Provision for Liabilities. (a) Full provision has been made in the Financial Statements for all actual liabilities of the Group outstanding at the Balance Sheet Date and proper provision (or note) in accordance with HKFRS at the time they were audited has been made therein for all other liabilities of the Group then outstanding in relation to the Business (whether contingent, quantified, disputed or not). (b) Full provision has been made in the Interim Statements and the Management Accounts for all actual liabilities of the Group outstanding at the Interim Balance Date and the Management Accounts Date respectively, and proper provision (or note) in accordance with HKFRS has been made therein for all other liabilities of the Group then outstanding in relation to the Business (whether contingent, quantified, disputed or not). (c) No member of the Group has any material liabilities except for: (i) liabilities set forth on the face of the Financial Statements; and (ii) liabilities incurred in the ordinary course of business since the Balance Sheet Date (none of which results from, arises out of or relates to any breach or violation of, or default under, any obligations under any contract to which such member of the Group is a party or any applicable Law).
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Samples: Subscription Agreement, Subscription Agreement, Subscription Agreement