Common use of Compliance with Other Instruments and Agreements Clause in Contracts

Compliance with Other Instruments and Agreements. None of the Group Companies is in, nor shall the conduct of its business as currently or proposed to be conducted results in, violation, breach or default of any term of its constitutional documents (the “Constitutional Documents”), or any term or provision of any mortgage, indenture, contract, agreement or instrument to which the Group Company is a party or by which it may be bound, (the “Group Company Contracts”) or of any provision of any judgment, decree, order, statute, rule or regulation applicable to or binding upon the Group Company, and except with respect to the Constitutional Documents, where the occurrence of such violation, breach or default would be reasonably likely to have a Material Adverse Effect. None of the activities, agreements, commitments or rights of any Group Company is ultra xxxxx or unauthorized. The execution, delivery and performance of and compliance with the Transaction Agreements and the consummation of the transactions contemplated hereby and thereby will not result in any such violation, breach or default, or be in conflict with or constitute, with or without the passage of time or the giving of notice or both, either a default under any Group Company’s Constitutional Documents or any Group Company Contract, or a violation of any statute, law, regulation or order, or an event which results in the creation of any lien, charge or encumbrance upon any asset of any Group Company, and where the occurrence of such violation, breach of default would be reasonably likely to have a Material Adverse Effect.

Compliance with Other Instruments and Agreements. None of The Group Companies, the Group Companies is Founders and the FounderCos are not in, nor shall the conduct of its their business as currently or proposed to be conducted results result in, any violation, breach or default of any term of its constitutional documents (Charter Documents, and none of the “Constitutional Documents”)Group Companies is in breach, violation or default of any term or provision of any mortgage, indenture, contract, agreement or instrument to which the Group Company it is a party or by which it may be bound, bound (the “Group Company ContractsOther Instruments”) or of any provision of any judgment, decree, order, statute, rule or regulation Governmental Order applicable to or binding upon the such Group Company, and except with respect to the Constitutional Documents, where the occurrence of such violation, breach or default would be reasonably likely to have a Material Adverse Effect. None of the activities, agreements, commitments or rights of any Group Company is ultra xxxxx or unauthorized. The execution, delivery and performance of and compliance with the Transaction Agreements this Agreement and the consummation of the transactions contemplated hereby and thereby will not result in any such violation, breach or default, or be in conflict with or constitute, with or without the passage of time or the giving of notice or both, either a default under any Group Company’s Constitutional Charter Documents or any Group Company ContractOther Instruments, or a violation of any statute, law, regulation or orderGovernmental Order, or an event which results in the creation of any lien, charge or encumbrance Encumbrance upon any asset of any Group Company or the suspension, revocation, forfeiture, or nonrenewal of any material permit or license applicable to any Group Company, and where which would, individually or in the occurrence of such violationaggregate, breach of default would reasonably be reasonably likely expected to have a Material Adverse Effect. Except as disclosed in Section ‎5.8 of the Disclosure Schedule, there are no penalties and fines of whatsoever nature that have ever been imposed on any Group Company.

Compliance with Other Instruments and Agreements. None of the Group Companies is in, nor shall the conduct of its business as currently or proposed to be conducted results result in, violation, breach or default of any term of its constitutional documents (the “Constitutional Documents”), or in any material respect of any term or provision of any mortgage, indenture, contract, agreement or instrument to which the Group Company is a party or by which it may be bound, (the “Group Company Contracts”) or of any provision of any judgment, decree, order, statute, rule or regulation applicable to or binding upon the Group Company, and except with respect to the Constitutional Documents, where the occurrence of such violation, breach or default would be reasonably likely to have a Material Adverse Effect. None of the activities, agreements, commitments or rights of any Group Company is ultra xxxxx or unauthorized. The execution, delivery and performance of and compliance with the Transaction Agreements and the consummation of the transactions contemplated hereby and thereby will not result in any such violation, breach or default, or be in conflict with or constitute, with or without the passage of time or the giving of notice or both, either a default under any Group Company’s Constitutional Documents or any Group Company Contract, or or, to the knowledge of the Covenantors, a violation of any statutestatutes, lawlaws, regulation regulations or orderorders, or an event which results in the creation of any lien, charge or encumbrance upon any asset of any Group Company, Company and where the occurrence of such violation, breach of default would be reasonably likely to have a Material Adverse Effect, or prevent or materially delay the consummation of the transactions contemplated thereon.

Compliance with Other Instruments and Agreements. None of The Group Companies, the Group Companies is Founders and the FounderCos are not in, nor shall the conduct of its their business as currently or proposed to be conducted results result in, any violation, breach or default of any term of its constitutional documents (Charter Documents, and none of the “Constitutional Documents”)Group Companies is in breach, violation or default of any term or provision of any mortgage, indenture, contract, agreement or instrument to which the Group Company it is a party or by which it may be bound, bound (the “Group Company ContractsOther Instruments”) or of any provision of any judgment, decree, order, statute, rule or regulation Governmental Order applicable to or binding upon the such Group Company, and except with respect to the Constitutional Documents, where the occurrence of such violation, breach or default would be reasonably likely to have a Material Adverse Effect. None of the activities, agreements, commitments or rights of any Group Company is ultra xxxxx or unauthorized. The execution, delivery and performance of and compliance with this Agreement, the Shareholders Agreement and other Transaction Agreements Documents and the consummation of the transactions contemplated hereby and thereby will not result in any such violation, breach or default, or be in conflict with or constitute, with or without the passage of time or the giving of notice or both, either a default under any Group Company’s Constitutional Charter Documents or any Group Company ContractOther Instruments, or a violation of any statute, law, regulation or orderGovernmental Order, or an event which results in the creation of any lien, charge or encumbrance Encumbrance upon any asset of any Group Company or the suspension, revocation, forfeiture, or nonrenewal of any material permit or license applicable to any Group Company, and where which would, individually or in the occurrence of such violationaggregate, breach of default would reasonably be reasonably likely expected to have a Material Adverse Effect. Except as disclosed in Section ‎5.8 of the Disclosure Schedule, there are no penalties and fines of whatsoever nature that have ever been imposed on any Group Company.