Common use of No Undisclosed Liabilities, etc Clause in Contracts

No Undisclosed Liabilities, etc. Neither the Company nor any Company Subsidiary has any material liabilities or obligations of any nature (absolute, accrued, contingent or otherwise) which were not fully reflected or reserved against in the Balance Sheet, except for liabilities and obligations incurred in the ordinary course of business and consistent with past practice since the date thereof; and the reserves reflected in the Balance Sheet are adequate, appropriate and reasonable.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Nexsan Corp), Stock Purchase Agreement (Nexsan Corp)

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No Undisclosed Liabilities, etc. Neither the Company nor any ------------------------------- Company Subsidiary has any material liabilities or obligations of any nature (absolute, accrued, contingent or otherwise) which were not fully reflected or reserved against in the Balance Sheet, except for liabilities and obligations incurred in the ordinary course of business and consistent with past practice since the date thereof; and the reserves reflected in the Balance Sheet are adequate, appropriate and reasonable.

Appears in 1 contract

Samples: Acquisition Agreement (Second Stage Ventures Inc)

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No Undisclosed Liabilities, etc. Neither the Company nor any Company Subsidiary has any material liabilities or obligations of any nature (absolute, accrued, contingent or otherwise) which were not fully reflected or reserved against in the balance sheets included in the 2003 Form 10-KSB and the Form 8-K/A for an event of January 14, 2004 (the "Balance SheetSheets"), except for liabilities and obligations incurred in the ordinary course of business and consistent with past practice since the date thereof; thereof and the reserves reflected in the Balance Sheet Sheets are adequate, appropriate and reasonable.

Appears in 1 contract

Samples: Note Purchase Agreement (Distinctive Devices Inc)

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