Common use of Other Settlements Clause in Contracts

Other Settlements. That it will not pay, discharge or satisfy any claims, liabilities or obligations (absolute, accrued, asserted or unasserted, contingent or otherwise), other than the payment, discharge or satisfaction, in the ordinary course of business consistent with past practice or in accordance with their terms except for any existing scheduled litigations.

Appears in 2 contracts

Sources: Merger Agreement (Video Update Inc), Merger Agreement (Moovies Inc)