Common use of List of Creditors Clause in Contracts

List of Creditors. The Stockholders shall provide the Purchaser with a list of all existing creditors of the Seller and the Stockholders. Existing creditors shall include any person who has a right to payment, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured. The list of creditors will include the amounts of the claim or a reasonable estimate of the amount if the exact amount of the claim is not known including the name and address. If the Seller and the Stockholders are the obligor of outstanding issue of bonds, debentures or similar instruments as to which there is an indenture trustee, the list of creditors shall include the name and address of the indentured trustee in the aggregate outstanding principal amount of the issue. The Treasurer of the county or counties wherein any of the property being transferred under this Agreement is located shall be listed as a creditor of the Seller and the Stockholders with respect to all taxes, assessments, or other charges to be levied on the property being transferred hereby. Seller and the Stockholders warrant and represent that the list of creditors to be furnished under this paragraph shall be accurate and complete without any omission or deletions.

Appears in 4 contracts

Samples: Assets Purchase Agreement (Acadia National Health Systems Inc), Assets Purchase Agreement (Acadia National Health Systems Inc), Assets Purchase Agreement (Acadia National Health Systems Inc)

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