Borrower has no Subsidiaries other than those listed on Schedule 6.13 (and, if subsequent to the Closing Date, such additional Subsidiaries as have been formed or acquired in compliance with Section 7.13 ), and Schedule 6.13 sets forth the jurisdiction of incorporation or organization of each such Subsidiary and the percentage of Borrower’s ownership interest in such Subsidiary. All of the outstanding Equity Interests in each Subsidiary described on Schedule 6.13 have been validly issued, are fully paid, and are nonassessable. Other than (i) in connection with its equity incentive plans or (ii) as disclosed in its financial statements, there are no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments of any nature relating to any Equity Interests of Borrower or any Subsidiary. All Excluded Subsidiaries are listed on Schedule 6.13(b) , and sets forth the jurisdiction of incorporation or organization of each such Excluded Subsidiary and the percentage of Borrower’s ownership interest in such Excluded Subsidiary.