Subsidiary Payables Sample Clauses
Subsidiary Payables. All of the foregoing notwithstanding, the Parties agree that the ▇▇▇▇▇'▇ will continue to operate Grassfed on a going forward basis and shall be responsible for payment of the current Grassfed liabilities identified in Schedule B hereto, as well as all liabilities related to the operations of Grassfed including any loans, debts or accounts payable on a going forward basis until such time as Grassfed may no longer be a subsidiary of Greenfield.
Subsidiary Payables. The following is a list of Ultralife Corporation’s Subsidiary Payables as of the date of closing: ● Ultralife UK xxxxxxxxxx ● Able xxxxxxxxxxx ● Accutronics xxxxxxxxx The following represents Ultralife Corporation’s subsidiary receivables: ● Ultralife UK xxxxxxxxxxx ● Able xxxxxxxxxxxx ● Ultralife India xxxxxxxxx ● Accutronics xxxxxxxx The following represents Ultralife Corporation’s investment in subsidiaries: ● Ultralife UK xxxxxxxxxxxx ● Accutronics xxxxxxxxxxxx ● Able xxxxxxxxxxx ● India xxxxxxxxx Ultralife Corporation is incorporated and in good standing in the State of Delaware. Ultralife Corporation is not incorporated in any other state and has no subsidiaries with incorporations in other states. Ultralife Corporation is qualified to do business and in good standing in the following states: ● Florida ● New York ● Virginia