Common use of No Financial Obligations Clause in Contracts

No Financial Obligations. Immediately prior to the Closing, the Company shall have no material liabilities or obligations, other than as set forth in Section 5.10 hereof.

Appears in 3 contracts

Samples: Securities Exchange Agreement (Globalwise Investments Inc), Agreement and Plan of Merger (Wentworth I Inc), Agreement and Plan of Merger (Wentworth I Inc)

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No Financial Obligations. Immediately prior to the Initial Closing, the Company shall have no material liabilities or obligations, other than as set forth in Section 5.10 hereof.

Appears in 2 contracts

Samples: Securities Exchange Agreement (Suncrest Global Energy Corp), Securities Exchange Agreement (Henderson J Sherman Iii)

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No Financial Obligations. Immediately prior to the Closing, the Company shall have no material liabilities or obligations, other than as set forth in Section 5.10 SECTION 6.11 hereof.

Appears in 1 contract

Samples: Exchange Agreement (Ezcomm Inc)

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