LIABILITIES OWED Sample Clauses

LIABILITIES OWED. Based upon the representations and warranties of Finserv and the Finserv Securityholders, TriZetto is informed and believes that Finserv owes The Flex Group, Donaxx Xxxxxxx xxx their Affiliates approximately $175,000, of which $100,000 is reflected on Finserv's books and records (the "Flex Group Indebtedness"). Pursuant to Section 3.8 of the FinServ Disclosure Schedule, Finserv and the Finserv Securityholders represent and warrant that The Flex Group Indebtedness can be paid off, and a General Release may be obtained upon Finserv's payment of $180,932.79 to The Flex Group.
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Related to LIABILITIES OWED

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