Common use of Liabilities and Indebtedness of the Company Clause in Contracts

Liabilities and Indebtedness of the Company. The Company does not have any Obligations of any nature whatsoever, except Obligations (i) set forth or adequately provided for in the Condensed Consolidated Balance Sheets or in the related Notes to the Condensed Consolidated Financial Statements included in Company’s Quarterly Report on Form 10-Q for the period ended January 31, 2014 (the “Company Balance Sheet”), (b) those incurred in the Ordinary Course of Business and not required to be set forth in the Company Balance Sheet under GAAP, and (c) those incurred in the Ordinary Course of Business since the date of the Company Balance Sheet and not reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Crossroads Systems Inc), Securities Purchase Agreement (Crossroads Systems Inc)

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Liabilities and Indebtedness of the Company. The Company does not have any Obligations of any nature whatsoever, except Obligations (i) set forth or adequately provided for in the Condensed Consolidated Balance Sheets or in the related Notes to the Condensed Consolidated Financial Statements included in Company’s Quarterly Report on Form 10-Q for the period ended January 31, 2014 2013 (the “Company Balance Sheet”), (b) those incurred in the Ordinary Course of Business and not required to be set forth in the Company Balance Sheet under GAAP, and (c) those incurred in the Ordinary Course of Business since the date of the Company Balance Sheet and not reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Crossroads Systems Inc)

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Liabilities and Indebtedness of the Company. The Company does not have any known Obligations of any nature whatsoevernature, except Obligations (i) set forth or adequately provided for in the Condensed Consolidated Balance Sheets or in the related Notes to the Condensed Consolidated Financial Statements included in Company’s 's Quarterly Report on Form 10-Q for the period ended January March 31, 2014 (the "Company Balance Sheet"), (b) those incurred in the Ordinary Course of Business and not required to be set forth in the Company Balance Sheet under GAAP, and (c) those incurred in the Ordinary Course of Business since the date of the Company Balance Sheet and not reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Industrial Services of America Inc /Fl)

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