Common use of Compliance with Applicable Laws and Other Instruments Clause in Contracts

Compliance with Applicable Laws and Other Instruments. Except as disclosed on SCHEDULE 6.8, the business and operations of NRC and the Company have been and are being conducted in accordance with all applicable laws, rules and regulations of all governmental authorities. Neither the execution nor delivery of, nor the performance of or compliance with this Agreement or the Merger Agreement nor the consummation of the transactions contemplated hereby or thereby will conflict with, or, with or without the giving of notice or passage of time, result in any breach of, or constitute a default under, or result in the imposition of any lien or encumbrance upon any asset or property of NRC or the Company pursuant to any applicable law, administrative regulation or judgment, order or decree of any court or governmental body, any agreement or other instrument to which NRC or the Company is a party or by which it or any of its properties, assets or rights is bound or affected, and will not violate the Articles of Incorporation or Bylaws of NRC or the Company. Neither NRC nor the Company is in violation of its Articles of Incorporation or its Bylaws nor in violation of, or, except as set forth on SCHEDULE 6.14, in default under, any lien, indenture, mortgage, lease, agreement, instrument, commitment or arrangement in any material respect.

Compliance with Applicable Laws and Other Instruments. Except as disclosed on SCHEDULE 6.8To the best of ----------------------------------------------------- the Company's knowledge, the business and operations of NRC and the Company have been and are being conducted in all material respects in accordance with all applicable laws, rules and regulations of all governmental authorities. Neither the execution nor delivery of, nor the performance of or compliance with with, this Agreement or the Merger Agreement agreement nor the consummation of the transactions contemplated hereby or thereby will conflict with, orwill, with or without the giving of notice or passage of time, result in any breach of, or constitute a default under, or result in the imposition of any lien or encumbrance upon any asset or property of NRC or the Company pursuant to any applicable law, administrative regulation or judgment, order or decree of any court or governmental bodyto, any agreement or other instrument to which NRC or the Company is a party or by which it or any of its properties, assets or rights is bound or affected, and will not violate the Articles articles of Incorporation incorporation or Bylaws bylaws of NRC or the Company. Neither NRC nor the The Company is not in violation of its Articles articles of Incorporation incorporation or its Bylaws bylaws nor in material violation of, or, except as set forth on SCHEDULE 6.14, or in material default under, any lien, indenture, mortgage, lease, agreement, instrument, commitment or arrangement in any material respect. The Company is not subject to any restriction which would prohibit it from entering into or performing its obligations under this agreement.

Compliance with Applicable Laws and Other Instruments. Except as disclosed on SCHEDULE 6.8, the business and operations of NRC and the Company have been and are being conducted in accordance with all applicable laws, rules and regulations of all governmental govern mental authorities. Neither the execution nor delivery of, nor the performance of or compliance with this Agreement or the Merger Agreement nor the consummation of the transactions contemplated hereby or thereby will conflict with, or, with or without the giving of notice or passage of time, result in any breach of, or constitute a default under, or result in the imposition of any lien or encumbrance upon any asset or property of NRC or the Company pursuant to any applicable law, administrative regulation or judgment, order or decree of any court or governmental body, any agreement or other instrument to which NRC or the Company is a party or by which it or any of its properties, assets or rights is bound or affected, and will not violate the Articles of Incorporation or Bylaws of NRC or the Company. Neither NRC nor the Company is in violation of its Articles of Incorporation or its Bylaws nor in violation of, or, except as set forth on SCHEDULE 6.14, in default under, any lien, indenture, mortgage, lease, agreement, instrument, commitment or arrangement in any material respect.

Compliance with Applicable Laws and Other Instruments. Except as disclosed on SCHEDULE 6.8To the best of ------------------------------------------------------- the Company's knowledge, the business and operations of NRC and the Company have been and are being conducted in all material respects in accordance with all applicable laws, rules and regulations of all governmental authorities. Neither the execution nor delivery of, nor the performance of or compliance with with, this Agreement or the Merger Agreement agreement nor the consummation of the transactions contemplated hereby or thereby will conflict with, orwill, with or without the giving of notice or passage of time, result in any breach of, or constitute a default under, or result in the imposition of any lien or encumbrance upon any asset or property of NRC or the Company pursuant to any applicable law, administrative regulation or judgment, order or decree of any court or governmental bodyto, any agreement or other instrument to which NRC or the Company is a party or by which it or any of its properties, assets or rights is bound or affected, and will not violate the Articles articles of Incorporation incorporation or Bylaws bylaws of NRC or the Company. Neither NRC nor the The Company is not in violation of its Articles articles of Incorporation incorporation or its Bylaws bylaws nor in material violation of, or, except as set forth on SCHEDULE 6.14, or in material default under, any lien, indenture, mortgage, lease, agreement, instrument, commitment or arrangement in any material respect. The Company is not subject to any restriction which would prohibit it from entering into or performing its obligations under this agreement.