Common use of Agreements and Actions Clause in Contracts

Agreements and Actions. The Company is not in violation of any term of its constating documents. The Company is not in violation of any term or provision of any agreement, indenture or other instrument applicable to it which would, or could, result in any Material Adverse Effect on the Business, condition (financial or otherwise), affairs or operations of the Company. The Company is not in default in the payment of any obligation owed which is now due and there is no action, suit, proceeding or investigation commenced or, to the knowledge of the Company after due inquiry, pending or threatened which, either in any case or in the aggregate, might result in any Material Adverse Effect on the business, condition (financial or otherwise), affairs, prospects or operations of the Company or in any of the material properties or assets thereof or in any material liability on the part of the Company or which places, or could place, in question the validity or enforceability of this Agreement, the Subscription Agreements or any document or instrument delivered, or to be delivered, by the Company pursuant hereto or thereto;

Agreements and Actions. The Company Corporation is not in violation of any term of its constating documentsmemorandum or articles. The Company Corporation is not in violation of any term or provision of any agreement, indenture or other instrument applicable to it which would, or could, result in any Material Adverse Effect material adverse effect on the Businessbusiness, condition (financial or otherwise), capital, affairs or operations of the Company. The Company Corporation, nor is not the Corporation in default in the payment of any obligation owed which is now due and there is no action, suit, proceeding or investigation commenced commenced, pending or, to the knowledge of the Company Corporation after due inquiry, pending or threatened which, either in any case or in the aggregate, might result in any Material Adverse Effect material adverse effect on the business, condition (financial or otherwise), capital, affairs, prospects or operations of the Company Corporation or in any of the material properties or assets thereof or in any material liability on the part of the Company Corporation or which places, or could place, in question the validity or enforceability of this Agreement, the Subscription Agreements or any document or instrument delivered, or to be delivered, by the Company Corporation pursuant hereto or thereto;.

Agreements and Actions. The Company is not in violation of any term of its constating documentsmemorandum or articles. The Company is not in violation of any term or provision of any agreement, indenture or other instrument applicable to it which would, or could, result in any Material Adverse Effect material adverse effect on the Businessbusiness, condition (financial or otherwise), capital, affairs or operations of the Company. The , nor is the Company is not in default in the payment of any obligation owed which is now due and there is no action, suit, proceeding or investigation commenced commenced, pending or, to the knowledge of the Company after due inquiry, pending or threatened which, either in any case or in the aggregate, might result in any Material Adverse Effect material adverse effect on the business, condition (financial or otherwise), capital, affairs, prospects or operations of the Company or in any of the material properties or assets thereof or in any material liability on the part of the Company or which places, or could place, in question the validity or enforceability of this Agreement, the Subscription Agreements Agreement or any document or instrument delivered, or to be delivered, by the Company pursuant hereto or thereto;hereto.

Agreements and Actions. The Company Corporation is not in violation of any term of its constating documentsmemorandum or articles. The Company Corporation is not in violation of any term or provision of any agreement, indenture or other instrument applicable to it which would, or could, result in any Material Adverse Effect material adverse effect on the Businessbusiness, condition (financial or otherwise), capital, affairs or operations of the Company. The Company Corporation, nor is not the Corporation in default in the payment of any obligation owed which is now due and there is no action, suit, proceeding or investigation commenced commenced, pending or, to the knowledge of the Company Corporation after due inquiry, pending or threatened which, either in any case or in the aggregate, might result in any Material Adverse Effect material adverse effect on the business, condition (financial or otherwise), capital, affairs, prospects or operations of the Company Corporation or in on any of the material properties or assets thereof or in any material liability on the part of the Company Corporation or which places, or could place, in question the validity or enforceability of this Agreement, the Subscription Agreements Agreement or any document or instrument delivered, or to be delivered, by the Company Corporation pursuant hereto or thereto;, and all agreements by which the Corporation holds an interest in a property, business or asset are in good standing according to their terms.