Common use of Maximum Liabilities Clause in Contracts

Maximum Liabilities. Immediately prior to Closing, other than professional fees, ATC will not have any liabilities or obligations either direct or indirect, matured or unmatured, absolute, contingent or otherwise that could in the aggregate exceed $165,000, which have not been paid or discharged at that time.

Appears in 2 contracts

Sources: Merger Agreement (Angstrom Technologies Corp.), Merger Agreement (Angstrom Technologies Corp.)