Common use of Liabilities Clause in Contracts

Liabilities. Except as described in Section 3.8 of the Disclosure Schedule, no Group Company has any indebtedness for borrowed money, that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assets.

Appears in 28 contracts

Samples: Share Purchase Agreement (Yatsen Holding LTD), Share Purchase Agreement (Yatsen Holding LTD), Share Purchase Agreement (Yatsen Holding LTD)

AutoNDA by SimpleDocs

Liabilities. Except as described reflected in the Financial Statements (as defined in Section 3.8 of the Disclosure Schedule3.15 below), no Group Company has any indebtedness for borrowed moneymoney or other liabilities of any kind whatsoever, whether accrued, contingent, absolute, determined, determinable or otherwise, that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable liable, and none there is no existing condition, situation or set of the Group Companies is unable circumstances which could reasonably be expected to pay its debts as and when result in such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliability.

Appears in 7 contracts

Samples: Series C Preferred Shares Purchase Agreement (Pinduoduo Inc.), Series C Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD), Series C Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)

Liabilities. Except as described in Section 3.8 of the Disclosure Schedule, no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable liable, except as reflected on the Financial Statements and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assets.

Appears in 6 contracts

Samples: Series E Preferred Share Purchase Agreement (ForU Worldwide Inc.), Series E Preferred Share Purchase Agreement (ForU Worldwide Inc.), Series E Preferred Share Purchase Agreement (ForU Worldwide Inc.)

Liabilities. Except as described reflected in Section 3.8 of the Disclosure ScheduleFinancial Statements (as defined below), no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliable.

Appears in 5 contracts

Samples: Preferred Shares Purchase Agreement, Series B Preferred Shares Purchase Agreement (Niu Technologies), Preferred Shares Purchase Agreement (Niu Technologies)

Liabilities. Except as described reflected in Section 3.8 of the Disclosure ScheduleFinancial Statements, no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliable.

Appears in 4 contracts

Samples: Series D Preferred Share Purchase Agreement (Itui International Inc.), Series D Preferred Share Purchase Agreement (Itui International Inc.), Series D Preferred Share Purchase Agreement (Itui International Inc.)

Liabilities. Except as described disclosed in Section 3.8 of the Disclosure ScheduleFinancial Statements (as defined below), no each Group Company has does not have any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the such Group Company has otherwise become directly or indirectly liable and none liable. No event of default has occurred under any agreement entered into by any Group Company relating to borrowings or indebtedness in the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsnature of borrowings.

Appears in 4 contracts

Samples: Series E Preferred Share Purchase Agreement (DouYu International Holdings LTD), Share Purchase Agreement (DouYu International Holdings LTD), Series E Preferred Share Purchase Agreement (DouYu International Holdings LTD)

Liabilities. Except as described reflected in the Financial Statements (as defined in Section 3.8 of the Disclosure Schedule3.15 below), no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliable.

Appears in 4 contracts

Samples: Shares Purchase Agreement, Preferred Shares Purchase Agreement (Pinduoduo Inc.), Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)

Liabilities. Except as described in Section 3.8 of the Disclosure Schedule, no No Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliable.

Appears in 4 contracts

Samples: Share Purchase Agreement (WiMi Hologram Cloud Inc.), Shareholders’ Agreement (Le Gaga Holdings LTD), Series a Preferred Share Purchase Agreement (Le Gaga Holdings LTD)

Liabilities. Except as described reflected in the Financial Statements (as defined in Section 3.8 of the Disclosure Schedule3.14 below), no Group Company has any indebtedness for borrowed moneymoney or other liabilities of any kind whatsoever, whether accrued, contingent, absolute, determined, determinable or otherwise (collectively, “Liabilities”), that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable liable, and none there is no existing condition, situation or set of the Group Companies is unable circumstances which could reasonably be expected to pay its debts as and when result in such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsLiability.

Appears in 4 contracts

Samples: Series D Preferred Shares Purchase Agreement, Series D Preferred Shares Purchase Agreement (Pinduoduo Inc.), Series D Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)

Liabilities. Except as described in Section 3.8 of the Disclosure Schedule, no No Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable liable, except as reflected on the Group Company Financial Statements, at the Closing, and none of the Group Companies is unable to pay its debts as and when such debts they fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assets.

Appears in 2 contracts

Samples: Series a Preferred Shares Subscription Agreement (Ninetowns Internet Technology Group Co LTD), Preferred Shares Subscription Agreement (Ninetowns Internet Technology Group Co LTD)

Liabilities. Except as described set forth in Section 3.8 3.07 of the Disclosure Schedule, no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable liable, except as reflected on the Financial Statements and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assets.

Appears in 2 contracts

Samples: Preferred Shares Purchase Agreement (Genetron Holdings LTD), Series D Preferred Shares Purchase Agreement (Genetron Holdings LTD)

AutoNDA by SimpleDocs

Liabilities. Except as described in Section 3.8 3.6 of the Disclosure ScheduleSchedule and the Restructuring Agreements, no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable liable, except as reflected on the Financial Statements and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assets.

Appears in 2 contracts

Samples: Preferred Share Purchase Agreement (Yunji Inc.), Preferred Share Purchase Agreement (Yunji Inc.)

Liabilities. Except as described reflected in Section 3.8 of the Financial Statements or as set forth in the Disclosure Schedule, no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliable.

Appears in 2 contracts

Samples: Preferred Share Purchase Agreement, Series B Preferred Share Purchase Agreement (VanceInfo Technologies Inc.)

Liabilities. Except for the matters as described disclosed in the Section 3.8 3.16 of the Disclosure Schedule, no Group Company has any material indebtedness or liability for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliable.

Appears in 1 contract

Samples: Series a Preferred Share Purchase Agreement (Gigamedia LTD)

Liabilities. Except as described in Section 3.8 of the Disclosure ScheduleSchedule 4.7, no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the such Group Company has otherwise become directly or indirectly liable liable, except as reflected on the Financial Statements and none of the Group Companies is unable to pay its debts as and when such debts they fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assets.

Appears in 1 contract

Samples: Share Purchase and Subscription Agreement (Ninetowns Internet Technology Group Co LTD)

Liabilities. Except as described in Section 3.8 8 of the Disclosure Schedule, no Group Company has any indebtedness for borrowed money, that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assets.

Appears in 1 contract

Samples: Preferred Share Purchase Agreement (Yatsen Holding LTD)

Liabilities. Except as described disclosed in Section 3.8 3.6 of the Disclosure Schedule, no Group Company has any indebtedness for borrowed money, money that it has directly or indirectly created, incurred, assumed, or guaranteed, or with respect to which the Group Company has otherwise become directly or indirectly liable and none of the Group Companies is unable to pay its debts as and when such debts fall due or is subject to any insolvency proceedings or has had a receiver, liquidator or administrator appointed over its assetsliable.

Appears in 1 contract

Samples: Series a Preferred Share Purchase Agreement (TAL Education Group)

Time is Money Join Law Insider Premium to draft better contracts faster.