Common use of No Undisclosed Liabilities or Obligations Clause in Contracts

No Undisclosed Liabilities or Obligations. Public Corporation has no obligations or liabilities of any nature (absolute, accrued, contingent or otherwise, and whether due or to become due, herein "liabilities") except (i) liabilities which are fully reflected or reserved against the Public Corporation Balance Sheet, which reserves are appropriate and reasonable, (ii) liabilities incurred in the ordinary course of business and consistent with past practice since the date of the Public Corporation Balance Sheet; and (iii) as otherwise set forth in paragraph 3.08 of the Public Corporation Disclosure Schedule.

Appears in 4 contracts

Samples: Merger Agreement (Stone Field Management Co), Merger Agreement (Achievement Investments Inc), Merger Agreement (Inid Corp)

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