Common use of No Assets or Liabilities Clause in Contracts

No Assets or Liabilities. Except as disclosed in the ---------------------------- Company Disclosure Letter, the Company has no assets other than the shares of stock of WPC and the shares of stock of Merger Sub. Except as disclosed in the Company Disclosure Letter, the Company in not a guarantor of any liability, and has no liabilities, contingent or otherwise.

Appears in 1 contract

Sources: Merger Agreement (Worldwide Petromoly Inc)

No Assets or Liabilities. Except as disclosed in the ---------------------------- --------------------------- Company Disclosure Letter, the Company has no assets other than the shares of stock of WPC and the shares of stock of Merger Sub. Except as disclosed in the Company Disclosure Letter, the Company in not a guarantor of any liability, and has no liabilities, contingent or otherwise.

Appears in 1 contract

Sources: Merger Agreement (Worldwide Petromoly Inc)