No Other Liabilities. Except as set forth in Schedule 3.1(o), neither the Company nor any Subsidiary of the Company will have any material liability, whether absolute, accrued, contingent or otherwise, except liabilities (i) reflected on the consolidated balance sheet of the Company and its Subsidiaries as at March 31, 1997, or (ii) liabilities that (1) are incurred by the Company and its Subsidiaries after March 31, 1997 in the ordinary course of business and (2) could not reasonably be expected to have a Material Adverse Effect.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Prudential Insurance Co of America), Stock Purchase Agreement (Prudential Insurance Co of America), Stock Purchase Agreement (Prudential Insurance Co of America)
No Other Liabilities. Except as set forth in Schedule SCHEDULE 3.1(o), neither the Company nor any Subsidiary of the Company will have any material liability, whether absolute, accrued, contingent or otherwise, except liabilities (i) reflected on the consolidated balance sheet of the Company and its Subsidiaries as at March 31, 1997, or (ii) liabilities that (1) are incurred by the Company and its Subsidiaries after March 31, 1997 in the ordinary course of business and (2) could not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Stock Purchase Agreement (Meridian Industrial Trust Inc)
