Common use of No Debt to Related Parties Clause in Contracts

No Debt to Related Parties. Except as disclosed in Schedule 1.1.30 hereto, Wallace Mountain is not, and on Closing will not be, ▇▇▇▇▇▇ed to any affiliate, director or officer of Wallace Mountain except accounts payable on account of ▇▇▇▇ ▇ide business transactions of Wallace Mountain incurred in normal course of the Wall▇▇▇ ▇▇▇ntain Business, including employment agreements, none of which are more than 30 days in arrears;