−Removed: Our primary corporate headquarters is located in Phoenix, Arizona, with additional shared services locations in Baltimore, Maryland;
+Added: Our primary corporate headquarters is located in Scottsdale, Arizona, with additional shared services locations in Baltimore, Maryland;
Orlando, Florida;
2 unchanged sentences
Our management believes that none of our properties, on an individual basis, is material to our operations, and that our properties are well maintained and suitable for their intended use.
−Removed: We further believe that these locations generally have adequate capacity and can accommodate seasonal demands, changing product mixes and additional growth.
−Removed: Subject to certain exceptions, substantially all of our owned real and personal property in the US and Canada is encumbered under our credit facility and our secured notes.
+Added: Subject to certain exceptions, substantially all of our owned real and personal property in the US and Canada is encumbered under our ABL Facility and Senior Secured Notes.
We do not believe that the encumbrances will materially detract from the value of our properties, or materially interfere with their use in the operation of our business.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.