No Violation of Agreements. The consummation of the transactions contemplated by this Contract and the fulfillment of the terms hereof will not conflict with, or result in a breach of any of the terms and provisions of, or constitute a default under any indenture, mortgage, deed of trust, lease, loan agreement, security agreement, contract or other agreement or instrument to which the Department is a party or by which its properties are bound, or any order, rule or regulation of any court or any regulatory body, administrative agency or other governmental body applicable to the Department or any of its properties, except any such conflict, breach or default which would not materially and adversely affect the Department’s ability to perform its obligations under this Contract.
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No Violation of Agreements. The consummation of the transactions contemplated by this Contract and the fulfillment of the terms hereof will shall not conflict with, or result in a breach of any of the terms and provisions of, or constitute a default under any indenture, mortgage, deed of trust, lease, loan agreement, security agreement, contract contract, or other agreement or instrument to which the Department is a party or by which its properties are bound, or any order, rule rule, or regulation of any court or any regulatory body, administrative agency agency, or other governmental body applicable to the Department or any of its properties, except any such conflict, breach or default which would not materially and adversely affect the Department’s 's ability to perform its obligations under this Contract.
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