Common use of Single Purpose Entities Clause in Contracts

Single Purpose Entities. (a) The general partners referenced in the Recitals have not conducted any business other than serving as general partners of the Partnerships and taking and performing actions related or incidental thereto. (b) Except as set forth in Schedule 6.2, the issuers of the Shares have no material liabilities or obligations to any person or entity (whether known or unknown, whether asserted or unasserted, whether actual or contingent, whether accrued or unaccrued, whether liquidated or unliquidated and whether due or to become due). Except as set forth on Schedule