No Liabilities or Obligations. Except as reflected on the Financial Statements Seller has no liabilities or obligations to any beneficiaries, governmental authorities, or any other parties arising out of or relating to any employee claims.
No Liabilities or Obligations. Except as contemplated in the Prospectus, subsequent to the respective dates as of which information is given in the Registration Statement and the Prospectus, the Company, the Partnership and the Subsidiaries have not incurred any liabilities or obligations, direct or contingent; or entered into any transactions, not in the ordinary course of business, that are material to the Company, the Partnership and the Subsidiaries on a consolidated basis; and there has not been any material change in the capital stock or structure, short-term debt or long-term debt of the Company, the Partnership and the Subsidiaries; or any Material Adverse Effect; and, except for regular dividends on the Company’s Common Stock, in amounts per share that are consistent with past practice or the charter documents of the Company and the minimum dividends required by the Company’s Charter, as amended, or the Preferred Stock, there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of its capital stock.
No Liabilities or Obligations. Except as described in Schedule 2.12 of the Company Disclosure Schedules or the Company’s Financial Statements, upon the Closing Date, the Company will have no debt, liabilities or obligations of any kind whatsoever other than (i) liabilities and obligations reflected in the Company Financial Statements; (ii) accounts payable incurred in the ordinary course of business since the date of the last balance sheet reflected in the Company Financial Statements, none of which are material in nature or exceed $10,000, in the aggregate; and (iii) liabilities and obligations with respect to the transactions contemplated hereby and pursuant to the Financing.
No Liabilities or Obligations. Except as reflected on the Financial Statements, the Company has no liabilities or obligations to any beneficiaries, governmental authorities, or any other parties arising out of or relating to the Employee Plans.
No Liabilities or Obligations. Except as reflected on the Financial Statements, Seller has no liabilities or obligations to any Beneficiaries, governmental authorities or any other parties arising out of or relating to the Plans.
No Liabilities or Obligations. Investor warrants that it has not incurred any liabilities or obligations on behalf of the JVC, other than liabilities or obligations required by German law.
No Liabilities or Obligations. Save and except for liabilities and obligations described in or otherwise incurred in connection with the transactions contemplated by the Merger Agreement and the Stock Purchase Agreement, Lifetime has not, since its inception, engaged in any business activities or incurred any liabilities or obligations of any kind or description, whether contingent liabilities or liabilities required to be set forth on a balance sheet prepared in accordance with GAAP.
No Liabilities or Obligations. The Purchaser has no liabilities or other obligations (whether known or unknown, whether absolute, accrued or contingent, whether liquidated or unliquidated and whether due or to become due) other than those arising under this Agreement and the GoFiber Purchase Agreement and will have no liabilities immediately following the Closing except for the Assumed Liabilities and the liabilities assumed under the GoFiber Purchase Agreement. Without limiting the generality of the foregoing, BOC has no claim against the Purchaser for contribution, capital account credit, reimbursement or indemnification from the Purchaser with respect to any attorney fees or other expenses, payments or contributions arising in connection with this Agreement, the negotiation thereof, the investigation of the Seller or the Acquired Assets, or the formation of the Company. BOC has paid or will pay without reimbursement from the Purchaser all attorney fees and other expenses incurred by it associated therewith. Purchaser has not incurred any attorney fees or other expenses.
No Liabilities or Obligations. Except as reflected on the ----------------------------- Financial Statements, the Sellers have no liabilities or obligations to any Beneficiaries, governmental authorities, or any other parties arising out of or relating to the Plans.
No Liabilities or Obligations. ● The information included in Schedule 3(l) have not been included in any of the Company’s SEC Documents since the information contained therein relates to periods for which no SEC report is yet due, and public disclosure is not otherwise required. ● Indebtedness under the Outstanding Debentures issued pursuant to the January 2006 SPA, the June 2006 SPA and the November 2006 SPA, each of which will be exchanged for Debentures at the closing of this transaction. On March 5, 2007, M.A. Xxxxxxx and Xxxxx Xxxxxxx Xxxxxxx filed suit against us and our wholly-owned subsidiary, Maverick Xxxxxxxx County, LLC (“Xxxxxxxx County”), in the Circuit Court of Cross County, Arkansas. The plaintiffs have asserted damages of approximately $1.2 million based upon their allegation that Xxxxxxxx County failed to perform under the terms of an agreement to lease their acreage in Saint Xxxxxxx and Xxxxxxxx Counties within Arkansas. We have recently filed an answer denying certain of the claims and asserting certain affirmative defenses. However, we are presently unable to predict with any certainty the outcome of this matter in view of the early stage of the proceeding. On June 5, 2000, Xxxxx Xxxxxxxx, Inc. filed a civil action against Maverick Operating Company, LLC in the Circuit Court of Pulaski County, Arkansas, seeking damages of approximately $1.6 million in connection with work performed by Union Drilling on the Fayetteville project. The Company does not dispute the amount due and owing, and is in the process of attempting to secure an amicable settlement of the matter. However, any settlement will require a cash payment to Union Drilling which the Company does not presently have. From time to time Fayetteville vendors and landowers the Company owes money to have threatened to commence litigation to collect the amounts owed to them. None.
