Absence of Material Liability. As of the Closing Date, the Loan Parties and their Subsidiaries do not have any Indebtedness or material liabilities of any kind, whether direct or indirect, fixed or contingent or otherwise which is not disclosed upon the most recent consolidated and consolidating financial statements of the Parent Guarantor and its Subsidiaries which have been provided to the Administrative Agent for the benefit of the Credit Parties; other than executory obligations under contracts, leases, or other agreements which GAAP would not require to be set forth in the consolidated and consolidating financial statements of the Parent Guarantor and its Subsidiaries.
Absence of Material Liability. As of the Closing Date, except with respect to the Acquisition, neither the Borrower nor any of its Subsidiaries have any material liabilities of any kind, whether direct or indirect, fixed or contingent or otherwise which is not disclosed upon the consolidated financial statements of the Borrower and its Subsidiaries which have been provided to the Credit Parties; other than executory obligations under contracts, leases, or other agreements which GAAP would not require to be set forth in the consolidated financial statements of the Borrower and its Subsidiaries.
Absence of Material Liability. As of the Closing Date, neither of the Loan Parties has any material liabilities of any kind, whether direct or indirect, fixed or contingent or otherwise, not disclosed in writing to the Lender.
