Material Liabilities. Except as set forth on Subsection 2.11 of the Disclosure Schedule, the Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with generally accepted accounting principles.
Appears in 3 contracts
Sources: Series a Preferred Stock Purchase Agreement (Kindara, Inc.), Series a Preferred Stock Purchase Agreement (Kindara, Inc.), Series a Preferred Stock Purchase Agreement (Kindara, Inc.)
Material Liabilities. Except as set forth on Subsection 2.11 of reflected in the Disclosure ScheduleFinancial Statements (as defined in Section 2.18 below), the Company has no material liability or obligation, absolute or contingent (individually known or in the aggregate), unknown) except (i) obligations and liabilities incurred after the date of incorporation Statement Date (as defined herein) incurred in the Company’s ordinary course of business that are not material, individually or in the aggregate, to the Company and (ii) obligations under contracts agreements or arrangements made in the Company’s ordinary course of the business that would not be required but solely to be reflected in financial statements prepared in accordance with generally accepted accounting principlesthe extent set forth on Schedule 2 pursuant to Section 2.12.
Appears in 3 contracts
Sources: Senior Convertible Demand Promissory Note Purchase Agreement, Senior Subordinated Convertible Demand Promissory Note Purchase Agreement (Rib X Pharmaceuticals Inc), Senior Convertible Demand Promissory Note Purchase Agreement (Rib X Pharmaceuticals Inc)
Material Liabilities. Except as set forth on in Subsection 2.11 3.10(a) of the Disclosure Schedule, the Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with generally accepted accounting principlesGAAP.
Appears in 1 contract
Sources: Series a Preferred Stock Purchase Agreement (ATAI Life Sciences B.V.)
Material Liabilities. Except as set forth on disclosed in Subsection 2.11 3.23 of the Disclosure Schedule, the Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with the United States generally accepted accounting principles.
Appears in 1 contract
Sources: Securities Purchase Agreement (Provention Bio, Inc.)
Material Liabilities. Except as set forth on Subsection 2.11 in Section 3.08 of the Company Disclosure Schedule, to its knowledge the Company has no liability or obligation, absolute or contingent (individually or in the aggregate), except (i) obligations and liabilities incurred after the date of incorporation in the ordinary course of business that are not material, individually or in the aggregate, and (ii) obligations under contracts made in the ordinary course of business that would not be required to be reflected in financial statements prepared in accordance with generally accepted accounting principles.
Appears in 1 contract