Common use of NO INTERCOMPANY PAYABLES OR RECEIVABLES Clause in Contracts

NO INTERCOMPANY PAYABLES OR RECEIVABLES. Except as disclosed on Schedule 5.5 hereto, at the Closing there will be no intercompany payables or intercompany receivables due and/or owing between the Stockholders and their Affiliates (other than the Companies) on the one hand, and the Companies, on the other hand, other than those incurred in the ordinary course of business and disclosed in the Notes to the Company Financial Statements.

NO INTERCOMPANY PAYABLES OR RECEIVABLES. Except as disclosed on Schedule 5.5 hereto, at the Closing there will be no intercompany payables or intercompany receivables due and/or owing between the Stockholders and their his Affiliates (other than the Companies) on the one hand, and the Companies, on the other hand, other than those incurred in the ordinary course of business and disclosed in the Notes to the Company Financial Statements.

NO INTERCOMPANY PAYABLES OR RECEIVABLES. Except as disclosed on Schedule 5.5 hereto5.4, at the Closing there will be no intercompany payables or intercompany receivables due and/or owing between the Stockholders Stockholder and their its Affiliates (other than the CompaniesCompany) on the one hand, and the CompaniesCompany, on the other hand, other than those incurred in the ordinary course of business and generally disclosed in the Notes to the Company Financial Statements.