Schedule 8.12 lists (a) each Subsidiary of Holdings (and the direct and indirect ownership interest of Holdings therein) and (b) each Subsidiary of the Borrower (and the direct and indirect ownership interest of the Borrower therein), in each case existing on the Closing Date. To the knowledge of the Borrower, after due inquiry, each Immaterial Subsidiary as of the Closing Date has been so designated on Schedule 8.12 .