No Assets or Liabilities. As of the Closing, the Company shall have no more than $50,000 in liabilities. Except for the foregoing or as set forth on the Financial Statements, the Company does not have any (a) assets of any kind or (b) liabilities or obligations, whether secured or unsecured, accrued, determined, absolute or contingent, asserted or unasserted or otherwise.
Appears in 7 contracts
Samples: Share Exchange Agreement (Feigeda Electronic Technology, Inc.), Share Exchange Agreement (China Century Dragon Media, Inc.), Share Exchange Agreement (SRKP 22 Inc)
No Assets or Liabilities. As of the Closing, the Company shall have no more than $50,000 100,000 in liabilities. Except for the foregoing or as set forth on the Financial Statements, the Company does not have any (a) assets of any kind or (b) liabilities or obligations, whether secured or unsecured, accrued, determined, absolute or contingent, asserted or unasserted or otherwise.
Appears in 3 contracts
Samples: Share Exchange Agreement (CAT9 Group Inc.), Share Exchange Agreement (China Wesen Recycling Technology, Inc.), Share Exchange Agreement (China Wesen Recycling Technology, Inc.)
