Liabilities or Obligations. To such Seller’s knowledge, the Partnership has no material liabilities or obligations of a type that would be required to be included or reserved against in a consolidated balance sheet of the Partnership prepared in accordance with GAAP, except for liabilities or obligations (a) reflected or reserved against in the consolidated balance sheet of the Partnership as of March 31, 2016 or the notes thereto, (b) incurred by the Partnership or its subsidiaries in the ordinary course of business consistent with past practice since March 31, 2016, or (c) otherwise disclosed in the Schedules attached hereto.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (Blueknight Energy Holding, Inc.), Membership Interest Purchase Agreement (CB-Blueknight, LLC)
Liabilities or Obligations. To such Seller’s knowledge, the The Partnership has no material liabilities or obligations of a type that would be required to be included or reserved against in a consolidated balance sheet of the Partnership prepared in accordance with GAAP, except for liabilities or obligations (a) reflected or reserved against in the consolidated balance sheet of the Partnership as of March 31, 2016 or the notes thereto, (b) incurred by the Partnership or and its subsidiaries in the ordinary course of business consistent with past practice since March 31, 2016, or (c) otherwise disclosed in the Schedules attached hereto.
Appears in 2 contracts
Samples: Contribution Agreement (Blueknight Energy Partners, L.P.), Contribution Agreement
