Common use of Liabilities; Indebtedness Clause in Contracts

Liabilities; Indebtedness. Except as disclosed in the audited financial statements previously provided to the Operating Partnership, the Participating Entity has not incurred any indebtedness related to the Property except in each instance for trade payables and other customary and ordinary expenses in the ordinary course of business that will be paid and discharged in full by the Participating Entity as of the Closing Date.

Liabilities; Indebtedness. Except as disclosed in the audited financial statements previously provided to the Operating Partnership, the Participating Entity has not incurred any indebtedness related to the Property except in each instance for trade payables and other customary and ordinary expenses in the ordinary course of business that will be paid and discharged in full by the Participating Entity as of the Closing Date.

Liabilities; Indebtedness. Except as disclosed in the audited financial statements previously provided to the Operating PartnershipCompany, the Participating Entity has not incurred any indebtedness related to the Property except in each instance for trade payables and other customary and ordinary expenses in the ordinary course of business that will be paid and discharged in full by the Participating Entity as of the Closing Date.