Debt; Guarantees. Section 3.07 of the Disclosure Schedules sets forth a list of all of the Acquired Companies’ material (i) Contractual Obligations governing Debt and (ii) leasing or similar arrangements that, in accordance with GAAP, are classified as capital leases, in each case as of the date of this Agreement. The Acquired Companies have no material liability in respect of a guarantee of any Debt or other liability of any other Person (other than another Subsidiary of the Company).
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Debt; Guarantees. Section Section 3.07 of the Disclosure Schedules sets forth a list of all of the Acquired Companies’ material (i) Contractual Obligations governing obligations regarding Debt and (ii) leasing or similar arrangements that, in accordance with GAAP, are classified as capital leases, in each case as of the date of this Agreement. The Acquired Companies have no material liability in respect of a guarantee of any Debt or other liability of any other Person (other than another Subsidiary of the Company).
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Sources: Merger Agreement (Hexion Inc.)
Debt; Guarantees. Section 3.07 of the Company Disclosure Schedules sets forth a list of all of the Acquired Companies’ material Company’s (i) Contractual Obligations Contracts governing Debt and (ii) leasing or similar arrangements that, in accordance with GAAP, are classified as capital leases, in each case as of the date of this Agreement. The Acquired Companies have Company has no material liability in respect of a guarantee of any Debt or other similar liability of any other Person (other than another Subsidiary of the Company)Person.
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Sources: Securities Purchase Agreement (Tiptree Financial Inc.)