Common use of Indebtedness and Guarantees Clause in Contracts

Indebtedness and Guarantees. Except as set forth on Schedule 4.10, the Company has no Indebtedness (Schedule 4.10 includes the outstanding balance as of the Closing Date) and it guarantees no obligations of other parties relating to the Business. The sale of the Equity Interests pursuant to this Agreement is made in exchange for fair and equivalent consideration. The transactions contemplated in this Agreement or any agreements referenced in this Agreement will not give rise to any right of any creditor of the Company or the Equity Holders whatsoever against Buyer or to any of the Equity Interests in the hands of Buyer after the Closing.

Appears in 1 contract

Sources: Stock Purchase Agreement (EVO Transportation & Energy Services, Inc.)

Indebtedness and Guarantees. Except as set forth on Schedule 4.10, the Company has no Indebtedness (Schedule 4.10 includes the outstanding balance as of the Closing Date) and it guarantees no obligations of other parties relating to the Business. The sale of the Equity Interests pursuant to this Agreement is made in exchange for fair and equivalent consideration. The Except as set forth on Schedule 4.10, the transactions contemplated in this Agreement or any agreements referenced in this Agreement will not give rise to any right of any creditor of the Company or the Equity Holders Holder whatsoever against Buyer or to any of the Equity Interests in the hands of Buyer after the Closing.

Appears in 1 contract

Sources: Equity Purchase Agreement (EVO Transportation & Energy Services, Inc.)

Indebtedness and Guarantees. Except as set forth on Schedule 4.10, the Company has no Indebtedness (Schedule 4.10 includes the outstanding balance as of the Closing Date) and it guarantees no obligations of other parties relating to the Business. The sale of the Equity Interests pursuant to this Agreement is made in exchange for fair and equivalent consideration. The transactions contemplated in this Agreement or any agreements referenced in this Agreement will not give rise to any right of any creditor of the Company or the Equity Holders Holder whatsoever against Buyer or to any of the Equity Interests in the hands of Buyer after the Closing.

Appears in 1 contract

Sources: Acquisition Option Agreement (EVO Transportation & Energy Services, Inc.)