Common use of No Undisclosed Liabilities or Events Clause in Contracts

No Undisclosed Liabilities or Events. The Company has no liabilities or obligations other than those disclosed in the Public Filings or those incurred in the ordinary course of the Company's business since the date of the balance sheet included in the Public Filings, or which individually or in the aggregate, do not or would not have a Material Adverse Effect. There are no proposals currently under consideration or currently anticipated to be under consideration by the Board of Directors or the executive officers of the Company which proposal would (y) change the certificate of incorporation or other charter document or by-laws of the Company, each as currently in effect, with or without shareholder approval, which change would reduce or otherwise adversely affect the rights and powers of the shareholders of the Common Stock or (z) materially or substantially change the business, assets or capital of the Company, including its interests in subsidiaries.

Appears in 4 contracts

Samples: Securities Purchase Agreement, Subscription Agreement (Network 1 Financial Group, Inc.), Subscription Agreement (Network 1 Financial Group, Inc.)

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