Common use of Existing Indebtedness; Future Liens Clause in Contracts

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries as of March 31, 2018 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant Subsidiaries. No Obligor nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries as of March 31February 29, 2018 2012 (including descriptions a description of the obligors and obligees, principal amounts outstandingamount outstanding and collateral therefor, any collateral therefor if any, and any Guarantees Guarantee thereof, but excluding any intercompany Indebtednessif any), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor nor any of its Significant Subsidiary Subsidiaries is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Company and its Significant Subsidiaries as of March December 31, 2018 2012 (including descriptions a description of the obligors and obligeesobligors, principal amounts outstandingamount outstanding and collateral therefore, any collateral therefor if any, and any Guarantees Guaranty thereof, but excluding any intercompany Indebtedness), if any) since which date there has been no Material change increase in the amounts, interest rates, sinking funds, funds or installment payments or maturities of the Indebtedness of the Parent Guarantor Company or its Significant SubsidiariesSubsidiaries or any Material increase in the frequency of any installment payments or any Material shortening of the maturities of any such Indebtedness. No Obligor Neither of the Obligors nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such either Obligor or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any either Obligor or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list description of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant their respective Subsidiaries as of March 31, 2018 2019 or as subsequently updated pursuant to Section 4.1 (including descriptions a description of the obligors principal amount outstanding and obligeescollateral therefor, principal amounts outstandingif any, any collateral therefor and any Guarantees guaranty thereof, but excluding any intercompany Indebtednessif any), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant their respective Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary of their respective Subsidiaries is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary Subsidiary, and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary of their respective Subsidiaries the outstanding principal amount of which exceeds $25,000,000 that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries the outstanding principal amount of which exceeds $1,000,000 (or its equivalent in the relevant currency of payment) as of March December 31, 2018 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranty thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the such Indebtedness of the Parent Guarantor or its Significant Subsidiaries. No Obligor The aggregate principal amount of all outstanding Indebtedness of the Parent Guarantor and its Subsidiaries not set forth on Schedule 5.15 does not exceed $25,000,000 (or its equivalent in the relevant currency of payment). Neither the Parent Guarantor nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor or any Significant Subsidiary the outstanding principal amount of which exceeds $1,000,000 (or its equivalent in the relevant currency of payment) that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant Subsidiaries as of March 31, 2018 2016 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranties thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, Terreno Realty LLC Note Purchase Agreement sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant Subsidiaries as of March 31June 30, 2018 2021 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranties thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries as of March 31August 18, 2018 2017 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guarantee thereof, but excluding other than any intercompany IndebtednessGuarantee of customary exceptions for fraud, misapplication of funds, environmental indemnities and other similar customary exceptions to recourse liability or exceptions relating to bankruptcy, insolvency, receivership or other similar events, provided that the obligations under such Guarantee have not become due and payable), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list description of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant their respective Subsidiaries as of March 31June 30, 2018 2016 (including descriptions a description of the obligors principal amount outstanding and obligeescollateral therefor, principal amounts outstandingif any, any collateral therefor and any Guarantees guaranty thereof, but excluding any intercompany Indebtednessif any), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant their respective Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary of their respective Subsidiaries is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary Subsidiary; and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary of their respective Subsidiaries the outstanding principal amount of which exceeds $25,000,000 that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.. Agree Limited Partnership Note Purchase Agreement

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list description of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant their respective Subsidiaries as of March 31June 30, 2018 2016 (including descriptions a description of the obligors principal amount outstanding and obligeescollateral therefor, principal amounts outstandingif any, any collateral therefor and any Guarantees guaranty thereof, but excluding any intercompany Indebtednessif any), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant their respective Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary of their respective Subsidiaries is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary Subsidiary; and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary of their respective Subsidiaries the outstanding principal amount of which exceeds $25,000,000 that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant Subsidiaries as of March July 31, 2018 2015 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranties thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Issuer and its Significant Subsidiaries as of March 31January 1, 2018 2017 in an aggregate outstanding amount of at least $10,000,000 (including descriptions a description of the obligors and obligees, principal amounts outstandingamount outstanding and collateral therefor, any collateral therefor if any, and any Guarantees Guaranty thereof, but excluding any intercompany Indebtednessif any), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the such Indebtedness of the Parent Guarantor Issuer or its Significant Subsidiaries. No Obligor Neither the Parent Issuer nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Issuer or such Significant Subsidiary in an aggregate outstanding amount of at least $5,000,000 and no event or condition exists with respect to any such Indebtedness of any Obligor the Parent Issuer or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant their respective Subsidiaries as of March October 31, 2018 2017 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guarantee thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant their respective Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary of their respective Subsidiaries is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary any of their respective Subsidiaries and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary of their respective Subsidiaries that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries as of March 31September 30, 2018 2017 (including descriptions of the obligors and obligeesobligees (or any agent, trustee, or other entity acting in a similar capacity), principal amounts outstanding, any collateral therefor and any Guarantees thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant SubsidiariesSubsidiaries (other than Indebtedness under this Agreement and the Notes and Indebtedness represented by additional borrowings, if any, under the Bank Credit Agreement). No Obligor Neither the Parent nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries as of March 31, 2018 2021 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant Subsidiaries. No Obligor nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list description of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant their respective Subsidiaries as of March 31, 2018 2015 (including descriptions a description of the obligors principal amount outstanding and obligeescollateral therefor, principal amounts outstandingif any, any collateral therefor and any Guarantees guaranty thereof, but excluding any intercompany Indebtednessif any), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant their respective Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary of their respective Subsidiaries is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary Subsidiary, and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary of their respective Subsidiaries the outstanding principal amount of which exceeds $25,000,000 that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant Subsidiaries as of March December 31, 2018 2020 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranties thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Terreno Realty LLC Agreement Note Purchase Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Restricted Subsidiaries as of March 31, 2018 the dates set forth therein (including descriptions a description of the obligors and obligees, principal amounts outstandingamount outstanding and collateral therefor, any collateral therefor if any, and any Guarantees Guaranty thereof, but excluding any intercompany Indebtednessif any), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant Restricted Subsidiaries. No Obligor Neither the Parent Guarantor nor any Significant Restricted Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor or such Significant Restricted Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor or any Significant Restricted Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant Subsidiaries as of March 31June 30, 2018 2019 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranties thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor Guarantor, the Company and its Significant Subsidiaries as of March 31, 2018 2017 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranties thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, Terreno Realty LLC Note Purchase Agreement sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor Guarantor, the Company or its Significant Subsidiaries. No Obligor Neither the Parent Guarantor, the Company nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent Guarantor, the Company or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent Guarantor, the Company or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries as of March 31February 29, 2018 2020 (including descriptions of the obligors and obligeesobligees (or any agent, trustee, or other entity acting in a similar capacity), principal amounts outstanding, any collateral therefor and any Guarantees thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant SubsidiariesSubsidiaries (other than Indebtedness under this Agreement and the Notes and Indebtedness represented by additional borrowings, if any, under the Bank Credit Agreement). No Obligor Neither the Parent nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Obligor the Parent or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor the Parent or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent Guarantor and its Significant Subsidiaries (other than Indebtedness owing from the Parent Guarantor or any of its Subsidiaries to the Parent Guarantor or any such Subsidiaries) as of March 31, 2018 the date hereof (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guarantees Guaranties thereof, but excluding any intercompany Indebtedness), since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent Guarantor or its Significant Subsidiaries. No Obligor nor any Significant Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such any Obligor or such Significant Subsidiary and no event or condition exists with respect to any Indebtedness of any Obligor or any Significant Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.