Common use of Payments and Compliance Clause in Contracts

Payments and Compliance. With respect to each Employee Plan/Agreement, all payments due from the Company to date have been made and all amounts properly accrued to date as liabilities of the Company which have not been paid, have been properly recorded on the books of the Company and to the extent they relate to employees employed by the Company as of the date thereof, are reflected in the Company Statements in such detail as required by the format of those Statements.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Valiant Health Care, Inc.), Stock Purchase Agreement (O2wireless Solutions Inc)

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Payments and Compliance. With respect to each Employee Plan/Agreement, all payments due from the Company to date have been made and all amounts properly accrued to date as liabilities of the Company which have not been paid, paid have been properly recorded on the its books of the Company and to the extent they relate to employees employed by the Company as of the date thereof, are reflected in the Company Statements in such detail as required by the format of those Statements.

Appears in 1 contract

Samples: Stock Purchase Agreement (O2wireless Solutions Inc)

Payments and Compliance. With respect to each Employee Plan/Agreement, all payments due from the Company to date have been made and all amounts properly accrued to date as liabilities of the Company which have not been paid, paid have been properly recorded on the books of the Company and to the extent they relate to employees employed by the Company as of the date thereof, are reflected in the Company Statements in such detail as required by the format of those Statements.

Appears in 1 contract

Samples: Stock Purchase Agreement (O2wireless Solutions Inc)

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Payments and Compliance. With respect to each Employee Plan/Agreement, all payments due from the Company to date have been made and all amounts properly accrued to date as liabilities Liabilities of the Company which have not been paid, paid have been properly recorded on the books of the Company and to the extent they relate to employees employed by the Company as of the date thereof, are reflected in the Company Statements in such detail as required by the format of those StatementsRecent Balance Sheet.

Appears in 1 contract

Samples: Asset Purchase Agreement (Northland Cranberries Inc /Wi/)

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