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

Compliance with Law; Absence of Default. Each of the Borrower and the --------------------------------------- Borrower's Subsidiaries is in material compliance with all Applicable Laws and with all of the provisions of its certificate of incorporation and by-laws, 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 the Borrower or any of the Borrower's Subsidiaries under any -- indenture, agreement, or other instrument, or any judgment, decree, or order to which the Borrower or any of the Borrower's Subsidiaries is a party or by which the Borrower or any of the Borrower's Subsidiaries or any of their respective properties may be bound

Compliance with Law; Absence of Default. Each of the Borrower and the --------------------------------------- Borrower's ’s Subsidiaries is in material compliance with all Applicable Laws (including, without limitation, ERISA) and with all of the provisions of its certificate of incorporation and by-laws, 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 material default by the Borrower or any of the Borrower's ’s Subsidiaries under any -- indenture, agreement, or other instrument, or any judgment, decree, or order to which the Borrower or any of the Borrower's ’s Subsidiaries is a party or by which the Borrower or any of the Borrower's ’s Subsidiaries or any of their respective properties may be bound.

Compliance with Law; Absence of Default. Each of the Borrower and the --------------------------------------- Borrower's its Subsidiaries is in material compliance with all Applicable Laws (except to the extent that the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect) and with all of the provisions of its certificate or articles of incorporation and by-laws, 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 the Borrower or any of the Borrower's its Subsidiaries under any -- other material indenture, agreement, or other instrument, or any judgment, decree, or order to which the Borrower or any of the Borrower's its Subsidiaries is a party or by which the Borrower or Borrower, any of the Borrower's its Subsidiaries or any of their respective properties may be bound.

Compliance with Law; Absence of Default. Each of the Borrower and the --------------------------------------- Borrower's Subsidiaries is in material compliance with all Applicable Laws and with all of the provisions of its certificate of incorporation and by-laws, 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 (ix) a Default or - (iiy) a default by the Borrower or any of the Borrower's Subsidiaries under any -- indenture, agreement, or other instrument, or any judgment, decree, or order to which the Borrower or any of the Borrower's Subsidiaries is a party or by which the Borrower or any of the Borrower's Subsidiaries or any of their respective properties may be bound