Common use of Outstanding Checks Clause in Contracts

Outstanding Checks. Notwithstanding anything to the contrary herein or in the Disclosure Schedule, as of the Closing, each checking account maintained by the Company has a balance equal to or in excess of the aggregate amount of all outstanding checks or other withdrawals against such checking account.

Outstanding Checks. Notwithstanding anything to the contrary herein or in the Disclosure Schedule, the Company shall (and the Shareholders shall cause the Company to) ensure that, as of the Closing, each checking account maintained by the Company has a balance equal to or in excess of the aggregate amount of all outstanding checks or other withdrawals against such checking account.