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<br />of any Hazardous Substances from its property, which could <br />interfere with or prevent continued compliance, or which could <br />give rise to any liability, based upon or related to the <br />processing, distribution, use, treatment, storage, disposal, <br />transport, or handling, or the emission, discharge, release or <br />threatened release into the environment, of any pollutant, <br />contaminant, or Hazardous Substances from or attributable to its <br />property. <br />Section 5.17 Accounts Receivable. The Company is the true <br />and lawful owner of its accounts receivable and has good and <br />clear title to each account, free and clear of all Liens. Each <br />such account is (i) a valid obligation of the account debtor <br />enforceable in accordance with its terms, free and clear of all <br />encumbrances, set-offs, adverse claims, assessments, defaults, <br />prepayments, defenses and conditions precedent, and (ii) a true <br />and correct statement of the account for merchandise actually <br />sold and delivered to, or for actual services performed for and <br />accepted by, such account debtor. <br />Section 5.18 Liabilities. The Company has no liabilities <br />or obligations, whether absolute, accrued, contingent or <br />otherwise, that have not been fully disclosed to Buyer. <br />Section 5.19 Absence of Certain Chances or Events. Since <br />January 18, 1995 there has not occurred: <br />(i) any material adverse change in the financial <br />condition, operations or assets of the Company; <br />(ii) the creation or attachment of any Lien <br />against any of the assets or properties of the Company except <br />Permitted Liens; <br />(iii) any waiver, release, discharge, transfer, or <br />cancellation by the Company of any rights or claims of any <br />material value; <br />(iv) any prepayment of any material liabilities or <br />obligations; <br />(v) any incurrence, assumption or guarantee by <br />the Company oP any indebtedness or liability for or in respect of <br />borrowed money; or <br />(vi) the entry by the Company into any Contract to <br />do any of the foregoing. <br />Section 5.20 Accuracy of Information. Nona of the written <br />information and documents which have been or will be Furnished by <br />Seller or any representatives of Seller to Buyer or any of the <br />representatives of Buyer in connection with the transactions <br />10 <br />