Common use of Accounts and Notes Payable Clause in Contracts

Accounts and Notes Payable. Except as set forth on Schedule 5.22, all accounts payable and notes payable by the Company to third parties as of the date hereof arose in the ordinary course of business. Schedule 5.22 sets forth the payee, the due date and the amount of all accounts and notes payable of the Company as of December 31, 2001.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Netwolves Corp), Stock Purchase Agreement (Norstan Inc)