Common use of Absence of Indebtedness and Liens Clause in Contracts

Absence of Indebtedness and Liens. Neither the Borrower nor any Subsidiary has any liabilities or obligations, either accrued, absolute, contingent, or otherwise, in respect of any Indebtedness or Liens, except (a) under Existing Debt Agreements, (b) Permitted Indebtedness and (c)