Scale. Except as set forth in Schedule 3.12, WGB is not party to or bound by any contract which is material to its Business, operations, financial condition or prospects or which involves, or is reasonably likely to involve, the expenditure or receipt by WGB after December 31, 1996 of more than $5,000. The legal enforceability after the Closing by WGB of its contracts will not be affected in any material respect by the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby.
Appears in 2 contracts
Sources: Merger Agreement (Frederick Brewing Co), Agreement and Plan of Reorganization (Frederick Brewing Co)