Common use of Interim Liabilities Clause in Contracts

Interim Liabilities. The Surviving Corporation will pay, consistent with past practice, all liabilities, including all accounts payable and other expenses, which arise in the ordinary course of business prior to the Closing Date.

Appears in 6 contracts

Sources: Merger Agreement (Hk Merger Corp), Merger Agreement (Integrated Circuit Systems Inc), Merger Agreement (Happy Kids Inc)