Common use of Compliance With Other Instruments; None Burdensome Clause in Contracts

Compliance With Other Instruments; None Burdensome. None of the execution and delivery by a Loan Party of any of the Transaction Documents, the performance by a Loan Party of its obligations under the Transaction Documents or the borrowing and/or repayment of the Loan by Borrower under this Agreement will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Loan Party, any of the provisions of the Articles of Incorporation or Bylaws (or other applicable organizational documents) of such Loan Party or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such Loan Party is a party or subject, or by which such Loan Party or any property or assets of such Loan Party is bound, or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such Loan Party pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents, and/or (b) the borrowing and/or repayment of the Loan by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None of the execution and delivery by a any Loan Party of any of the Transaction DocumentsDocuments to which it is a party, the performance by a Loan Party of its obligations under the Transaction Documents to which it is a party, or the borrowing and/or repayment of the Loan by Borrower under this Agreement will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such any Loan Party, any of the provisions of the Articles Charter Documents of Incorporation or Bylaws (or other applicable organizational documents) of such any Loan Party or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such any Loan Party is a party or subject, or by which such any Loan Party or any property or assets of such any Loan Party is bound, or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such any Loan Party pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance by any Loan Party of, or the legality, validity, binding effect or enforceability of, any of the Transaction DocumentsDocuments to which such Loan Party is a party, and/or or (b) the borrowing and/or repayment of the Loan by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None Neither Borrower nor any Subsidiary of Borrower is a party to any contract or agreement or subject to any charter or other corporate restriction which materially and adversely affects its business, Property or financial condition and which is not disclosed on Borrower's financial statements heretofore submitted to Bank; none of the execution and delivery by a Loan Party of any Borrower of the Transaction Documents, the performance by a Loan Party consummation of its obligations under the Transaction Documents transactions therein contemplated or the borrowing and/or repayment of compliance with the Loan by Borrower under this Agreement provisions thereof will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Loan PartyBorrower, or any of the provisions of the Borrower's Certificate or Articles of Incorporation or Bylaws (or other applicable organizational documents) of such Loan Party By-Laws or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such Loan Party Borrower is a party or subject, or by which such Loan Party it or any property or assets of such Loan Party its Property is bound, or conflict with or constitute a default thereunder or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such Loan Party Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, body or authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents, and/or (b) the borrowing and/or repayment of the Loan by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None of the execution and delivery by a Loan Party of any Borrower of the Transaction Documents, the performance by a Loan Party Borrower of its obligations under the Transaction Documents or the borrowing and/or repayment of the Loan Loans by Borrower under this Agreement will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Loan PartyBorrower, any of the provisions of the Articles of Incorporation or Bylaws (or other applicable organizational documents) By-Laws of such Loan Party Borrower or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such Loan Party Borrower is a party or subject, or by which such Loan Party Borrower or any property or assets of such Loan Party Borrower is bound, or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such Loan Party Borrower pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents, Documents and/or (b) the borrowing and/or repayment of the Loan Loans by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None of -------------------------------------------------- the execution and delivery by a Loan Party of any Borrower of the Transaction Documents, the performance by a Loan Party Borrower of its obligations under the Transaction Documents or the borrowing and/or repayment of the Loan by Borrower under this Agreement will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Loan PartyBorrower, any of the provisions of the Articles of Incorporation or Bylaws (or other applicable organizational documents) By-Laws of such Loan Party Borrower or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such Loan Party Borrower is a party or subject, or by which such Loan Party Borrower or any property or assets of such Loan Party Borrower is bound, or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such Loan Party Borrower pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents, Documents and/or (b) the borrowing and/or repayment of the Loan by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None of the execution and delivery by a Loan Party of any Borrower of the Transaction Documents, the performance by a Loan Party Borrower of its obligations under the Transaction Documents or the borrowing and/or repayment of the Loan by Borrower under this Agreement will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Loan PartyBorrower, any of the provisions of the Articles of Incorporation or Bylaws (or other applicable organizational documents) of such Loan Party Borrower or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such Loan Party Borrower is a party or subject, or by which such Loan Party Borrower or any property or assets of such Loan Party Borrower is bound, or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such Loan Party Borrower pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents, Documents and/or (b) the borrowing and/or repayment of the Loan by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None of -------------------------------------------------- the execution and delivery by a Loan Party of any Borrower of the Transaction Documents, the performance by a Loan Party Borrower of its obligations under the Transaction Documents or the borrowing and/or repayment of the Loan Loans by Borrower under this Agreement will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Loan PartyBorrower, any of the provisions of the Articles of Incorporation or Bylaws (or other applicable organizational documents) By-Laws of such Loan Party Borrower or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such Loan Party Borrower is a party or subject, or by which such Loan Party Borrower or any property or assets of such Loan Party Borrower is bound, or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such Loan Party Borrower pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents, Documents and/or (b) the borrowing and/or repayment of the Loan Loans by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None of the execution and delivery by a Loan Party of any Borrower of the Transaction Documents, the performance by a Loan Party Borrower of its obligations under the Transaction Documents or the borrowing and/or repayment of the Loan Loans by Borrower under this Agreement will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on such Loan PartyBorrower, any of the provisions of the Articles of Incorporation or Bylaws (or other applicable organizational documents) of such Loan Party Borrower or any of the provisions of any indenture, agreement, document, instrument or undertaking to which such Loan Party Borrower is a party or subject, or by which such Loan Party Borrower or any property or assets of such Loan Party Borrower is bound, or result in the creation or imposition of any security interest, lien or encumbrance on any of the property or assets of such Loan Party Borrower pursuant to the terms of any such indenture, agreement, document, instrument or undertaking. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by, any governmental, regulatory, administrative or public body, instrumentality, authority, agency or official, or any subdivision thereof, or any other Person is required to authorize, or is required in connection with, (a) the execution, delivery or performance of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents, Documents and/or (b) the borrowing and/or repayment of the Loan Loans by Borrower under this Agreement.