Non-Tax Liabilities Sample Clauses
The Non-Tax Liabilities clause defines the responsibilities and obligations of the parties regarding liabilities that are not related to taxes. This clause typically clarifies that each party remains responsible for any debts, damages, or obligations arising from their own actions or omissions, excluding those specifically categorized as tax liabilities. For example, it may address liabilities such as contractual breaches, property damage, or third-party claims. The core function of this clause is to allocate risk by ensuring that non-tax-related liabilities are clearly separated from tax obligations, thereby preventing confusion and disputes over who is responsible for various types of liabilities under the agreement.
Non-Tax Liabilities. WWR does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the WWR Financial Statements; and
ii. Other liabilities arising since March 31, 2010 and prior to the date of this Agreement in the ordinary course of business (which shall not include liabilities to customers on account of defective products or services) as set forth in Section “5I” of Exhibit “G” which are not inconsistent with the representations and warranties of WWR or any other provision of this Agreement.
Non-Tax Liabilities. PharmaHub does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the PharmaHub Financial Statements; and
ii. Other liabilities arising since March 31, 2010 and prior to the date of this Agreement in the ordinary course of business (which shall not include liabilities to customers on account of defective products or services) as set forth in Section “6I” of the PharmaHub Disclosure Statement which is annexed hereto as Exhibit “M” which are not inconsistent with the representations and warranties of PharmaHub or any other provision of this Agreement.
Non-Tax Liabilities. Corporate does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the Corporate Financial Statements; and
ii. Other liabilities arising since inception and prior to the date of this Agreement in the ordinary course of business as set forth in Section “6I” of the Corporate Disclosure Statement which is annexed hereto as Exhibit “F” which are not inconsistent with the representations and warranties of Corporate or any other provision of this Agreement.
Non-Tax Liabilities. Fastfix does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the Fastfix Financial Statements; and
ii. Other liabilities arising since December 31, 2010 and prior to the date of this Agreement in the ordinary course of business (which shall not include liabilities to customers on account of defective products or services) as set forth in Section “6I” of the Fastfix Disclosure Statement which is annexed hereto as Exhibit “I” which are not inconsistent with the representations and warranties of Fastfix or any other provision of this Agreement.
Non-Tax Liabilities. Aclor does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the Aclor Financial Statements; and
ii. Other liabilities arising since December 31, 2010 and prior to the date of this Agreement in the ordinary course of business (which shall not include liabilities to customers on account of defective products or services) as set forth in Section “7I” of Exhibit “L” which are not inconsistent with the representations and warranties of Aclor or any other provision of this Agreement.
Non-Tax Liabilities. Continuity does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the Continuity Financial Statements; and
ii. Other liabilities arising since inception and prior to the date of this Agreement in the ordinary course of business (which shall not include liabilities to customers on account of defective products or services) as set forth in Section “6I” of the Continuity Disclosure Statement which is annexed hereto as Exhibit “F” which are not inconsistent with the representations and warranties of Continuity or any other provision of this Agreement.
Non-Tax Liabilities. Other than set forth in the Blue Sky Financial Statements, Blue Sky does not have any liabilities of any nature, accrued or contingent, arising since June 30, 2008 and prior to the date of this Agreement in the ordinary course of business (which are not inconsistent with the representations and warranties of Blue Sky or any other provision of this Agreement.)
Non-Tax Liabilities. Madison does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the Madison Financial Statements; and
ii. Other liabilities arising since December 31, 2010 and prior to the date of this Agreement in the ordinary course of business (which shall not include liabilities to customers on account of defective products or services) as set forth in Section “8I” of Exhibit “M” which are not inconsistent with the representations and warranties of Madison or any other provision of this Agreement.
Non-Tax Liabilities. EDUtoons does not have any liabilities of any nature, accrued or contingent, including, but not limited to, liabilities to customers or suppliers, other than the following:
i. Liabilities for which full provision has been made on the EDUtoons Financial Statements; and
ii. Other liabilities arising since inception and prior to the date of this Agreement in the ordinary course of business (which shall not include liabilities to customers on account of defective products or services) as set forth in Section “8I” of Exhibit “J” which are not inconsistent with the representations and warranties of EDUtoons or any other provision of this Agreement.
Non-Tax Liabilities. Whitemark does not have any liabilities of any nature, accrued or contingent, other than the following:
(i) Liabilities for which full provision has been made on the Whitemark Financial Statements; and
(ii) Liabilities for professional fees and other expenses incurred in the ordinary course of business.