(d) SAP of the Sale Shares and the Vendor's Advance shall be FREE from any encumbrances and liens and the taking over of the Company including all assets of the Company (other than the assets comprised int he Company's Current Assets and Liabilities) - shall be free from any debts and liabilities (other than the liabilities comprised in the Company's Current Assets and Liabilities) including but not limited to advances made by the shareholders, directors or any part to the Company, bank loans, overdrafts, liens, charges, debentures, debts encumbrances or any other liabilities as at the Completion Date.