Common use of No Violation; Compliance Clause in Contracts

No Violation; Compliance. (a) The Company is not in violation of ------------------------ its Certificate of Incorporation or Bylaws. The Company is not in default or breach with respect to any agreement or instrument to which it is a party or by which it or any of its properties is subject, or, to the best of the Company's knowledge, any statute or any order, rule, regulation, judgment or decree of any court or governmental agency or body having jurisdiction over the Company or any of its properties except as may be properly described in Schedule 3.7 annexed hereto or in the SEC Reports or such as in the aggregate do not now have and could not in the future have a material adverse effect upon the financial position, results of operations, properties, business or prospects of the Company; nor is the Company required to take any action in order to avoid any such breach or default.

No Violation; Compliance. (a) The Company is not in violation of ------------------------ its Certificate of Incorporation or Bylaws. The Company is not in default or breach breach, or upon the passage of time or the giving of notice or both would not be in default or breach, with respect to any material agreement or instrument to which it the Company is a party or by which it or any of its properties is subject, or, to the best of the Company's knowledge, or any statute or any order, rule, regulation, judgment or decree of any court or governmental agency or body having jurisdiction over the Company or any of its properties except as may be properly described in Schedule 3.7 annexed hereto or in the SEC Reports Disclosure Statement or such as in the aggregate do not now have and could not in the future have a material adverse effect upon the financial position, results of operations, properties, business or prospects of the Company; nor is the Company required to take any action in order to avoid any such breach or default.

No Violation; Compliance. (a) The Company is not in violation of ------------------------ its Certificate of Incorporation or Bylaws. The Company is not in default or breach with respect to any agreement or instrument to which it is a party or by which it or any of its properties is subject, or, to the best of the Company's knowledge, any statute or any order, rule, regulation, judgment or decree of any court or governmental agency or body having jurisdiction over the Company or any of its properties except as may be properly described in Schedule 3.7 annexed hereto or in the SEC Reports or such as in the aggregate do not now have and could not in the future have a material adverse effect upon the financial position, results of operations, properties, business or prospects of the Company; nor is the Company required to take any action in order to avoid any such breach or default.