Common use of No Assets or Liabilities Clause in Contracts

No Assets or Liabilities. Except as set forth on the Financial Statements and as incurred in the ordinary course of business, or for those not incurred in the ordinary course of business as set forth on Schedule E hereto, the Company does not have any (a) assets of any kind or (b) liabilities or obligations, whether secured or unsecured, accrued, determined, absolute or contingent, asserted or unasserted or otherwise.

Appears in 2 contracts

Sources: Share Exchange Agreement (China Growth Development, Inc.), Share Exchange Agreement (Teeka Tan Products, Inc.)

No Assets or Liabilities. Except as set forth on the Financial Statements and as incurred in the ordinary course of business, or for those not incurred in the ordinary course of business as set forth on Schedule E 2.5 hereto, the Company does not have any (a) assets of any kind or (b) liabilities or obligations, whether secured or unsecured, accrued, determined, absolute or contingent, asserted or unasserted or otherwise.

Appears in 1 contract

Sources: Share Exchange Agreement (Digital Learning Management CO)