Common use of Notification of Financial Liabilities Clause in Contracts

Notification of Financial Liabilities. The Target and the Target Shareholder shall immediately notify the Purchaser in accordance with Section 13.4 hereof, if the Target receives any advice or notification from its independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts, properties, assets, Liabilities, revenues, or expenses of the Target.

Appears in 5 contracts

Samples: Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.)

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Notification of Financial Liabilities. The Target Shareholder and the Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 hereof, if the Target receives any advice or notification from its independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accountsaccounts of the Target, any properties, assets, Liabilities, revenues, or expenses of the Targetexpenses.

Appears in 2 contracts

Samples: Share Exchange Agreement (Qwick Media Inc.), Share Exchange Agreement

Notification of Financial Liabilities. The Target Shareholders and the Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 14.4 hereof, if the Target receives any advice or notification from its independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accountsaccounts of the Target, any properties, assets, Liabilities, revenues, or expenses of the Targetexpenses.

Appears in 2 contracts

Samples: Share Exchange Agreement (ALKALINE WATER Co INC), Share Exchange Agreement (Teckmine Industries Inc.)

Notification of Financial Liabilities. The Target Shareholders and the Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 hereof, if the Target receives any advice or notification from its independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accountsaccounts of the Target, any properties, assets, Liabilities, revenues, or expenses of the Targetexpenses.

Appears in 1 contract

Samples: Share Exchange Agreement (Global System Designs, Inc.)

Notification of Financial Liabilities. The Target and the each Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 12.4 hereof, if the Target receives they receive any advice or notification from its the Target’s independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts, any properties, assets, Liabilities, revenues, or expenses in the books, records, and accounts of the Target.

Appears in 1 contract

Samples: Securities Exchange Agreement

Notification of Financial Liabilities. The Target Securityholders and the Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 hereof, if the Target receives any advice or notification from its independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accountsaccounts of the Target, any properties, assets, Liabilities, revenues, or expenses of the Targetexpenses.

Appears in 1 contract

Samples: Share Exchange Agreement (REVENUE.COM Corp)

Notification of Financial Liabilities. The Target and the each Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 hereof, if the Target receives they receive any advice or notification from its the Target's independent certified public accountants that the Target or any Target Predecessor has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts, any properties, assets, Liabilities, revenues, or expenses in the books, records, and accounts of the TargetTarget or any Target Predecessor.

Appears in 1 contract

Samples: Share Exchange Agreement (Be at TV, Inc.)

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Notification of Financial Liabilities. The Target and the Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 15.4 hereof, if the Target receives they receive any advice or notification from its the Target’s independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting any Target Assets, Liabilities, revenues, or expenses in the books, records, and accounts, properties, assets, Liabilities, revenues, or expenses accounts of the Target.

Appears in 1 contract

Samples: Securities Exchange Agreement

Notification of Financial Liabilities. The Target and the Target Shareholder shall will immediately notify the Purchaser in accordance with Section 13.4 12.4 hereof, if the Target receives they receive any advice or notification from its the Target’s independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting in the books, records, and accounts, any properties, assets, Liabilities, revenues, or expenses in the books, records, and accounts of the Target.

Appears in 1 contract

Samples: Merger Agreement

Notification of Financial Liabilities. The Target and the each Target Shareholder shall Vendor will immediately notify the Purchaser in accordance with Section 13.4 hereof, if the Target receives they receive any advice or notification from its the Target’s independent certified public accountants that the Target has used any improper accounting practice that would have the effect of not reflecting or incorrectly reflecting any Target Assets, Liabilities, revenues, or expenses in the books, records, and accounts, properties, assets, Liabilities, revenues, or expenses accounts of the Target.

Appears in 1 contract

Samples: Share Exchange Agreement

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