Common use of Foreign Borrowings Clause in Contracts

Foreign Borrowings. The Company has not made borrowings in foreign currency whereby a liability to tax may arise or may have arisen or a claim for tax has been made.

Appears in 1 contract

Sources: Acquisition Agreement (Leisure Travel Group Inc)

Foreign Borrowings. The Company has not made no borrowings in a foreign currency whereby a liability to tax may arise or may have arisen or a claim for tax has been made.

Appears in 1 contract

Sources: Acquisition Agreement (European Micro Holdings Inc)