Common use of Discharged Debt Clause in Contracts

Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than liabilities incurred since such date in the ordinary course of business;

Appears in 2 contracts

Samples: Stock Purchase Agreement (Neogen Corp), Stock Purchase Agreement (Neogen Corp)

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Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than (i) liabilities shown or reflected on the Latest Balance Sheets or (ii) liabilities incurred since such the date thereof in the ordinary course of business;

Appears in 1 contract

Samples: Stock Purchase Agreement (Nstor Technologies Inc)

Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Purchased Assets or the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than liabilities incurred since such the date thereof in the ordinary course of businessthe Business;

Appears in 1 contract

Samples: Asset Purchase Agreement (Neogen Corp)

Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than (i) liabilities shown or reflected on the Latest Balance Sheet or (ii) liabilities incurred since such the date thereof in the ordinary course of business;; (c)

Appears in 1 contract

Samples: Asset Purchase Agreement (Autocam Corp/Mi)

Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than liabilities incurred since such the date thereof in the ordinary course of business;

Appears in 1 contract

Samples: Stock Purchase Agreement (Vicon Industries Inc /Ny/)

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Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than (i) liabilities shown or reflected on the Latest Balance Sheet or (ii) liabilities incurred since such the date thereof in the ordinary course of business;

Appears in 1 contract

Samples: Quota Purchase Agreement (Autocam Corp/Mi)

Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than (i) liabilities shown or reflected on the Most Recent Balance Sheet or (ii) liabilities incurred since such the date thereof in the ordinary course of businessOrdinary Course;

Appears in 1 contract

Samples: Recapitalization Agreement (C2 Inc)

Discharged Debt. Discharged or satisfied any lien or encumbrance, pertaining to the Business, or paid or satisfied any obligation or liability (absolute, contingent, accrued or otherwise) other than (i) liabilities shown on Company’s accounting records on Reference Date or (ii) liabilities incurred since such date the Reference Date in the ordinary course of business;

Appears in 1 contract

Samples: Stock Purchase Agreement (Neogen Corp)

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