Common use of Agreements and Actions Clause in Contracts

Agreements and Actions. None of the Corporation or any Subsidiary is in violation of any term of any constating document thereof. Neither the Corporation nor any Subsidiary is in violation of any material term or provision of any agreement, indenture or other instrument applicable to it. Neither the Corporation nor any Subsidiary is in default in the payment of any material obligation owed which is now due, if any, and except for certain potential claims with respect to the Lithium Nevada Project that the Corporation considers to be without merit, there is no action, suit, proceeding or investigation commenced, threatened or, to the knowledge of the Corporation, pending which, individually or in the aggregate, might result in any Material Adverse Effect or in any material liability on the part of the Corporation or any Subsidiary or which places, or could reasonably be expected to place, in question the validity or enforceability of this Agreement, the Investor Rights Agreement or any other document or instrument delivered, or to be delivered, by the Corporation pursuant hereto.

Agreements and Actions. None of Neither the Corporation or Company nor any Subsidiary is in violation of any term of any constating document thereof. Neither the Corporation Company nor any Subsidiary is in violation of any material term or provision of any agreement, indenture or other instrument applicable to it. Neither it which would, or could reasonably be expected to, result in any Material Adverse Effect; neither the Corporation Company nor any Subsidiary is in default in the payment of any material obligation owed which is now due, if any, ; and except for certain potential claims with respect to the Lithium Nevada Project that the Corporation considers to be without merit, there is no action, suit, proceeding or investigation commenced, threatened or, to the knowledge of the CorporationCompany after due inquiry, pending which, individually either in any case or in the aggregate, might result in any Material Adverse Effect or in any material liability on the part of the Corporation or any Subsidiary or which places, or could reasonably be expected to place, in question the validity or enforceability of this Agreement, the Investor Rights Agreement Warrant Indenture or any other document or instrument delivered, or to be delivered, by the Corporation Company pursuant hereto.

Agreements and Actions. None of Neither the Corporation or any nor its Subsidiary is are in violation of any term of any constating document thereof. Neither the Corporation nor any its Subsidiary is are in violation of any material term or provision of any agreement, indenture or other instrument applicable to it. Neither it which would, or could reasonably be expected to, result in any Material Adverse Effect, neither the Corporation nor any its Subsidiary is are in default in the payment of any material obligation owed which is now due, if any, and except for certain potential claims with respect to the Lithium Nevada Project that the Corporation considers to be without merit, there is no action, suit, proceeding or investigation commenced, threatened or, to the knowledge of the CorporationCorporation after due inquiry, pending which, individually either in any case or in the aggregate, might result in any Material Adverse Effect or in any material liability on the part of the Corporation or any Subsidiary or which places, or could reasonably be expected to place, in question the validity or enforceability of this Agreement, the Investor Rights Agreement or any other document or instrument delivered, or to be delivered, by the Corporation pursuant hereto.

Agreements and Actions. None of Neither the Corporation or any nor the Subsidiary is in violation of any term of any constating document thereof. Neither the Corporation nor any the Subsidiary is in violation of any material term or provision of any agreement, indenture or other instrument applicable to it. Neither it which would, or could reasonably be expected to, result in any Material Adverse Effect, the Corporation nor any and the Subsidiary is are not in default in the payment of any material obligation owed which is now due, if any, and except for certain potential claims with respect to the Lithium Nevada Project that the Corporation considers to be without merit, there is no action, suit, proceeding or investigation commenced, threatened or, to the knowledge of the CorporationCorporation after due inquiry, pending which, individually either in any case or in the aggregate, might result in any Material Adverse Effect or in any material liability on the part of the Corporation or any Subsidiary or which places, or could reasonably be expected to place, in question the validity or enforceability of this Agreement, the Investor Rights Agreement or any other document or instrument delivered, or to be delivered, by the Corporation pursuant hereto.;

Agreements and Actions. None of the Corporation or any Subsidiary subsidiary is in violation of any term of any constating document thereof. Neither the Corporation nor any Subsidiary subsidiary is in violation of any material term or provision of any agreement, indenture or other instrument applicable to it. Neither it which would, or could reasonably be expected to, result in any Material Adverse Effect, neither the Corporation nor any Subsidiary subsidiary is in default in the payment of any material obligation owed which is now due, if any, and except for certain potential claims with respect to the Lithium Nevada Project that the Corporation considers to be without merit, there is no action, suit, proceeding or investigation commenced, threatened or, to the knowledge of the CorporationCorporation after due inquiry, pending which, individually either in any case or in the aggregate, might result in any Material Adverse Effect or in any material liability on the part of the Corporation or any Subsidiary or which places, or could reasonably be expected to place, in question the validity or enforceability of this Agreement, the Investor Rights Agreement or any other document or instrument delivered, or to be delivered, by the Corporation pursuant hereto.

Agreements and Actions. None of Neither the Corporation or any Subsidiary is nor the Subsidiaries are in violation of any term of any constating document thereof. Neither the Corporation nor any the Subsidiary is in violation of any material term or provision of any agreement, indenture or other instrument applicable to itit which would, or could reasonably be expected to, result in any Material Adverse Effect. Neither The Corporation and the Corporation nor any Subsidiary is are not in default in the payment of any material obligation owed which is now due, if any, and except for certain potential claims with respect to the Lithium Nevada Project that the Corporation considers to be without merit, there is no action, suit, proceeding or investigation commenced, threatened or, to the knowledge of the CorporationCorporation after due inquiry, pending which, individually either in any case or in the aggregate, might result in any Material Adverse Effect or in any material liability on the part of the Corporation or any Subsidiary or which places, or could reasonably be expected to place, in question the validity or enforceability of this Agreement, the Investor Rights Agreement or any other document or instrument delivered, or to be delivered, by the Corporation pursuant hereto.;