Common use of Material Contracts; Burdensome Restrictions Clause in Contracts

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party, including all employee benefit plans and Labor Contracts, are valid, binding and enforceable upon such Loan Party and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party. No contract, lease, agreement or other instrument to which Borrower or any of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have a Material Adverse Change.

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, leaseor subject to any restriction in any organization document, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have which could result in a Material Adverse Change.

Material Contracts; Burdensome Restrictions. All material ------------------------------------------- contracts relating to the business operations of each Loan Party, including all employee benefit plans and Labor Contracts, are valid, binding and enforceable upon such Loan Party and each of the other parties thereto in accordance with their respective terms, and there is no material default thereunder with respect to such Loan Party, and there is no material default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party. No contract, lease, agreement or other instrument to which Borrower or any of its Subsidiaries Loan Party is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have result in a Material Adverse Change.

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party, including all employee benefit plans and Labor Contracts, are valid, binding and enforceable upon such Loan Party and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party. No contract, lease, agreement or other instrument to which the Borrower or any of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have a Material Adverse Change.

Material Contracts; Burdensome Restrictions. All material contracts relating to the business operations of each Loan Party and each Subsidiary of any Loan Party, including all employee benefit plans and Labor Contracts, Contracts are valid, binding and enforceable upon such Loan Party or Subsidiary and each of the other parties thereto in accordance with their respective terms, and there is no default thereunder with respect to such Loan Party, and there is no default thereunder, to the Loan Parties' ’ knowledge, with respect to parties other than such Loan PartyParty or Subsidiary. No contractNone of the Loan Parties or their Subsidiaries is bound by any contractual obligation, leaseor subject to any restriction in any organization document, agreement or other instrument to which Borrower or any requirement of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have which could result in a Material Adverse Change.

Material Contracts; Burdensome Restrictions. All ------------------------------------------- material contracts relating to the business operations of each Loan Party, including all employee benefit plans and Labor Contracts, are valid, binding and enforceable upon such Loan Party and each of the other parties thereto in accordance with their respective terms, and there is no material default thereunder with respect to such Loan Party, and there is no material default thereunder, to the Loan Parties' knowledge, with respect to parties other than such Loan Party. No contract, lease, agreement or other instrument to which Borrower or any of its Subsidiaries is a party or is bound and no provision of any applicable Law or governmental regulation would reasonably be expected to have a Material Adverse Change.