Indebtedness and Liabilities. Neither the Borrowers nor any Subsidiary has Indebtedness other than Indebtedness reflected on the Financial Statements and Indebtedness permitted hereunder. Except for the Indebtedness referred to above, and Liabilities reflected on the Financial Statements neither the Borrowers nor any Subsidiary has any Liabilities required to be reflected on a balance sheet prepared in accordance with GAAP other than those Liabilities incurred in the ordinary course of a Borrower's business.
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Samples: Loan and Security Agreement (Lois/Usa Inc), Loan and Security Agreement (Lois/Usa Inc), Loan and Security Agreement (Lois/Usa Inc)
Indebtedness and Liabilities. Neither the Borrowers Borrower nor any Subsidiary has any Indebtedness other than Indebtedness reflected on the Financial Statements and Indebtedness permitted hereunderStatements. Except As of the Closing Date, except for the Indebtedness referred to above, and Liabilities reflected on the Financial Statements attached as Exhibit 6.4-1, neither the Borrowers Borrower nor any Subsidiary has any Liabilities required to be reflected on a balance sheet prepared in accordance with GAAP other than those Liabilities incurred in the ordinary course of a Borrower's businessGAAP.
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