Common use of No Liabilities Outstanding Clause in Contracts

No Liabilities Outstanding. None of the Companies will have any obligations or liabilities (contingent or otherwise) or unpaid xxxx to any third party as of the Closing Date.

Appears in 3 contracts

Samples: Purchase Agreement (Ricks Cabaret International Inc), Stock Purchase Agreement (Ricks Cabaret International Inc), Stock Purchase Agreement (Ricks Cabaret International Inc)

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No Liabilities Outstanding. None of the Companies The Company will have any no obligations or liabilities (contingent or otherwise) or unpaid xxxx to any third party as of the Closing Date.

Appears in 2 contracts

Samples: Purchase Agreement (Torchlight Energy Resources Inc), Purchase Agreement (Torchlight Energy Resources Inc)

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