Liabilities at Closing. Except as may otherwise be set forth in Section 3.2.7 above, the value of all liabilities of the Company, including any exposure under any guarantees, as at the Closing Date, shall not be in excess of those normally incurred and paid by the Company in the ordinary course of business and are not individually or in the aggregate in excess of $400,000.
Appears in 3 contracts
Samples: Business Combination Agreement (High End Ventures, Inc.), Business Combination Agreement (High End Ventures, Inc.), Business Combination Agreement (High End Ventures, Inc.)
Liabilities at Closing. Except as may otherwise be set forth in Section 3.2.7 above, the value of all liabilities of the Company, including any exposure under any guarantees, as at the Closing Date, shall not be in excess of those normally incurred and paid by the Company in the ordinary course of business and are not individually or in the aggregate in excess of $400,000business.
Appears in 2 contracts
Samples: Note Exchange Agreement (Healthbridge Inc), Securities Exchange Agreement (Healthbridge Inc)
Liabilities at Closing. Except as may otherwise be set forth in Section 3.2.7 3.2.6 above, the value of all liabilities of the Company, including any exposure under any guarantees, as at the Closing Date, shall not be in excess of those normally incurred and paid by the Company in the ordinary course of business and are not individually or in the aggregate in excess of $400,000business.
Appears in 1 contract
Samples: Securities Purchase Agreement (Infrastructure Developments Corp.)
Liabilities at Closing. Except as may otherwise be set forth in Section 3.2.7 3.2.6 above, the value of all liabilities of the Company, including any exposure under any guarantees, as at the Closing DateClosing, shall not be in excess of those normally incurred and paid by the Company in the ordinary course of business and are not individually or in the aggregate in excess of $400,000business.
Appears in 1 contract
Liabilities at Closing. Except as may otherwise be set forth in Section 3.2.7 3.2.6 above, the value of all liabilities of the Company, including any exposure under any guaranteesgu arantees, as at the Closing DateClosing, shall not be in excess of those normally incurred and paid by the Company in the ordinary course of business and are not individually or in the aggregate in excess of $400,000business.
Appears in 1 contract
Samples: Share Exchange Agreement (Infrastructure Developments Corp.)
