Common use of Outstanding Debt; Absence of Liabilities Clause in Contracts

Outstanding Debt; Absence of Liabilities. Neither the Company nor any of its subsidiaries (i) has any outstanding indebtedness for borrowed money except as reflected in the Financial Statements and (ii) except as reflected, is a guarantor or otherwise contingently liable on such indebtedness of any other person or entity. Except as set forth in Schedule 3.5, neither the Company nor any of its subsidiaries has any material liabilities or obligations, contingent or otherwise, which are not reflected or provided for in the Financial Statements.

Appears in 2 contracts

Samples: Purchase Agreement (Specialized Health Products International Inc), Purchase Agreement (Specialized Health Products International Inc)

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Outstanding Debt; Absence of Liabilities. Neither the The Company nor any of its subsidiaries (i) has any no outstanding indebtedness for borrowed money except as reflected in the Financial Statements and (ii) except as reflected, is not a guarantor or otherwise contingently liable on such indebtedness of any other person or entityPerson except as reflected in the Financial Statements and the notes thereto. Except as set forth in Schedule 3.5, neither the The Company nor any of its subsidiaries has any no material liabilities or obligationsliabilities, contingent or otherwise, which are not reflected or provided for in the Financial Statements.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Megaworld Inc)

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Outstanding Debt; Absence of Liabilities. Neither the The Company nor any of its subsidiaries (i) has any no outstanding indebtedness for borrowed money except as reflected in the Financial Statements or the Schedule of Exceptions and (ii) except as reflected, is not a guarantor or otherwise contingently liable on such indebtedness of any other person or entityPerson. Except as set forth in the Schedule 3.5of Exceptions, neither the Company nor any of its subsidiaries has any no material liabilities or obligationsliabilities, contingent or otherwise, which are not reflected or provided for in the Financial Statements.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Control Delivery Systems Inc/Ma)

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