Common use of Elimination of Non-Business Financial Obligations Clause in Contracts

Elimination of Non-Business Financial Obligations. On or prior to the Closing Date, the Company shall eliminate all financial obligations which are not directly related to the business and operations of the Company.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Mesa Energy Holdings, Inc.), Membership Interest Purchase Agreement (WPCS International Inc), Stock Purchase Agreement (WPCS International Inc)

AutoNDA by SimpleDocs

Elimination of Non-Business Financial Obligations. On or prior to the Closing Date, the Company shall eliminate all financial obligations obligations, if any, which are not directly related to the business Business and operations of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (WPCS International Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!