Common use of Material Liabilities Clause in Contracts

Material Liabilities. Neither any Seller nor each of the Company and its Subsidiaries has any material liabilities, obligations or commitments of the type required to be reflected on a balance sheet prepared in accordance with past accounting practices of each of the Company and its Subsidiaries .

Appears in 3 contracts

Sources: Share Purchase Agreement (Meiwu Technology Co LTD), Share Purchase Agreement (Meiwu Technology Co LTD), Share Purchase Agreement (Meiwu Technology Co LTD)

Material Liabilities. Neither any Seller nor each of the Company and its Subsidiaries has any material liabilities, obligations or commitments of the type required to be reflected on a balance sheet prepared in accordance with past accounting practices of each of the Company and its Subsidiaries Company.

Appears in 2 contracts

Sources: Share Purchase Agreement (Paranovus Entertainment Technology Ltd.), Share Purchase Agreement (Urban Tea, Inc.)

Material Liabilities. Neither any Seller nor each of the Company and its Subsidiaries has any material liabilities, obligations or commitments of the type required to be reflected on a balance sheet prepared in accordance with past accounting practices of each of the Company and its Subsidiaries Company.

Appears in 1 contract

Sources: Share Purchase Agreement (Paranovus Entertainment Technology Ltd.)