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Common use of No Assets or Liabilities Clause in Contracts

No Assets or Liabilities. The Company represents and warrants ------------------------ that it does not have any assets, liabilities or operations.

Appears in 3 contracts

Sources: Securities Purchase Agreement (G P Properties Inc), Securities Purchase Agreement (Noble Onie Inc), Securities Purchase Agreement (Noble Onie Inc)

Related Clauses

  • Dispositions of Assets or Subsidiaries
  • Excluded Assets and Liabilities
  • No Rights or Liabilities as Stockholder
  • No Rights or Liabilities as Shareholder
  • No Implied Obligations

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES OF THE COMPANY
  • The Exchange
  • REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY
  • Effective Time
  • REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER

Sub-Clauses

  • ACCURACY OF AND CERTIFICATE AS TO REPRESENTATIONS AND WARRANTIES
  • COMPLIANCE WITH COVENANTS
  • OTHER INFORMATION
  • CORPORATE AUTHORIZATION
  • BALANCE SHEET
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