Common use of Indebtedness and Security Clause in Contracts

Indebtedness and Security. None of the Company or any of its Subsidiaries has any secured creditors holding fixed or floating security interests. None of the Company or any of its Subsidiaries has sought any protection pursuant to any bankruptcy or insolvency Law, nor does the Company have any knowledge that any creditors of the Company or any of its Subsidiaries intend to initiate involuntary bankruptcy or insolvency proceedings.

Indebtedness and Security. None of Neither the Company or nor any of its Subsidiaries has any secured creditors holding fixed or floating security interests. None interests with respect to any securities or assets of the Company or any of its Subsidiaries has sought any protection pursuant to any bankruptcy or insolvency LawSubsidiaries, nor does and neither the Company have any knowledge that any creditors of the Company or nor any of its Subsidiaries intend to initiate involuntary bankruptcy or insolvency proceedingshas any outstanding unsecured financial indebtedness for borrowed money.