Common use of No Undisclosed Liabilities; Indebtedness Clause in Contracts

No Undisclosed Liabilities; Indebtedness. Except as set forth in Schedule 2-3.12, since the Financial Statement Date, the Company and the Subsidiaries have incurred no liabilities or obligations, whether known or unknown, asserted or unasserted, fixed or contingent, accrued or unaccrued, matured or unmatured, liquidated or unliquidated, or otherwise, other than liabilities and obligations that arose in the ordinary course of business and do not constitute a Material Adverse Effect. Except for indebtedness reflected in the Company’s Financial Statements and as set forth in Schedule 2-3.12 to the Disclosure Schedule, the Company has no indebtedness outstanding, fixed or contingent, as of the date hereof. The Company is not in default with respect to any outstanding indebtedness or any instrument relating thereto.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Tudor Investment Corp Et Al), Securities Purchase Agreement (Uni-Pixel), Securities Purchase Agreement (Uni-Pixel)

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No Undisclosed Liabilities; Indebtedness. Except as set forth in Schedule 2-3.12, since Since the Financial Statement Datedate of the Balance Sheet, the Company and the Subsidiaries have incurred no liabilities or obligations, whether known or unknown, asserted or unasserted, fixed or contingent, accrued or unaccrued, matured or unmatured, liquidated or unliquidated, or otherwise, except for liabilities or obligations that, individually or in the aggregate, do not or would not have a Material Adverse Effect and other than (a) liabilities and obligations that arose arising in the ordinary course of business and do not constitute a Material Adverse Effect(b) the liabilities and obligations set forth on Schedule 3.13 to the Disclosure Schedule. Except for indebtedness reflected in the Company’s Financial Statements and as set forth in Schedule 2-3.12 to the Disclosure ScheduleBalance Sheet, the Company has no indebtedness outstanding, fixed or contingent, outstanding as of the date hereof. The Company is not in default with respect to any outstanding indebtedness or any instrument relating thereto.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Motient Corp), Common Stock Purchase Agreement (Motient Corp)

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