Material Liabilities. The Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with generally accepted accounting principles.
Material Liabilities. Except for liabilities disclosed in the Financial Statements or the SEC Reports, and obligations under the Other Agreements, the Corporation and its subsidiaries have no material liabilities or obligations, absolute or contingent, other than liabilities arising in the ordinary course of business subsequent to the date of the most recent of the Financial Statements.
Material Liabilities. The Company has no material liabilities or obligations, absolute or contingent (individually or in the aggregate) except (a) the liabilities and obligations set forth in the Financial Statements, (b) liabilities and obligations which have been incurred subsequent to June 30, 1998, in the ordinary course of business which have not been in the aggregate materially adverse, (c) liabilities and obligations under lease for its principal offices and for equipment, and (d) liabilities and obligations under sales, procurement and other contracts and arrangements entered into in the normal course of business.
Material Liabilities. The sole outstanding material liabilities of the Borrower are set forth on Schedule 3.5 annexed hereof.
Material Liabilities. The sole outstanding material liabilities of the Company are set forth on Schedule 3.1(ff) .
Material Liabilities. The Borrower and its Subsidiaries have no material liabilities, direct or contingent, except: (i) those disclosed in the Financial Statements, and (ii) those arising in the ordinary course of business since the date of such Financial Statements which have in the aggregate no Material Adverse Effect.
Material Liabilities. Except as reflected in the Financial Statements (as defined in Section 2.18 below), the Company has no material liability or obligation, absolute or contingent (known or unknown) except (i) obligations and liabilities incurred after the Statement Date (as defined herein) incurred in the Company’s ordinary course of business that are not material, individually or in the aggregate, to the Company and (ii) obligations under agreements or arrangements made in the Company’s ordinary course of the business but solely to the extent set forth on Schedule 2 pursuant to Section 2.12.
Material Liabilities. Except as set forth on Exhibit 2.15, or to the extent reflected or reserved against on the Balance Sheet, Seller did not have, as of the Balance Sheet Date, and has not incurred since that date, any material uninsured liabilities or obligations of any nature, whether accrued, absolute, contingent or otherwise, and whether due or to become due which would have a Material Adverse Effect, other than those incurred in the ordinary course of business. Except as set forth on Exhibit 2.15, Seller and Shareholders do not know, or have reasonable grounds to know, of any basis for the assertion against Seller as of the Balance Sheet Date, of any material claim or liability of any nature in any amount not fully reflected or reserved against on the Balance Sheet, or of any material uninsured claim or liability of any nature arising since that date which would have a Material Adverse Effect other than those incurred in the ordinary course of business or contemplated by this Agreement.
Material Liabilities. Neither any Seller nor the Company has any material liabilities, obligations or commitments of the type required to be reflected on a balance sheet prepared in accordance with past accounting practices of the Company, except: (a) those that are reflected or reserved against in the Interim Financial Statements, and (b) those that have been incurred in the Ordinary Course of Business since the date of the Interim Statement of Assets, Liabilities and Owners’ Equity.
Material Liabilities. The Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except obligations and liabilities already listed in its financial statements. The Company has no secured liabilities or obligations. All of the Company’s liabilities and obligations for indebtedness including, but not limited to liabilities and obligations for indebtedness due to Sxxxxx Xxxxxx and his affiliates, are unsecured and will be pari passu with the Notes.
