Common use of Absence of Employees Clause in Contracts

Absence of Employees. Neither of the Transaction Entities nor any of their respective subsidiaries has any employees, and neither of the Transaction Entities are aware of any existing or imminent labor disturbance by the employees of any of their tenants or subtenants, which, in either case, would, singly or in the aggregate, result in a Material Adverse Effect.

Absence of Employees. Neither of the Transaction Entities Company nor any of their respective its subsidiaries has any employees, and neither of the Transaction Entities are Company is not aware of any existing or imminent labor disturbance by the employees of any of their tenants or subtenantsborrowers, which, in either case, would, singly or in the aggregate, result in a Material Adverse Effect.