Common use of Compliance with Disclosure Requirements Clause in Contracts

Compliance with Disclosure Requirements. Except as otherwise disclosed in the ADS 10-K, Applied Digital has timely filed all material reports, registrations and statements, together with any amendments required to be made with respect thereto, that it was required to file since December 31, 1998 to or with any governmental agency, including without limitation the SEC. No document filed with the SEC since December 31, 1998 contains any untrue statement of material fact, or omits to state a material fact necessary to make the statements therein, in the light of the circumstances in which they were made, not misleading.