No Unrelated Liabilities. As of the Closing Time, neither the Company nor any of its Subsidiaries will have any liability unrelated to the business or operations conducted by the Company and its Subsidiaries which could reasonably be expected to have a Material Adverse Effect. Neither the Company nor any of its Subsidiaries has made, or will prior to the Closing Time make, any payment with respect to any such liability.
Appears in 2 contracts
Samples: Purchase Agreement (Terremark Worldwide Inc), Purchase Agreement (Terremark Worldwide Inc)
No Unrelated Liabilities. As of the Closing TimeClosing, neither the Company nor any of its Subsidiaries will have any liability unrelated to the business or operations conducted by the Company and its Subsidiaries which could reasonably be expected to have a Material Adverse EffectSubsidiaries. Neither the Company nor any of its Subsidiaries has since June 30, 2003 made, or and will not prior to the Closing Time make, any payment with respect to any such liability.
Appears in 2 contracts
Samples: Exchange Agreement (Check Mart of New Mexico Inc), Exchange Agreement (Check Mart of New Mexico Inc)
No Unrelated Liabilities. As of the Closing Time, neither the Company nor any of its Subsidiaries will have any liability unrelated to the business or operations conducted by the Company and its Subsidiaries which could reasonably be expected to have a Material Adverse EffectSubsidiaries. Neither the Company nor any of its Subsidiaries has made, or and will not prior to the Closing Time make, any payment with respect to any such liability.
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