Common use of Indebtedness; Liabilities Clause in Contracts

Indebtedness; Liabilities. The Company has no Company Debt or liabilities of any kind (whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated and whether due or to become due), except for liabilities under the Company Contracts and liabilities in respect of Company Employees and the Company Benefit Plans.

Appears in 3 contracts

Samples: Share Purchase Agreement (You on Demand Holdings, Inc.), Share Purchase Agreement (Beijing Sun Seven Stars Culture Development LTD), Share Purchase Agreement (You on Demand Holdings, Inc.)

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Indebtedness; Liabilities. The Company has no Company Debt or liabilities of any kind (whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated and whether due or to become due), except indebtedness for liabilities under borrowed money that the Company Contracts and liabilities in has directly or indirectly created, incurred, assumed or guaranteed, or with respect of to which the Company Employees has otherwise become directly or indirectly liable, and the Company Benefit Planshas no material liability or obligation, absolute or contingent other than normal, current trade obligations.

Appears in 1 contract

Samples: Note Purchase Agreement (T Stamp Inc)

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