Company: TRUE
Filing Date: 2025-11-24
Form Type: DEFM14A
Source: 0001104659-25-115451
Chunk: 254

Company: TrueCar, Inc.
Filing Date: 2025-11-24
Form: DEFM14A
Chunk 254
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 has not been any action taken by the Company or any of its Subsidiaries that would have required the consent of Parent pursuant to Section 6.1(b) (other than with respect to Section 6.1(b)(iii) , Section 6.1(b)(viii) , Section 6.1(b)(xii) (to the extent set forth on Section 4.19 of the Company Disclosure Schedule) and Section 6.1(b)(xvii) ), had such action occurred after the date hereof, and (c) there has not been any effect that has had or would reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

Section 4.11 No Undisclosed Material Liabilities. There are no liabilities or obligations of any nature (whether accrued, absolute, contingent, or otherwise) of the Company or any of its Subsidiaries that would be required by GAAP to be reflected on or reserved against a consolidated balance sheet of the Company (or disclosed in the notes thereto) and its Subsidiaries, other than: (i) liabilities or obligations disclosed and provided for in the Company Balance Sheet or in the notes thereto; (ii) liabilities or obligations incurred in the ordinary course of business since the Company Balance Sheet Date; (iii) liabilities or obligations incurred in connection with the Transactions; or (iv) liabilities or obligations that would not reasonably be expected to be, individually or in the aggregate, material to the Company and its Subsidiaries, taken as a whole. Neither the Company nor any of its Subsidiaries is a party to, or has any commitment to become a party to, any “off balance sheet arrangement” within the meaning of Item 303 of Regulation S-K promulgated under the 1933 Act.

Section 4.12 Compliance with Laws and Court Orders; Permits.

(a) The Company and each of its Subsidiaries is, and since the Applicable Date has been, in compliance with all Applicable Laws, and to the Knowledge of the Company is not under investigation by any Governmental Authority with respect to, and has not been threatened to be charged with or given notice of any violation of, any Applicable Law, except for failures to comply or violations that would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. No default has occurred under, and there exists no event that, with or without notice, lapse of time