Common use of No Violation of Applicable Law Clause in Contracts

No Violation of Applicable Law. To the best of its knowledge, information and belief, Borrower has not violated and is not violating any applicable statute, regulation or ordinance of the United States of America or any foreign country, or of any state, municipality or any other jurisdiction, or of any agency thereof in any respect materially adversely affecting its business, property, assets, operations or condition, financial or otherwise. To the best of its knowledge, information and belief, Borrower is in compliance with all statutes, rules, and regulations relating to environmental standards and controls in all jurisdictions where it is presently doing business.

No Violation of Applicable Law. To the best of its knowledge, information and belief, The Borrower has not violated and is not violating any applicable statute, regulation or ordinance of the United States of America or any foreign country, or of any state, municipality or any other jurisdiction, or of any agency thereof in any respect materially adversely affecting its businessthereof, propertywhich violation has or is likely to have a material adverse effect on the financial condition, assets, business operations or condition, financial properties of the Borrower taken as a whole or otherwise. To materially impair the best of Borrower's ability to fulfill its knowledge, information and belief, Borrower is in compliance with all statutes, rules, and regulations relating to environmental standards and controls in all jurisdictions where it is presently doing businessobligations under the Loan Documents.