Common use of No Assets and Liabilities Clause in Contracts

No Assets and Liabilities. At the Closing, Pubco shall have no liabilities, debts or payables (contingent or otherwise) other than those liabilities listed in Schedule 4.34 of the disclosure schedules hereto, no tax obligations, no material assets, and except as contemplated in this Agreement, no material changes to its business or financial condition shall have occurred since the date of this Agreement.

Appears in 6 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement (Pineapple Express, Inc.), Share Exchange Agreement (Soul & Vibe Interactive Inc.)

AutoNDA by SimpleDocs

No Assets and Liabilities. At the Closing, Pubco shall have no liabilities, debts or payables (contingent or otherwise) other than those liabilities listed in Schedule 4.34 of the disclosure schedules hereto), no tax obligations, no material assets, and except as contemplated in this Agreement, no material changes to its business or financial condition shall have occurred since the date of this Agreement.

Appears in 1 contract

Samples: Share Exchange Agreement (Xtreme Link, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!