There are no collective bargaining agreements or Multiemployer Plans covering the employees of the Borrower or any of its Subsidiaries as of the Closing Date and neither the Borrower nor any Subsidiary has suffered any strikes, walkouts, work stoppages or other material labor difficulty within the last five (5) years preceding the Closing Date.
ThereExcept as could not reasonably be expected to have a Material Adverse Effect, # there are no collective bargaining agreementsgrievances, disputes or Multiemployer Plans covering the employeescontroversies with any union or other organization of the Borrower’s or any of its Subsidiaries as of the Closing Date andRestricted Subsidiary’s employees, # neither the Borrower nor any Restricted Subsidiary has suffered any strikes, walkouts, work stoppages or other material labor difficulty within the last five (5) years preceding the Closing Date.Date, and # there are no liabilities with respect to any collective bargaining agreements covering the employees of the or any of its Restricted Subsidiaries.
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