Common use of Liabilities and Expenses Clause in Contracts

Liabilities and Expenses. Not create or incur (whether as principal, surety or otherwise) any material liabilities, secured or unsecured, or fixed, absolute or contingent, other than liabilities and expenses incurred in the ordinary course of business consistent with past practices;

Appears in 3 contracts

Samples: Stock Purchase Agreement (Saturn Electronics & Engineering Inc), Stock Purchase Agreement (Rockford Corp), Stock Purchase Agreement (Smartflex Systems Inc)

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Liabilities and Expenses. Not create or incur (whether as principal, surety or otherwise) any material liabilities, secured actual or unsecured, contingent liabilities or fixed, absolute or contingent, expenses of the Business other than liabilities and expenses incurred in the ordinary course of business consistent with past practices;.

Appears in 2 contracts

Samples: Asset Purchase Agreement (SCC Communications Corp), Asset Purchase Agreement (SCC Communications Corp)

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