Conversion and Adjustments Sample Clauses

Conversion and Adjustments. SELLER shall assume all liability for payment of all liabilities of SWS up to and through the date of Closing that are not listed on Schedule D hereto. SELLER shall be entitled to all the accounts receivable of SWS and all cash on hand as listed on Schedule C hereto. Any liabilities not including on Schedule C that were incurred prior to Closing will be deducted from the principal of the Note.