Common use of Outstanding Indebtedness; Liens Clause in Contracts

Outstanding Indebtedness; Liens. (a) Schedule 3.17(a) sets forth and identifies in reasonable detail all individual items of outstanding short-term and long-term Indebtedness of the Company and its Subsidiary in excess of $25,000 incurred or otherwise not listed on the most recent financial statement received by the Purchasers, including all notes issued by the Company or its Subsidiary to finance the acquisition of real or personal property, prior to and after giving effect to the transactions contemplated by this Agreement. (b) Except as set forth on Schedule 3.17(b), there are no Liens outstanding on the date hereof and there will be no Liens outstanding as of the Closing on any property or asset of the Company or its Subsidiary.

Appears in 2 contracts

Samples: Preferred Stock Exchange and Purchase Agreement (Us Search Corp Com), Purchase Agreement (Us Search Corp Com)

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Outstanding Indebtedness; Liens. (a) Schedule 3.17(a3.16(a) sets forth and identifies in reasonable detail all individual items of outstanding short-term and long-term Indebtedness of the Company and its Subsidiary Screening Services in excess of $25,000 incurred or otherwise not listed on the most recent financial statement received by the Purchasers, including all notes issued by the Company or its Subsidiary Screening Services to finance the acquisition of real or personal property, prior to and after giving effect to the transactions contemplated by this Agreement. (b) Except as set forth on Schedule 3.17(b3.16(b), there are no Liens outstanding on the date hereof and there will be no Liens outstanding as of the Closing on any property or asset of the Company or its SubsidiaryScreening Services.

Appears in 1 contract

Samples: Purchase Agreement (Us Search Corp Com)

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Outstanding Indebtedness; Liens. (a) Schedule 3.17(a3.19(a) sets forth and identifies in reasonable detail all individual items of outstanding short-term and long-term Indebtedness of the Company and each of its Subsidiary Subsidiaries in excess of $25,000 50,000 incurred after or otherwise not listed on the most recent audited financial statement statements of the Company as at and for the year ended December 31, 2000 received by the Purchasers, including all notes issued by the Company or its Subsidiary Subsidiaries to finance the acquisition of real or personal property, prior to and after giving effect to the transactions contemplated by this Agreement. (b) Except as set forth on Schedule 3.17(b3.19(b), there are no Liens outstanding on the date hereof and there will be no Liens outstanding as of the Closing on any property or asset of the Company or any of its SubsidiarySubsidiaries.

Appears in 1 contract

Samples: Stock Purchase Agreement (Priceline Com Inc)

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