Payment of Liabilities and Waiver of Claims. Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; (ii) waive or compromise any right or claim; or (iii) cancel, without full payment, any note, loan or other obligation owing to Seller.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Patient Infosystems Inc), Asset Purchase Agreement (Healthdesk Corp), Asset Purchase Agreement (Proxymed Inc /Ft Lauderdale/)
Payment of Liabilities and Waiver of Claims. Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; (ii) waive or compromise any right or claim; or (iii) cancel, without full payment, any note, loan loan, or other obligation owing to Seller.
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Payment of Liabilities and Waiver of Claims. Prior to Closing, Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; (iia) waive or compromise any right or claim; or (iiib) cancel, without full payment, any note, loan loan, or other obligation owing to Seller.
Appears in 1 contract
Samples: Agreement of Purchase and Sale of Assets (National Technical Systems Inc /Ca/)
Payment of Liabilities and Waiver of Claims. Seller shall not do, or agree to do, any of the following acts: acts (i) pay any obligation or liability, fixed or contingent, other than current liabilities; , (ii) waive or compromise any right or claim; claim or (iii) cancel, without full payment, any note, loan or other obligation owing to Seller.
Appears in 1 contract
Samples: Asset and Real Property Purchase and Sale Agreement (California Water Service Group)
Payment of Liabilities and Waiver of Claims. The Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; (ii1) waive or compromise any right or claim; or (iii2) cancel, without full payment, any note, loan loan, or other obligation owing to the Seller.
Appears in 1 contract
Samples: Agreement for Purchase and Sale of Assets (Us Electricar Inc)
Payment of Liabilities and Waiver of Claims. Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; (ii) waive or compromise any material right or material claim; or (iii) cancel, cancel without full payment, any note, loan or other material obligation owing to Seller.
Appears in 1 contract
Samples: Agreement for Purchase and Sale of Assets (Net Value Holdings Inc)
Payment of Liabilities and Waiver of Claims. In regards to obligations and rights to be assumed by or transferred to Buyer, Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than to pay current liabilities; liabilities as they become due and payable (ii) waive or compromise any right or claim; or (iii) cancel, without full payment, any note, loan or other obligation owing to Seller.
Appears in 1 contract
Samples: Asset Purchase Agreement (Proxymed Inc /Ft Lauderdale/)
Payment of Liabilities and Waiver of Claims. Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; (ii) waive or compromise any right or claim; or (iiiii) cancel, without full payment, any note, loan or other obligation owing to Seller. However, Seller shall not be restricted under this Agreement from paying any obligation or liability, fixed or contingent, of the Seller or the Business.
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Payment of Liabilities and Waiver of Claims. The Seller shall not permit the Company to do, or agree to do, any of the following acts: (i) pay pay, prior to the due date thereof, any material obligation or liability, fixed or contingent, other than current liabilities; (ii) waive or compromise any material right or claimclaim other than in the ordinary course of business; or (iii) cancel, without full payment, any note, loan loan, or other material obligation owing to Sellerthe Company.
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Payment of Liabilities and Waiver of Claims. Except as otherwise provided for in this Agreement, Seller shall not not, without the written consent of the Purchaser, do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; , (ii) waive or compromise any right or claim; or (iii) cancel, without full payment, any note, loan or other obligation owing to Seller.claim or
Appears in 1 contract
Samples: Asset and Real Property Purchase and Sale Agreement
Payment of Liabilities and Waiver of Claims. Seller shall not do, or agree to do, any of the following acts: (i) pay any obligation or liability, fixed or contingent, other than current liabilities; (ii) waive or compromise any right or claim; or (iii) cancel, without full payment, any note, loan loan, or other obligation owing to Seller.. 8A.8
Appears in 1 contract
Samples: Asset Purchase Agreement (Ski LTD)
