Schedule 1.01(c) set forth each Resort or other location at which Holdings, Polo Holdings, the Borrower or the other Subsidiaries own any such real property with a value reasonably estimated by the Borrower to equal or exceed $1,500,000.
Holdings, Polo Holdings and the Borrower also agree promptly to notify the Administrative Agent if any material portion of the Collateral is damaged or destroyed.
Schedule 3.18 sets forth a true, complete and correct description of all insurance maintained by Holdings, Polo Holdings or the Borrower or any of the other Subsidiaries as of the Closing Date.
None of Polo Holdings, the Borrower or any other Loan Party or, to the knowledge of Holdings, Polo Holdings, the Borrower or any other Loan Party, any other person party thereto is in default in the performance or compliance with any material provisions thereof.
No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all other such ERISA Events, could reasonably be expected to result in material liability of Holdings, Polo Holdings, the Borrower or any of their ERISA Affiliates.