Liabilities; Claims. There are, and on the Effective Date will ------------------- be, no liabilities (including, but not limited to, tax liabilities) or claims against Whitco (whether such liabilities or claims are contingent or absolute, direct or indirect, matured or unmatured) not appearing on the Financial Statements, other than (i) liabilities incurred in the ordinary course of business since September 30, 2002, (ii) taxes accrued on earnings since September 30, 2002 which are not yet due or payable, or (iii) liabilities which in the aggregate do not exceed $50,000.
Liabilities; Claims. Except as set forth on the Vyteris Schedule of Exceptions or in the private Placement Memorandum, there are no liabilities (including, but not limited to, tax liabilities) or claims against Vyteris (whether such liabilities or claims are contingent or absolute, direct or indirect, matured or unmatured) not appearing on the Vyteris Financial Statements, other than (i) liabilities incurred in the ordinary course of business since March 31, 2004, (ii) taxes accrued on earnings since March 31, 2004 xxxxx xxx xxx xxx xxe or payable, (iii) expenses incurred in connection with the Merger, (iv) expenses incurred in connection with the consummation of the transactions contemplated by this Agreement, (v) expenses incurred in connection with obtaining financing, (vi) expenses incurred in seeking to commercialize Vyteris' products, in establishing a manufacturing capability and in expanding the applications of its technology in an amount not exceeding $9,000,000 in the aggregate, (vii) liabilities not referred to in any of the other clauses of this Section 2.10 which do not exceed $100,000 in the aggregate and (viii) liabilities which are not required, under GAAP, to be disclosed on the face or in the notes to the Vyteris Financial Statements.
Liabilities; Claims. Except as and to the extent set forth in the latest MMAX SEC Reports, neither MMAX nor any of its subsidiaries had at the date of the latest balance sheet filed with the SEC any liabilities required by generally accepted accounting principles to be reflected on a consolidated balance sheet of MMAX and its subsidiaries. Except as and to the extent set forth in such MMAX SEC Reports, since such date neither MMAX nor any of its subsidiaries has incurred any liabilities material to the business, operations or financial condition of MMAX and its subsidiaries taken as a whole, except liabilities incurred in the ordinary and usual course of business and consistent with past practice and liabilities incurred in connection with this Agreement.
Liabilities; Claims. Except as set forth on Schedule 4.10, there are, and on the Closing Date will be, no liabilities (including, but not limited to, tax liabilities) or claims against HP (whether such liabilities or claims are contingent or absolute, direct or indirect, matured or unmatured) not appearing on the HP Financial Statements, other than (i) liabilities incurred in the ordinary course of business since September 30, 2010; (ii) taxes accrued on earnings since September 30, 2010 which are not yet due or payable; or (iii) other liabilities which do not exceed $10,000 in the aggregate.
Liabilities; Claims. There are no liabilities (including, but not limited to, tax liabilities) or claims against Rexahn (whether such liabilities or claims are contingent or absolute, direct or indirect, and matured or unmatured) not appearing in the Financial Statements, other than (i) liabilities incurred in the ordinary course of business since September 30, 2004, (ii) taxes accrued on earnings since September 30, 2004 which are not yet due or payable or (iii) other liabilities which do not exceed $100,000 in the aggregate.
Liabilities; Claims. Except as set forth in (i) the SEC Reports and (ii) the amounts of accrued but unpaid salary due to Frank Ferraro ("Ferraro") under the Employment Agreement dated Januaxx 0, 0000 xxr txx xxxxod from September 30, 2004 through December 31, 2004, which aggregate amount due to Ferraro is $122,500 as of December 31, 2004, there are no liabilitiex (xxxxuding, but not limited to, tax liabilities) or claims against the Company (whether such liabilities or claims are contingent or absolute, direct or indirect, and matured or unmatured), and there is no existing condition, situation or set of circumstances which could reasonably be expected to result in such a liability or claim.
Liabilities; Claims. Insurance
(a) Since September 30, 2012, and except as set forth on the DMEXICO Financial Statements, there are, and on the Closing Date will be, no liabilities (including, but not limited to, tax liabilities) or claims against DMEXICO (whether such liabilities or claims are contingent or absolute, direct or indirect, matured or unmatured) not appearing on the DMEXICO Financial Statements, other than (i) liabilities incurred in the ordinary course of business since September 30, 2012; (ii) taxes accrued on earnings since September 30, 2012 which are not yet due or payable; or (iii) other liabilities which do not exceed $100,000 in the aggregate. (b) Schedule 3.10 sets forth a true and complete list and description (including without limitation applicable premiums, deductibles, term and material claims made) of each insurance policy to which DMEXICO is or, since January 1, 2010, had been a party, named insured or otherwise the beneficiary of coverage, or under which any director, manager or officer is or was a party, an insured or otherwise a beneficiary of coverage. Since January 1, 2010, DMEXICO has no self-insured or co-insurance programs or reported any material claims under any of its insurance policies.
Liabilities; Claims. There are no liabilities (including, but not limited to, tax liabilities) or claims against Gardedam (whether such liabilities or claims are contingent or absolute, direct or indirect, and matured or unmatured) not appearing in the Financial Statements, other than (i) liabilities incurred in the ordinary course of business since September 30, 2015, (ii) taxes accrued on earnings since September 30, 2015 which are not yet due or payable or (iii) other liabilities which do not exceed $5,000 in the aggregate.
Liabilities; Claims. Except as set forth in all registration statements, prospectuses, reports, schedules, forms, statements and other documents required to be filed by it with the Securities and Exchange Commission (the "SEC") under the Securities Act and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including pursuant to Section 13(a) or 15(d) thereof, (the foregoing materials being collectively referred to herein as the "SEC Reports"), there are no liabilities (including, but not limited to, tax liabilities) or claims against the Company (whether such liabilities or claims are contingent or absolute, direct or indirect, and matured or unmatured), and there is no existing condition, situation or set of circumstances which could reasonably be expected to result in such a liability or claim.
Liabilities; Claims. There are, and on the Effective Date will be, no liabilities (including, but not limited to, tax liabilities) or claims against Hudson (whether such lixxxxxxies or claims are contingent or absolute, direct or indirect, matured or unmatured) not appearing on the Financial Statements, other than (i) liabilities incurred in the ordinary course of business since December 31, 2003, (ii) taxes accrued on earnings since December 31, 2003 which are not yet due or payable or (iii) other liabilities which do not exceed $100,000 in the aggregate.
