Common use of Conflict with Existing Laws or Contracts Clause in Contracts

Conflict with Existing Laws or Contracts. The execution and delivery of this Agreement and the performance of its obligations hereunder by FMN will not (i) conflict with or violate (A) FMN's Certificate of Incorporation or By-laws, or (B) any provision of any law or regulation or any decree, demand or order to which FMN is subject, or (ii) conflict with or result in a breach of or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under any of the terms, conditions or provisions of any agreement or instrument to which FMN is a party or by which it is bound or any order or decree applicable to FMN or result in the creation or imposition of any lien on any of its assets or property.