Common use of No Material Liability Clause in Contracts

No Material Liability. Subsequent to the respective dates as of which information is given in each of the Registration Statement, the Prospectus and the General Disclosure Package, (i) the Company and its subsidiaries, taken as a whole, have not incurred any material liability or obligation, direct or contingent, nor entered into any material transaction; and (ii) there has not been any material change in the capital stock, short-term debt or long-term debt of the Company and its subsidiaries, taken as a whole.

Appears in 2 contracts

Sources: Equity Distribution Agreement (Arthur J. Gallagher & Co.), Equity Distribution Agreement (Arthur J. Gallagher & Co.)

No Material Liability. Subsequent to the respective dates as of which information is given in each of the Registration Statement, the Time of Sale Prospectus and the General Disclosure PackageProspectus, (i) the Company and its subsidiaries, taken as a whole, have not incurred any material liability or obligation, direct or contingent, nor entered into any material transaction; and (ii) there has not been any material change in the capital stock, short-term debt or long-term debt of the Company and its subsidiaries, taken as a whole.

Appears in 1 contract

Sources: Underwriting Agreement (Arthur J. Gallagher & Co.)