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 any Loan Party of the Transaction Documents 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 any Loan Party, any of the provisions of the Charter Documents of any Loan Party or any of the provisions of any indenture, agreement, document, instrument or undertaking to which any Loan Party is a party or subject, or by which any Loan Party or any property or assets of 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 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 Documents to which such Loan Party is a party, 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 any a Loan Party of any of the Transaction Documents to which it is a partyDocuments, 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 any such Loan Party, any of the provisions of the Charter Documents Articles of any 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 any such Loan Party is a party or subject, or by which any such Loan Party or any property or assets of any 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 any 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 by any Loan Party of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents to which such Loan Party is a partyDocuments, or and/or (b) the borrowing and/or repayment of the Loan by Borrower under this Agreement.

Compliance With Other Instruments; None Burdensome. None Neither the Company nor any Subsidiary is a party to any contract or agreement or subject to any charter or other corporate or other restriction which could reasonably be expected to have a Material Adverse Effect and which is not disclosed on the Company's financial statements heretofore submitted to Lender; none of the execution and delivery by the Company and/or any Loan Party Subsidiary of the Transaction Documents to which it is a partyDocuments, the performance by a Loan Party consummation of its obligations under the Transaction Documents to which it is a party, 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 the Company or any Loan PartySubsidiary, or any of the provisions of the Charter Documents Certificate or Articles of Incorporation or By-Laws of the Company or any Loan Party Subsidiary or any of the provisions of any indenture, agreement, document, instrument or undertaking to which the Company or any Loan Party Subsidiary is a party or subject, or by which any Loan Party the Company or any property Subsidiary or assets any Property of the Company or any Loan Party Subsidiary 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 any Loan Party Lien pursuant to the terms of any such indenture, agreement, document, instrument or undertakingundertaking (other than in favor of Lender pursuant to the Transaction Documents). 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 by any Loan Party of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents to which such Loan Party is a party, or (b) the borrowing and/or repayment of the Loan by Borrower under this AgreementDocuments.

Compliance With Other Instruments; None Burdensome. None of -------------------------------------------------- the execution and delivery by any Loan Party Borrower of the Transaction Documents to which it is a partyDocuments, the performance by a Loan Party Borrower 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 any Loan PartyBorrower, any of the provisions of the Charter Documents Articles of any Loan Party Incorporation or By-Laws of Borrower or any of the provisions of any indenture, agreement, document, instrument or undertaking to which any Loan Party Borrower is a party or subject, or by which any Loan Party Borrower or any property or assets of any 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 any 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 by any Loan Party of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents to which such Loan Party is a party, or 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 any Loan Party Borrower of the Transaction Documents to which it is a partyDocuments, the performance by a Loan Party Borrower of its obligations under the Transaction Documents to which it is a party, 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 any Loan PartyBorrower, any of the provisions of the Charter Documents Articles of any Loan Party Incorporation or By-Laws of Borrower or any of the provisions of any indenture, agreement, document, instrument or undertaking to which any Loan Party Borrower is a party or subject, or by which any Loan Party Borrower or any property or assets of any 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 any 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 by any Loan Party of, or the legality, validity, binding effect or enforceability of, any of the Transaction Documents to which such Loan Party is a party, or and/or (b) the borrowing and/or repayment of the Loan Loans by Borrower under this Agreement.