Common use of Compliance with Law; Absence of Default Clause in Contracts

Compliance with Law; Absence of Default. Each of the Borrower Parties is in compliance with all Applicable Laws the non-compliance with which is likely to have a Materially Adverse Effect and with all of the provisions of its articles or certificate of incorporation and by-laws, or other governing documents, as applicable, which would adversely affect any Borrower Party's ability to perform the Obligations, and no event has occurred or has failed to occur which has not been remedied or waived, the occurrence or non-occurrence of which constitutes (i) a Default or (ii) a default by any Borrower Party under any other indenture, agreement, or other instrument, or under any Material MSO Agreement or Material Film Rights Agreement, or any judgment, decree, or order to which such Borrower Party is a party or by which such Borrower Party, or any of its properties, may be bound, which default, judgment, decree or order could reasonably be considered to have a Materially Adverse Effect.

Compliance with Law; Absence of Default. Each of the Borrower Parties is in compliance with all Applicable Laws the non-compliance with which is likely to have a Materially Adverse Effect and with all of the provisions of its articles or certificate of incorporation and by-laws, or other governing documents, as applicable, which would adversely affect any Borrower Party's ’s ability to perform the Obligations, and no event has occurred or has failed to occur which has not been remedied or waived, the occurrence or non-occurrence of which constitutes (i) a Default or (ii) a default by any of the Borrower Party Parties under any other indenture, agreement, or other instrument, or under any Material MSO Affiliation Agreement or Material Film Rights Agreement, or any judgment, decree, or order to which such any of the Borrower Party Parties is a party or by which such any of the Borrower PartyParties, or any of its their respective properties, may be bound, which default, judgment, decree or order could reasonably be considered to have a Materially Adverse Effect.

Compliance with Law; Absence of Default. Each of the Borrower Parties is in compliance with all Applicable Laws the non-compliance with which is likely to have a Materially Adverse Effect and with all of the provisions of its articles or certificate of incorporation and by-laws, or other governing documents, as applicable, which would adversely affect any Borrower Party's ’s ability to perform the Obligations, and no event has occurred or has failed to occur which has not been remedied or waived, the occurrence or non-occurrence of which constitutes (i) a Default or (ii) a default by any of the Borrower Party Parties under any other indenture, agreement, or other instrument, or under any Material MSO Agreement or Material Film Rights Agreement, or any judgment, decree, or order to which such any of the Borrower Party Parties is a party or by which such any of the Borrower PartyParties, or any of its their respective properties, may be bound, which default, judgment, decree or order could reasonably be considered to have a Materially Adverse Effect.

Compliance with Law; Absence of Default. Each of the Borrower Parties is in compliance with all Applicable Laws the non-compliance with which is likely to have a Materially Adverse Effect and with all of the provisions of its articles or certificate of incorporation and by-laws, or other governing documents, as applicable, which would adversely affect any Borrower Party's ability to perform the Obligations, and no event has occurred or has failed to occur which has not been remedied or waived, the occurrence or non-occurrence of which constitutes (i) a Default or (ii) a default by any Borrower Party under any other indenture, agreement, or other instrument, or under any Material MSO Agreement or Material Film Rights Agreement, or any judgment, decree, or order to which such Borrower Party is a party or by which such Borrower Party, or any of its properties, may be bound, which default, judgment, decree or order could reasonably be considered to have a Materially Adverse Effect.. PAGE 58

Compliance with Law; Absence of Default. Each of the Borrower Parties is in compliance with all Applicable Laws the non-compliance with which is likely to have a Materially Adverse Effect and with all of the provisions of its articles or certificate of incorporation and by-laws, or other governing documents, as applicable, which would adversely affect any Borrower Party's ability to perform the Obligations, and no event has occurred or has failed to occur which has not been remedied or waived, the occurrence or non-occurrence of which constitutes (i) a Default or (ii) a default by any of the Borrower Party Parties under any other indenture, agreement, or other instrument, or under any Material MSO Affiliation Agreement or Material Film Rights Agreement, or any judgment, decree, or order to which such any of the Borrower Party Parties is a party or by which such any of the Borrower PartyParties, or any of its their respective properties, may be bound, which default, judgment, decree or order could reasonably be considered to have a Materially Adverse Effect.