Common use of No Adverse Contracts or Restrictions Clause in Contracts

No Adverse Contracts or Restrictions. Neither the Borrower nor any of its subsidiaries is a party to, or is bound by, any contract or agreement or instrument, or subject to any charter or other corporate restriction, which in the opinion of the Borrower materially and adversely affects its business, property, assets, operations or condition, financial or otherwise.

No Adverse Contracts or Restrictions. Neither Except with respect to the Regulatory Letters, neither the Borrower nor or any of its subsidiaries is a party to, or is bound by, any contract or agreement or instrument, or subject to any charter or other corporate restriction, which in the opinion of the Borrower materially and adversely affects its business, property, assets, operations or condition, financial or otherwise.