Common use of No Liabilities and Claims Clause in Contracts

No Liabilities and Claims. Except as disclosed in Section 4.7 of Disclosure Schedule, there are no outstanding loans, amounts payable or any other liabilities between any Group Company and any Founder or any of his/her Affiliates or immediate family member. None of the Founder and his Affiliates or immediate family member have, may have or may claim to have any claims, obligations or liabilities against any Group Company.

Appears in 7 contracts

Samples: Series C Preferred Shares Purchase Agreement (Pinduoduo Inc.), Series C Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD), Series C Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)

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