Common use of Additional Schedules Clause in Contracts

Additional Schedules. The following additional schedules are attached hereto: (a) Schedule 2.16(a), which is a Real Estate Schedule describing all real estate owned by or in which Adirondack has any interest as of the date of this Agreement, or which is the subject of pending foreclosure proceedings by Adirondack, indicating in each case whether such real estate is improved and the nature of any material encumbrances or defects of title of which Adirondack has actual knowledge; and (b) Schedule 2.16(b), which is a Securities Schedule of all investment securities owned by Adirondack as of September 30, 1998. Such schedules are materially complete and correct.