agreement (Edmark Corp)