Accounts and Notes Payable. Except as set forth on SCHEDULE 5.22, all accounts payable and notes payable by each Seller to third parties as of the date hereof arose, and as of the Closing shall have arisen, in the ordinary course of business, and, except as set forth on SCHEDULE 5.22, there is no such account payable or note payable delinquent in its payment, except those contested in good faith and already disclosed on SCHEDULE 5.22.
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Sources: Stock and Asset Purchase Agreement (Netoptix Corp), Stock and Asset Purchase Agreement (Netoptix Corp)
Accounts and Notes Payable. Except as set forth on SCHEDULE 5.22Schedule 5.21, all accounts payable and notes payable related to the Business by each Seller the Company to third parties as of the date hereof arose, and as of the Closing shall have arisen, in the ordinary course of business, and, except as set forth on SCHEDULE 5.22Schedule 5.21, there is no such account payable or note payable delinquent in its payment, except those contested in good faith and already disclosed on SCHEDULE 5.22Schedule 5.21.
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