Interim Liabilities. The Surviving Corporation will pay, consistent with past practice, all liabilities, including all accounts payable and other expenses, which arise in the ordinary course of business prior to the Closing Date.
Interim Liabilities. All liabilities of, or claims against, the ------------------- Company arising out of the conduct of the Company's business between December 31, 1996 and the Closing, otherwise than in ordinary course, or arising out of any presently existing contract or commitment listed in Schedule 4.11.
Interim Liabilities. All material liabilities of, or claims against, the Corporation arising out of the conduct of the Corporation's business between March 31, 1997 and the Closing otherwise than in ordinary course, or arising out of any presently existing contract or commitment of the character described in subparagraph (h) of paragraph 6 and not listed therein, or arising out of any contract or commitment entered into or made by the Corporation between the date hereof and the Closing except as permitted by the provisions of subparagraph (d) of paragraph 6 and not reflected on the Closing Date Balance Sheet;
Interim Liabilities. 31 Section 5.12 Reports.......................................................... 31 Section 5.13 Shareholders' Meeting............................................ 31 Section 5.14 Conveyance Taxes................................................. 32 Section 5.15 Delisting........................................................ 32 Section 5.16 Solvency Letters................................................. 32
Interim Liabilities. All material liabilities of, or claims against, the Seller arising out of the conduct of the Seller's business between January 31, 1997 and the Closing otherwise than in ordinary course, or arising out of any presently existing contract or commitment of the character described in subparagraph (L) of paragraph 8 and not listed therein, or arising out of any contract or commitment entered into or made by the Seller between the date hereof and the Closing except as permitted by the provisions of subparagraph (E) of paragraph 8 and not reflected on the Closing Date Balance Sheet;
Interim Liabilities. 3 Section 2.2. Excluded Liabilities and Obligations . . . . . . . 3
Interim Liabilities. All liabilities and obligations of the Seller reflected on its books of account on the Closing Date that have been incurred between the Balance Sheet Date and the Closing Date in the usual and ordinary course of business of the Seller, to the extent that the transactions are not inconsistent with the representations, warranties, and covenants of the Seller contained in this Plan.
Interim Liabilities. 36 Section 5.11 Reports...........................................36 Section 5.12
