Common use of No Conflicts or Consents Clause in Contracts

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, bylaws or partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by Debtor, nor the grant of the security interest by Debtor to Secured Party herein herein, nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (Ba) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles incorporation or certificate bylaws of organization, Debtor or regulations as the case may be, any similar charter documents of Debtorany Issuer, or (Cb) any agreement, judgment, license, order or permit applicable to or binding upon DebtorDebtor or any Issuer, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any material assets or properties of Debtor or of any person Issuer or Related Person except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan DocumentsObligation Documents (including, without limitation, Section 6.13 of the Credit Agreement), no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority authority, Issuer or third party is required in connection with the grant by Debtor of the security interest herein herein, or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither The execution and delivery by the ownershipvarious Restricted Persons of the Loan Documents to which each is a party, the intended use performance by each of its obligations under such Loan Documents, and the consummation of the Collateral transactions contemplated by Debtorthe various Loan Documents, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, do not and will not (i) conflict with any provision of (A1) any domestic or foreign law, statute, rule or regulationLaw, (B2) the articles or certificate Organizational Documents of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtorany Restricted Person, or (C3) any agreement, judgment, license, order or permit applicable to or binding upon Debtorany Restricted Person, (ii) result in the acceleration of any Indebtedness owed by any Restricted Person, or (iiiii) result in or require the creation of any lien, charge or encumbrance Lien upon any assets or properties of Debtor or of any person Restricted Person except as may be expressly contemplated or permitted in the Loan Documents. Except as expressly contemplated in the Loan Documents, Documents (including the Disclosure Schedule) no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority or third party is required in connection with the grant execution, delivery or performance by Debtor any Restricted Person of any Loan Document or to consummate any transactions contemplated by the security interest herein or the exercise by Secured Party of its rights and remedies hereunderLoan Documents.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by DebtorPledgor, the grant of the security interest by Debtor Pledgor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, charter or bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of DebtorPledgor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon DebtorPledgor or otherwise affecting the Collateral, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor Pledgor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor Pledgor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by DebtorBorrower, the grant of the security interest by Debtor Borrower to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, bylaws or partnership agreement, articles or certificate of organization, or regulations as the case may be, of DebtorBorrower, or (C) any agreement, judgment, license, order or permit applicable to or binding upon DebtorBorrower, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor Borrower or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor Borrower of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by DebtorPledgor, nor the grant of the security interest by Debtor Pledgor to Secured Party herein Pledgee herein, nor the exercise by Secured Party Pledgee of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylawscertificate of limited partnership, partnership agreement, articles regulations, charter or certificate bylaws of organization, or regulations as the case may be, of DebtorPledgor, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon DebtorPledgor, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Pledgor except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority or third party is required in connection with the grant by Debtor Pledgor of the security interest herein herein, or the exercise by Secured Party Pledgee of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by Debtor, nor the grant of the security interest by Debtor to Secured Party herein herein, nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles incorporation or certificate bylaws of organization, or regulations as the case may be, of Debtorany Issuer, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon DebtorDebtor or any Issuer, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Issuer or Related Person except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority authority, Issuer or third party is required in connection with the grant by Debtor of the security interest herein herein, or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither The execution and delivery by the ownership------------------------ various Related Persons of the Loan Documents to which each is a party, the intended use performance by each of its obligations under such Loan Documents, and the consummation of the Collateral transactions contemplated by Debtorthe various Loan Documents, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, do not and will not (i) conflict with any provision of (A1) any domestic or foreign law, statute, rule or regulation, (B2) the articles or certificate organizational documents of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtorany Related Person, or (C3) any agreement, judgment, license, order or permit applicable to or binding upon Debtorany Related Person, (ii) result in the acceleration of any Indebtedness owed by any Related Person, or (iiiii) result in or require the creation of any lien, charge or encumbrance Lien upon any assets or properties of Debtor or of any person Related Person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, with any court, governmental authority court or Governmental Authority or third party is required in connection with the grant execution, delivery or performance by Debtor any Related Person of any Loan Document or to consummate any transactions contemplated by the security interest herein or the exercise by Secured Party of its rights and remedies hereunderLoan Documents.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, bylaws or partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon DebtorDebtor or otherwise affecting the Collateral, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, bylaws or partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Financing Documents. Except as expressly contemplated in the Loan Financing Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of ------------------------ the Collateral by Debtor, nor the grant of the security interest by Debtor to Secured Party herein herein, nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles charter or certificate of organization, or regulations as the case may be, bylaws of Debtor, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon DebtorDebtor or Argosy International, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Argosy International or Related Person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, of and no notice to or filing with, any court, governmental authority authority, Issuer or third party is required in connection with the grant by Debtor of the security interest herein herein, or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by DebtorPledgor, nor the grant of the security interest by Debtor Pledgor to Secured Party herein Pledgee herein, nor the exercise by Secured Party Pledgee of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylawscertificate of limited partnership, partnership agreement, articles regulations, charter or certificate bylaws of organization, or regulations as the case may be, of DebtorPledgor, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon DebtorPledgor, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Pledgor except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority or third party is required in connection with the grant by Debtor Pledgor of the security interest herein herein, or the exercise by Secured Party Pledgee of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulationregulation applicable to Debtor or any of its property, (B) the articles or certificate of incorporation, charter, bylaws, bylaws or partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Transaction Documents. Except as expressly contemplated in the Loan Transaction Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by DebtorPledgor, nor the grant of the security interest by Debtor Pledgor to Secured Party herein Pledgee herein, nor the exercise by Secured Party Pledgee of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charterarticles of incorporation, bylaws, partnership agreement, articles charter or certificate bylaws of organization, or regulations as the case may be, of Debtorany Subsidiary, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, Pledgor or any Subsidiary; or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Pledgor except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority, any Subsidiary, or third party is required in connection with the grant by Debtor Pledgor of the security interest herein herein, or the exercise by Secured Party Pledgee of its rights and remedies hereunder.

No Conflicts or Consents. Neither The execution and delivery by the ownershipvarious ------------------------ Related Persons of the Loan Documents to which each is a party, the intended use performance by each of its obligations under such Loan Documents, and the consummation of the Collateral transactions contemplated by Debtorthe various Loan Documents, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, do not and will not (i) conflict with any provision of (A1) any domestic or foreign law, statute, rule or regulation, (B2) the articles or certificate organizational documents of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtorany Related Person, or (C3) any agreement, judgment, license, order or permit applicable to or binding upon Debtorany Related Person, (ii) result in the acceleration of any Indebtedness owed by any Related Person, or (iiiii) result in or require the creation of any lien, charge or encumbrance Lien upon any assets or properties of Debtor or of any person Related Person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, with any court, governmental authority court or Governmental Authority or third party is required in connection with the grant execution, delivery or performance by Debtor any Related Person of any Loan Document or to consummate any transactions contemplated by the security interest herein or the exercise by Secured Party of its rights and remedies hereunderLoan Documents.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by Debtor, nor the grant of the security interest by Debtor to Secured Party herein herein, nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles charter or certificate bylaws of organization, Debtor or regulations as the case may be, of Debtorany Issuer, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon DebtorDebtor or any Issuer, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Issuer except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority authority, Issuer or third party is required in connection with the grant by Debtor of the security interest herein herein, or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) materially conflict with any provision of (A) to Debtor’s knowledge, any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles incorporation or certificate of organization, or regulations as the case may be, bylaws of Debtor, or (C) to Debtor’s knowledge, any agreement, judgment, license, order order, or permit applicable to or binding upon Debtor, or (ii) to Debtor’s knowledge, result in or require the creation of any lien, charge or encumbrance material Lien upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization authorization, or order of, and no notice to or filing with, any court, governmental authority authority, or third party party, other than Xxxx Xxxxxxx Life Insurance, by Debtor is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by DebtorPledgor, nor the grant of the security interest by Debtor Pledgor to Secured Party herein Pledgee herein, nor the exercise by Secured Party Pledgee of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylawslimited partnership, partnership agreement, articles or certificate other organizational documents of organization, or regulations as the case may be, of Debtorany Subsidiary, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, Pledgor or any Subsidiary; or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Pledgor except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority, any Subsidiary, or third party is required in connection with the grant by Debtor Pledgor of the security interest herein herein, or the exercise by Secured Party Pledgee of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by DebtorPledgor, nor the grant of the security interest by Debtor Pledgor to Secured Party herein Pledgee herein, nor the exercise by Secured Party Pledgee of its rights or remedies hereunder, will (i) conflict with any provision of (A) any a)any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylawscertificate of limited partnership, partnership agreement, articles regulations, charter or certificate bylaws of organization, or regulations as the case may be, of DebtorPledgor, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon DebtorPledgor, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Pledgor except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority or third party is required in 135 connection with the grant by Debtor Pledgor of the security interest herein herein, or the exercise by Secured Party Pledgee of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use ------------------------ of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party Parties herein nor the exercise by Secured Party Parties of its their rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles of incorporation or certificate of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, bylaws of Debtor, or (C) except as disclosed by Debtor to Secured Parties in writing prior to the date of this Agreement, any agreement, judgment, license, order or permit applicable to or binding upon DebtorDebtor or otherwise affecting the Collateral, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documentsperson. Except as expressly contemplated in the Loan Documents, no No consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party Parties of its rights and remedies hereunder.

No Conflicts or Consents. Neither To the ownershipbest knowledge of the Debtor, neither the ownership or the intended use of the Collateral by Debtor, nor the grant of the security interest by Debtor to Secured Party herein herein, nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with violate any provision of (Aa) any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles charter or certificate of organization, or regulations as the case may be, bylaws of Debtor, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in this Agreement or the Loan DocumentsCustodial Agreement. Except as expressly contemplated in this Agreement and the Loan DocumentsCustodial Agreement, to the best knowledge of Debtor no consent, approval, authorization or order of, and no notice to or filing with, with any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein herein, or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither The execution and delivery by the ownershipvarious Loan Parties of the Loan Documents to which each is a party, the intended use performance by each of its obligations under such Loan Documents, and the consummation of the Collateral transactions contemplated by Debtorthe various Loan Documents, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, do not and will not (ia) conflict with any provision of (Ai) any domestic or foreign law, statute, rule or regulationLaw, (Bii) the articles or certificate Organization Documents of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtorany Loan Party, or (Ciii) any agreement, H-712479.11 30 judgment, license, order or permit applicable to or binding upon Debtorany Loan Party, or (iib) result in the acceleration of any Indebtedness owed by any Loan Party, or (c) result in or require the creation of any lien, charge or encumbrance Lien upon any assets or properties of Debtor or of any person Loan Party, except as may be expressly contemplated or permitted in the Loan Documents. Except as expressly contemplated in the Loan Documents, Documents no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority or third party is required in connection with the grant execution, delivery or performance by Debtor of the security interest herein or the exercise by Secured any Loan Party of its rights and remedies hereunderany Loan Document or to consummate any transactions contemplated by the Loan Documents.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by Debtor, nor the grant of the security interest by Debtor to Secured Party herein herein, nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic or foreign law, statute, rule or regulationregulation to the best of Debtor's knowledge, (Bb) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles charter or certificate of organization, or regulations as the case may be, bylaws of Debtor, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of except for the security interest created by this Agreement and any person except as may be expressly contemplated in the Loan DocumentsPermitted Liens. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, with any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein herein, or to the best of Debtor's knowledge the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of ------------------------ the Collateral by DebtorPledgor, nor the grant of the security interest by Debtor Pledgor to Secured Party herein Pledgee herein, nor the exercise by Secured Party Pledgee of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charter, bylawscertificate of limited partnership, partnership agreement, articles regulations, charter or certificate bylaws of organization, or regulations as the case may be, of DebtorPledgor, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon DebtorPledgor, or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Pledgor except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority or third party is required in connection with the grant by Debtor Pledgor of the security interest herein herein, or the exercise by Secured Party Pledgee of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any applicable domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, bylaws or partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, ownership or the intended use of the Collateral by DebtorPledgor, nor the grant of the security interest by Debtor Pledgor to Secured Party herein Pledgee herein, nor the exercise by Secured Party Pledgee of its rights or remedies hereunder, will (i) conflict with any provision of (Aa) any domestic 147 or foreign law, statute, rule or regulation, (Bb) the articles or certificate of incorporation, charterarticles of incorporation, bylaws, partnership agreement, articles charter or certificate bylaws of organization, or regulations as the case may be, of Debtorany Subsidiary, or (Cc) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, Pledgor or any Subsidiary; or (ii) result in or require the creation of any lienLien, charge or encumbrance upon any assets or properties of Debtor or of any person Pledgor except as may be expressly contemplated in the Loan Obligation Documents. Except as expressly contemplated in the Loan Obligation Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority Governmental Authority, any Subsidiary, or third party is required in connection with the grant by Debtor Pledgor of the security interest herein herein, or the exercise by Secured Party Pledgee of its rights and remedies hereunder.

No Conflicts or Consents. Neither the ownership, the intended use of the Collateral by Debtor, the grant of the security interest by Debtor to Secured Party herein nor the exercise by Secured Party of its rights or remedies hereunder, will (i) conflict with any provision of (A) any domestic or foreign law, statute, rule or regulation, (B) the articles or certificate of incorporation, charter, bylaws, partnership agreement, articles or certificate of organization, or regulations as the case may be, of Debtor, or (C) any agreement, judgment, license, order or permit applicable to or binding upon Debtor, or (ii) result in or require the creation of any lien, charge or encumbrance upon any assets or properties of Debtor or of any person except as may be expressly contemplated in the Loan Documents. Except as expressly contemplated in the Loan Documents, no consent, approval, authorization or order of, and no notice to or filing with, any court, governmental authority or third party is required in connection with the grant by Debtor of the security interest herein or the exercise by Secured Party of its rights and remedies hereunder.. The Frost National Bank 4 Security Agreement Form Rev. June '01 (Revised Article 9 changes)