NO UNDISCLOSED LIABILITIES definition

NO UNDISCLOSED LIABILITIES. The amount of liabilities and Debt referenced in Section 12.19 of the Agreement is Twenty-Five Thousand and no/100 Dollars ($25,000.00).

NO UNDISCLOSED LIABILITIES. Except as set forth in Part 3.10 of the Disclosure Schedule, neither Seller nor Seller's predecessor has any material liabilities or obligations of any nature relating to the Purchased Assets.

NO UNDISCLOSED LIABILITIES. Except as set forth in the Seller's Balance Sheet included in the Unaudited Financial Statements as Exhibit B, the Seller has no material debts, liabilities or obligations, known or unknown, contingent or absolute, in excess of $1,000, except those arising in the ordinary course of business of the Seller and consistent with past practice. 3.7 ACTIONS SINCE THE SELLER'S BALANCE SHEET: Except as set forth and reflected in this Agreement, since the date of the Seller's Balance Sheet, the Seller has not: 3.

Examples of NO UNDISCLOSED LIABILITIES in a sentence

• RELATING TO THE TRANSFERRED ASSETS 21 SECTION 4.01 BUSINESS FINANCIAL INFORMATION 21 SECTION 4.02 NO UNDISCLOSED LIABILITIES; NO MATERIAL ADVERSE EFFECT; ABSENCE OF CHANGES.

• SCHEDULE 2.1(I) NO UNDISCLOSED LIABILITIES ROBERT PETTY NOTE PURCHASE AGREXXXXX: On May 18, 2005, the Company entered into a note purchase agreement with Robert Petty, the Company's Xxxxxxxx xnd Chief Executive Officer.

• NO UNDISCLOSED LIABILITIES Except as set forth in Part 3.13, Seller has no Liability except for Liabilities reflected or reserved against in the Balance Sheet and current liabilities incurred in the Ordinary Course of Business of Seller since the date of the Balance Sheet.

• NO CONFLICT; REQUIRED FILINGS AND CONSENTS 7 SECTION 3.4. PUBLIC FILINGS; FINANCIAL STATEMENTS 9 SECTION 3.5. NO UNDISCLOSED LIABILITIES 10 SECTION 3.6. ABSENCE OF CERTAIN CHANGES OR EVENTS 10 SECTION 3.7. TAXES 11 SECTION 3.8. REAL PROPERTY 13 SECTION 3.9. TITLE TO PERSONAL PROPERTY; LIENS 15 SECTION 3.10.

• NO UNDISCLOSED LIABILITIES On the Closing Date, there are no material liabilities or debts of Ayre of any kind whatsoever, whether accrued, contingent, absolute, determined, determinable or otherwise, and there is no existing condition, situation or set of circumstances which could reasonably be expected to result in such a liability or debt.

More Definitions of NO UNDISCLOSED LIABILITIES

NO UNDISCLOSED LIABILITIES. Except as set forth in the Company Balance sheet included in the Audited Financial Statements or as set forth in SCHEDULE 3.6, the Company has no material debts, liabilities or obligations, known or unknown, contingent or absolute, except those arising in the ordinary course of business of the Company and consistent with past practice.

NO UNDISCLOSED LIABILITIES. The amount of liabilities and Indebtedness referenced in Section 12.19 of the Agreement is ONE MILLION AND NO/100 DOLLARS ($1,000,000.00).

NO UNDISCLOSED LIABILITIES. Except as set forth in the Purchaser's Balance Sheet included in the Unaudited Financial Statements as Exhibit B, the Purchaser has no material debts, liabilities or obligations, known or unknown, contingent or absolute, in excess of $1,000, except those arising in the ordinary course of business of the Purchaser and consistent with past practice. 4.8 LITIGATION, COMPLIANCE WITH LAW: There are no pending or threatened actions, suits, proceedings or governmental investigations or reviews relating to the Purchaser or any of its properties, assets or business or, to the knowledge of the Purchaser, any order, injunction, award or decree outstanding, against the Purchaser or against or relating to any of its properties, assets or business; and the Purchaser, after reasonable inquiry, knows of no basis for any such action, suits or proceedings or any such governmental investigations, reviews, orders, injunctions or decrees, with the exception of the counter suit filed by former Directors and Officers of BSW, formally a wholly owned subsidiary of the Purchaserto the knowledge of the Purchaser, the Purchaser is not in violation of any material law, regulation, ordinance, order, injunction, decree, award, or other requirement of any governmental body, court or arbitrator relating to its properties, assets or business.

NO UNDISCLOSED LIABILITIES. Except as set forth in the Disclosure Schedule, and except for: (i) liabilities which are disclosed or adequately provided for in the Financial Statements; (ii) liabilities incurred in the ordinary course of business of the Purchased Entities subsequent to September 30, 2002; and (iii) liabilities as a result of transactions contemplated by this Agreement; each Purchased Entity has no liabilities which would be required by GAAP to be disclosed in the financial statements of such Purchased Entity and which in the aggregate are material to the business, financial condition and results of operations of such Purchased Entity, taken as a whole.

NO UNDISCLOSED LIABILITIES. Except as set forth in Schedule 4.23, other than Debts, liabilities or obligations arising in the ordinary course of business since March 31, 2007, the Corporation has no Debts, liabilities or obligations of any nature relative to the Business and Corporate Assets (whether absolute, accrued, contingent, or otherwise) that would be required to be reflected on the balance sheet of the Corporation prepared in accordance with GAAP. Seller has paid and satisfied all vendors and suppliers to the Business, except for payment not yet due and payable.

NO UNDISCLOSED LIABILITIES. Except as set forth in the Purchaser's Balance Sheet included in the Unaudited Financial Statements as Exhibit B, the Purchaser has no material debts, liabilities or obligations, known or unknown, contingent or absolute, in excess of $1,000, except those arising in the ordinary course of business of the Purchaser and consistent with past practice. 4.8 LITIGATION, COMPLIANCE WITH LAW: There are no pending or threatened actions, suits, proceedings or governmental investigations or reviews relating to the Purchaser or any of its properties, assets or business or, to the knowledge of the Purchaser, any order, injunction, award

NO UNDISCLOSED LIABILITIES. Except as set forth in SCHEDULE 4.13, the Seller has no Liabilities except for liabilities reflected in the Interim Financial Statements and current liabilities for trade payables and accrued operating expenses incurred in the Ordinary Course of Business since the date of the Interim Financial Statements.