Common use of No Material Undisclosed Liabilities Clause in Contracts

No Material Undisclosed Liabilities. There are no material ----------------------------------- liabilities or obligations of the Company of any nature, whether absolute, accrued, contingent or otherwise, other than (a) the liabilities and obligations that are fully reflected, accrued, or reserved against on the Company Financial Statements, for which the reserves are appropriate and reasonable, or incurred in the ordinary course of business and consistent with past practices since October 31, 1997, or (b) liabilities or obligations not required to be disclosed in financial statements prepared in accordance with generally accepted accounting principles.

Appears in 1 contract

Sources: Merger Agreement (Whole Foods Market Inc)

No Material Undisclosed Liabilities. There are no material ----------------------------------- liabilities or obligations of the Company of any nature, whether absolute, accrued, contingent or otherwise, other than (ai) the liabilities and obligations that are fully reflected, accrued, or reserved against on the Company Financial Statements, for which the reserves are appropriate and reasonable, or incurred in the ordinary course of business and consistent with past practices since October 31December 26, 1997, 1998; or (bii) liabilities or obligations not required to be disclosed in financial statements prepared in accordance with generally accepted accounting principles.

Appears in 1 contract

Sources: Stock Purchase Agreement (Whole Foods Market Inc)

No Material Undisclosed Liabilities. There are no material ----------------------------------- liabilities or obligations of the Company of any nature, whether absolute, accrued, contingent or otherwise, other than (ai) the liabilities and obligations that are fully reflected, accrued, or reserved against on the Company Financial Statements, for which the reserves are appropriate and reasonable, or incurred in the ordinary course of business and consistent with past practices since October 31December 28, 19971996, or (bii) liabilities or obligations not required to be disclosed in financial statements prepared in accordance with generally accepted accounting principles.

Appears in 1 contract

Sources: Merger Agreement (Whole Foods Market Inc)