Financial and Other Conditions. The Company shall have no contingent or other liabilities connected with its business, except as disclosed in the Financial Statements or which otherwise have been incurred in the ordinary course of business and have otherwise been disclosed to OCIS. The review of the business, premises and operations of the Company and the Financial Statements by OCIS at its expense shall be satisfactory to OCIS and shall not have revealed any matter which, in the sole judgment of OCIS, makes the acquisition on the terms herein set forth inadvisable for OCIS.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Ecology Coatings, Inc.), Agreement and Plan of Merger (Ocis Corp)
Financial and Other Conditions. The Company OCIS shall have no contingent or other liabilities connected with its business, except as disclosed in the Financial Statements or which otherwise have been incurred in the ordinary course of business and have otherwise been disclosed to OCISbusiness. The review of the business, premises and operations of the Company OCIS and the Financial Statements by OCIS the Company at its expense shall be satisfactory to OCIS the Company and shall not have revealed any matter which, in the sole judgment of OCISthe Company, makes the acquisition on the terms herein set forth inadvisable for OCISthe Company.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Ocis Corp), Agreement and Plan of Merger (Ecology Coatings, Inc.)
