Common use of Potential Liabilities Clause in Contracts

Potential Liabilities. Other than as disclosed on Schedule ---------------------- -------- 9.4 attached hereto, the Borrower has no material indebtedness of any kind, --- including, without limitation, contingent liabilities, liabilities for taxes, long term leases or unusual forward or long-term commitments, and has not granted any security interest in any of its assets to any party.

Appears in 1 contract

Sources: Funding Agreement (Upgrade International Corp /Fl/)

Potential Liabilities. Other than as disclosed on Schedule ---------------------- -------- 9.4 attached hereto, the The Borrower has no material indebtedness of --------------------- any kind, --- including, without limitation, contingent liabilities, liabilities for taxes, long term leases or unusual forward or long-term commitments, and has not granted any security interest in any of its assets to any party.

Appears in 1 contract

Sources: Loan Agreement (Upgrade International Corp /Fl/)