Common use of Absence of Undisclosed Liability Clause in Contracts

Absence of Undisclosed Liability. None of the Companies nor any of their respective Subsidiaries has any material direct or indirect liability, indebtedness, obligation, expense, claim, deficiency, guarantee or endorsement of or by any Person (other than endorsements of notes, bills and checks presented to banks for collection deposit in the ordinary course of business) of any type, whether accrued, absolute, contingent, matured, unmatured or otherwise (a "Liability"), other than the Liabilities (i) that are reflected, accrued or reserved for in the most recent quarterly balance sheet of Inland filed pursuant to the Exchange Act with the Commission, or (ii) arising in the ordinary course of the Companies' or their respective Subsidiaries' businesses consistent with past practice which would not result in a Material Adverse Effect on the Companies taken as a whole or (iii) that are disclosed in Schedule 3.6. Except as shown in the notes to Inland's most recent annual and quarterly financial statements filed pursuant to the Exchange Act with the Commission or disclosed on Schedule 3.6, none of the Companies nor any of their respective Subsidiaries is subject to or restricted by any franchise, contract, deed, charter restriction or other instrument or restriction which could reasonably be expected to have a Material Adverse Effect on the Companies taken as a whole.

Absence of Undisclosed Liability. None of the Companies nor any of their respective the Subsidiaries has any material direct or indirect liability, indebtedness, obligation, expense, claim, deficiency, guarantee or endorsement of or by any Person person (other than endorsements of notes, bills and checks presented to banks for collection deposit in the ordinary course of business) of any type, whether accrued, absolute, contingent, matured, unmatured or otherwise (a "Liability"), other than the Liabilities (i) that are --------- reflected, accrued or reserved for in the most recent quarterly balance sheet of Inland the Issuer filed pursuant to the Exchange Act with the Commission, or (ii) arising in the ordinary course of the Companies' or their respective the Subsidiaries' businesses consistent with past practice which would not result in a Material Adverse Effect on the Companies taken as a whole or (iii) that are disclosed in Schedule -------- 3.6. Except as shown in the notes to Inlandthe Issuer's most recent annual and --- quarterly financial statements filed pursuant to the Exchange Act with the Commission or disclosed on Schedule 3.63.6 hereof, none of the Companies nor any of their respective ------------ the Subsidiaries is subject to or restricted by any franchise, contract, deed, charter restriction or other instrument or restriction which could reasonably be expected to have a Material Adverse Effect on the Companies taken as a whole.

Absence of Undisclosed Liability. None of the Companies nor any of their respective the Subsidiaries has any material direct or indirect liability, indebtedness, obligation, expense, claim, deficiency, guarantee or endorsement of or by any Person person (other than endorsements of notes, bills and checks presented to banks for collection deposit in the ordinary course of business) of any type, whether accrued, absolute, contingent, matured, unmatured or otherwise (a "LiabilityLIABILITY"), other than the Liabilities (i) that are reflected, accrued or reserved for in the most recent quarterly balance sheet of Inland the Issuer filed pursuant to the Exchange Act with the Commission, or (ii) arising in the ordinary course of the Companies' or their respective the Subsidiaries' businesses consistent with past practice which would not result in a Material Adverse Effect on the Companies taken as a whole or (iii) that are disclosed in Schedule SCHEDULE 3.6. Except as shown in the notes to Inlandthe Issuer's most recent annual and quarterly financial statements filed pursuant to the Exchange Act with the Commission or disclosed on Schedule 3.6SCHEDULE 3.6 hereof, none of the Companies nor any of their respective the Subsidiaries is subject to or restricted by any franchise, contract, deed, charter restriction or other instrument or restriction which could reasonably be expected to have a Material Adverse Effect on the Companies taken as a whole.

Absence of Undisclosed Liability. None of the Companies nor any of their respective the Subsidiaries has any material direct or indirect liability, indebtedness, obligation, expense, claim, deficiency, guarantee or endorsement of or by any Person person (other than endorsements of notes, bills and checks presented to banks for collection deposit in the ordinary course of business) of any type, whether accrued, absolute, contingent, matured, unmatured or otherwise (a "Liability"), other than the Liabilities (i) that are reflected, accrued or reserved for in the most recent quarterly balance sheet of Inland the Issuer filed pursuant to the Exchange Act with the Commission, or (ii) arising in the ordinary course of the Companies' or their respective the Subsidiaries' businesses consistent with past practice which would not result in a Material Adverse Effect on the Companies taken as a whole or (iii) that are disclosed in Schedule 3.6. Except as shown in the notes to Inlandthe Issuer's most recent annual and quarterly financial statements filed pursuant to the Exchange Act with the Commission or disclosed on Schedule 3.63.6 hereof, none of the Companies nor any of their respective the Subsidiaries is subject to or restricted by any franchise, contract, deed, charter restriction or other instrument or restriction which could reasonably be expected to have a Material Adverse Effect on the Companies taken as a whole.