Common use of Notification of Financial Liabilities Clause in Contracts

Notification of Financial Liabilities. Priveco and Pubco will immediately notify the other in accordance with Section 10.6 hereof, if either party receives any advice or notification from its independent certified public accounts that the other party has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts of such party, any properties, assets, Liabilities, revenues, or expenses. Notwithstanding any statement to the contrary in this Agreement, this covenant will survive Closing and continue in full force and effect.

Appears in 16 contracts

Samples: Share Exchange Agreement (United Express Inc.), The Merger Agreement (Fresh Promise Foods, Inc.), Share Exchange Agreement (Iconic Brands, Inc.)

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Notification of Financial Liabilities. Priveco and Pubco will immediately notify the other in accordance with Section 10.6 hereof, if either party receives any advice or notification from its independent certified public accounts that the other party has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts of such party, any properties, assets, Liabilities, revenues, or expenses. Notwithstanding any statement to the contrary in this Agreement, this covenant will survive Closing and continue in full force and effect.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tierra Grande Resources Inc.)

Notification of Financial Liabilities. Priveco and Pubco will immediately notify the other in accordance with Section 10.6 10.7 hereof, if either party receives any advice or notification from its independent certified public accounts that the other party has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts of such party, any properties, assets, Liabilities, revenues, or expenses. Notwithstanding any statement to the contrary in this Agreement, this covenant will survive Closing and continue in full force and effect.

Appears in 1 contract

Samples: Share Exchange Agreement (Solei Systems, Inc.)

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Notification of Financial Liabilities. Priveco Priveco, on the one hand, and Pubco Pubco, on the other hand, will immediately notify the other other, as the case may be, in accordance with Section 10.6 hereof, if either party receives any advice or notification from its independent certified public accounts that the other party it has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the its books, records, and accounts of such partyaccounts, any properties, assets, Liabilities, revenues, or expenses. Notwithstanding any statement to the contrary in this Agreement, this covenant will survive Closing and continue in full force and effect.

Appears in 1 contract

Samples: Share Exchange Agreement (Kitcher Resources Inc.)

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