JB Financial Statements definition
Examples of JB Financial Statements in a sentence
Except as set forth in the JB Financial Statements, JB has no liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise), except for liabilities and obligations which, individually or in the aggregate, could not reasonably be expected to have a JB Material Adverse Effect.
All contributions required to be made to any Benefit Plan by applicable law or regulation or by any plan document or other contractual undertaking, and all premiums due or payable with respect to insurance policies funding any Benefit Plan, for any period through the date hereof have been timely made or paid in full or, to the extent not required to be made or paid on or before the date hereof, have been fully reflected in the JB Financial Statements.
All of the assets owned and leased by JB that are used or held for use in the operation of the Restaurants are included in the Restaurant Assets and, subject only to those matters described in the JB Financial Statements or the footnotes thereto, on the Closing Date good and marketable title to the Restaurant Assets will be vested in JB, free and clear of all claims, indebtedness, liabilities, Liens and rights of any third party.