Liens; Claims. There has not been any satisfaction or discharge of any lien, claim or encumbrance or payment of any obligation by the Company or any of its subsidiaries, except in the ordinary course of business and that is material to its assets, properties, financial condition, operating results or business (as such business is presently conducted and as it is proposed to be conducted).
Appears in 3 contracts
Samples: Series C Preferred Stock Purchase Agreement (Usdata Corp), Series C Preferred Stock Purchase Agreement (Usdata Corp), Series C Preferred Stock Purchase Agreement (SCP Private Equity Partners Ii Lp)
Liens; Claims. There has not been any satisfaction or ------------- discharge of any lien, claim or encumbrance or payment of any obligation by the Company or any of its subsidiaries, except in the ordinary course of business and that is material to its assets, properties, financial condition, operating results or business (as such business is presently conducted and as it is proposed to be conducted).
Appears in 1 contract
Samples: Series C Preferred Stock Purchase Agreement (SCP Private Equity Partners Ii Lp)
Liens; Claims. There has not been any satisfaction or discharge of any lien, claim or encumbrance or payment of any obligation by the Company or any of its subsidiariesCompany, except in the ordinary course of business and that is material to its assets, properties, financial condition, operating results or business (as such business is presently conducted and as it is proposed to be conducted).
Appears in 1 contract
