Common use of Accounts and Notes Payable Clause in Contracts

Accounts and Notes Payable. Except as set forth in the Disclosure Letter, all accounts payable and notes payable by the Company to third parties as of the date hereof arose, and as of the Closing will have arisen, in the ordinary course of business, and, except as set forth in the Disclosure Letter, there is no such account payable or note payable delinquent in its payment, except those contested in good faith and already disclosed in the Disclosure Letter.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (BPC Holding Corp), Agreement and Plan of Reorganization (Berry Plastics Corp)

Accounts and Notes Payable. Except as set forth in the Company Disclosure Letter, all accounts payable and notes payable by the Company to third parties as of the date hereof arose, and as of the Closing will have arisen, in the ordinary course of business, and, except as set forth in the Company Disclosure Letter, there is no such account payable or note payable delinquent in its payment, except those contested in good faith and already disclosed in the Company Disclosure Letter.

Appears in 1 contract

Sources: Merger Agreement (BMJ Medical Management Inc)