Common use of Liabilities; Indebtedness Clause in Contracts

Liabilities; Indebtedness. Except as set forth in Schedule 2.2(m), the Company has not incurred any indebtedness related to the Hotel or the Property except in each instance for trade payables and other customary and ordinary expenses in the normal course of business.

Liabilities; Indebtedness. Except as set forth in Schedule 2.2(m2.2(a), the Company has not incurred any indebtedness related to the Hotel or the Property except in each instance for trade payables and other customary and ordinary expenses in the normal course of businessbusiness that will be paid and discharged in full by the Company on or prior to the Closing.