Common use of No Violations of Law Clause in Contracts

No Violations of Law. No Borrower is in violation of any Applicable Laws in any material respect; no Borrower has failed to obtain any license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its business, and each Borrower has conducted its business and operations in compliance with all Applicable Laws, except for such non-compliance which could not reasonably be expected to have a material adverse effect on such Borrower.

No Violations of Law. No Borrower is in violation of any Applicable Laws in any material respectLaws, except for such violations which could not reasonably be expected to have a Material Adverse Effect; no Borrower has failed to obtain any license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its business, and each Borrower has conducted its business and operations in compliance with all Applicable Laws, except in each case, for such failures or non-compliance compliances which could not reasonably be expected to have a material adverse effect on such BorrowerMaterial Adverse Effect.

No Violations of Law. No Borrower is in violation of any Applicable Laws in any material respect; no Borrower has failed to obtain any license, permit, franchise or other governmental Government authorization necessary to the ownership of its properties or to the conduct of its business, and each Borrower has conducted its business and operations in compliance with all Applicable Laws, except for such non-compliance which could which, considered in the aggregate, would not reasonably be expected to have a material adverse effect on such BorrowerMaterial Adverse Effect.

No Violations of Law. No Borrower is in violation of any Applicable Laws in any material respectLaws; no Borrower none of the Borrowers has failed to obtain any license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its businessbusiness (unless the failure to obtain the same would not have a material adverse effect on the condition (financial or otherwise) or the operations of any Borrower), and each Borrower of the Borrowers has conducted its business and operations in compliance in all material respects with all Applicable Laws, except for such non-compliance which could not reasonably be expected to have a material adverse effect on such Borrower.

No Violations of Law. No Borrower is in violation of any -------------------- Applicable Laws in any material respect; no Borrower has failed to obtain any license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its business, and each Borrower has conducted its business and operations in compliance with all Applicable Laws, except for such non-compliance which could not reasonably be expected to have a Laws in all material adverse effect on such Borrowerrespects.

No Violations of Law. No Borrower is in violation of any Applicable Laws in any material respect; no Borrower has failed to obtain any license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its business, and each Borrower has conducted its business and operations in compliance with all Applicable Laws, except for such non-compliance which could not reasonably be expected to have a Laws in all material adverse effect on such Borrowerrespects.

No Violations of Law. No Borrower is in violation of any Applicable Laws in any material respect; no Borrower has failed to obtain any license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its business, and each Borrower has conducted its business and operations in compliance with all Applicable Laws, except for such non-compliance which could not reasonably be expected to have a material adverse effect on such BorrowerMaterial Adverse Effect.

No Violations of Law. No Borrower is in violation of any Applicable Laws Law in any material respect; no Borrower has failed to obtain any license, permit, franchise or other governmental authorization necessary to the ownership of its properties or to the conduct of its business, and each Borrower has conducted its business and operations in compliance in all material respects with all Applicable Laws, except for such non-compliance which could not reasonably be expected to have a material adverse effect on such Borrower.