Common use of Lack of Material Liabilities Clause in Contracts

Lack of Material Liabilities. The Company shall have not incurred any material liability, direct or contingent (as that term is ordinarily used), other than in the ordinary course of its business, since December 31, 1996.

Appears in 1 contract

Samples: Merger Agreement (Conceptronic Inc / De)

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Lack of Material Liabilities. The Company Neither the Company, nor any of its subsidiaries or affiliates, shall have not incurred any material liability, direct or contingent (as that term is ordinarily used), other than in the ordinary course of its business, since December July 31, 19961998; including, but not limited to, any tax liability resulting from the transaction contemplated hereby, or by the Company's compliance with any of the terms and conditions hereof.

Appears in 1 contract

Samples: Merger Agreement (Arguss Holdings Inc)

Lack of Material Liabilities. The Company shall have not incurred any material liability, direct or contingent (as that term is ordinarily used), other than in the ordinary course of its business, since December July 31, 19961997; including, but not limited to, any tax liability resulting from the transaction contemplated hereby, or by the Company's compliance with any of the terms and conditions hereof.

Appears in 1 contract

Samples: Merger Agreement (Arguss Holdings Inc)

Lack of Material Liabilities. The Company shall have not incurred any material liability, direct or contingent (as that term is ordinarily used), other than in the ordinary course of its business, since December 31, 1996; including, but not limited to, any tax liability resulting from the transaction contemplated hereby, or by the Company's compliance with any of the terms and conditions hereof.

Appears in 1 contract

Samples: Merger Agreement (Arguss Holdings Inc)

Lack of Material Liabilities. The Company Neither the Company, nor any of its subsidiaries, shall have not incurred any material liability, direct or contingent (as that term is ordinarily used), other than in the ordinary course of its business, since December October 31, 19961999; including, but not limited to, any tax liability resulting from the transaction contemplated hereby, or by the Company's compliance with any of the terms and conditions hereof.

Appears in 1 contract

Samples: Merger Agreement (Arguss Communications Inc)

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Lack of Material Liabilities. The Company Neither the Company, nor any of its subsidiaries or affiliates, shall have not incurred any material liability, direct or contingent (as that term is ordinarily used), other than in the ordinary course of its business, since December 31September 30, 19961997; including, but not limited to, any tax liability resulting from the transaction contemplated hereby, or by the Company's compliance with any of the terms and conditions hereof.

Appears in 1 contract

Samples: Merger Agreement (Arguss Holdings Inc)

Lack of Material Liabilities. The Company None of the Companies shall have not incurred any material liability, direct or contingent (as that term is ordinarily used), other than in the ordinary course of its business, since December 31not reflected on the Interim Financial Statements; including, 1996but not limited to, any tax liability resulting from the transactions contemplated hereby, or by the Companies’ compliance with any of the terms and conditions hereof.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Argan Inc)

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