Common use of Marketable Securities and Other Investments Clause in Contracts

Marketable Securities and Other Investments. Schedule 3.17 lists all of the marketable securities and other investments shown on the April 1997 Balance Sheet (the "Company Investments"), all of which are owned by the Company free and clear of any liens, encumbrances or claims, except as shown in Schedule 3.17. The value of each of the Company Investments shown on the April 1997 Balance Sheet reflect the fair market value thereof on the date of the April 1997 Balance Sheet, as applicable, and the Financial Statements are in conformity with the requirements of Financial Accounting Standards Board Statement No. 115. All of the Company Investments are readily marketable except as described in Schedule 3.17, and, since the date of the April 1997 Balance Sheet, as applicable, there has been no material decline in the aggregate market value of the Company Investments.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Bisys Group Inc), Agreement and Plan of Merger (Bisys Group Inc), Agreement and Plan of Merger (Bisys Group Inc)

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Marketable Securities and Other Investments. Schedule 3.17 3.30 lists all of the marketable securities and other investments shown on included in the April 1997 Balance Sheet (the "Company Investments"), all of which are owned by the Company free and clear of any all liens, encumbrances or claims, except as shown disclosed in Schedule 3.173.30. The value of ascribed to each of the Company Investments shown on the April 1997 Balance Sheet reflect the fair market value thereof on the date of the April 1997 Balance Sheet, as applicableis in accordance with GAAP, and the Financial Statements are in conformity with the requirements of Financial Accounting Standards Board Statement No. 115. All of the Company Investments are readily marketable except as described in Schedule 3.17, and, since 3.30. Since the date of the April 1997 Balance Sheet, as applicable, there has been no material decline in the aggregate market value of the Company Investments.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bisys Group Inc), Agreement and Plan of Merger (Bisys Group Inc)

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Marketable Securities and Other Investments. Schedule 3.17 lists all of the marketable securities and other investments shown on the April 1997 Balance Sheet (the "Company Investments"), all of which are owned by the Company free and clear of any liens, encumbrances or claims, except as shown in Schedule 3.17. The value of each of the Company Investments shown on the April 1997 Balance Sheet reflect the fair market value thereof on the date of the April 1997 Balance Sheet, as applicable, and the Financial Statements are in conformity with the requirements of Financial Accounting Standards Board Statement No. 115. All of the Company Investments are readily marketable except as described in Schedule 3.17, and, since the date of the April 1997 Balance Sheet, as applicable, there has been no material decline in the aggregate market value of the Company Investments.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bisys Group Inc)

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