Common use of Non-Contravention; Approvals; Litigation; Bankruptcy Clause in Contracts

Non-Contravention; Approvals; Litigation; Bankruptcy. The execution, delivery and performance by RIRRC of this Agreement (a) do not and will not, with or without the giving of notice or the lapse of time, or both, violate, conflict with, or result in the breach of any covenant, agreement or understanding to which RIRRC is a party, (b) do not and will not violate any statute, regulation, administrative order, judgment or decree binding upon RIRRC, and (c) do not require that RIRRC obtain the consent or approval of any Governmental Body or any third party, other than consents and approvals that have been obtained or that are not yet required. RIRRC is not subject to any outstanding order, ruling, decree, judgment or stipulation that would have a Material Adverse Effect on the ability of RIRRC to enter into this Agreement or the Purchase and Sale Agreement or to perform its obligations hereunder or thereunder. RIRRC is not subject to any pending or, to its knowledge, threatened litigation, which if adversely determined could have a Material Adverse Effect on RIRRC’s ability to execute, deliver and perform its obligations under this Agreement or the Purchase and Sale Agreement, or that seeks to enjoin the consummation of the transactions contemplated by this Agreement or the Purchase and Sale Agreement. No bankruptcy, insolvency, reorganization, receivership or other arrangement proceedings are pending against or being contemplated by RIRRC and, to its knowledge, no such proceedings have been threatened against it.

Non-Contravention; Approvals; Litigation; Bankruptcy. The execution, delivery and performance by RIRRC of this Agreement by RIRRC (a) do does not and will not, with or without the giving of notice or the lapse of time, or both, violate, conflict with, or result in the breach of any covenant, agreement or understanding to which RIRRC is a party, (b) do does not and will not violate any statute, regulation, administrative order, judgment or decree binding upon RIRRC, and (c) do does not require that RIRRC obtain the consent or approval Approval of any Governmental Body or any third party, other than consents and approvals Approvals that have been obtained or that are not yet requiredobtained. RIRRC is not subject to any outstanding order, ruling, decree, judgment or stipulation that would have a Material Adverse Effect on the ability of RIRRC to enter into this Agreement or the Purchase and Sale Agreement or to perform its obligations hereunder or thereunderunder this Agreement. RIRRC is not subject to any pending or, to its knowledge, threatened litigation, which if adversely determined could have a Material Adverse Effect on RIRRC’s ability to execute, deliver and perform its obligations under this Agreement or the Purchase and Sale Agreement, or that seeks to enjoin the consummation of the transactions contemplated by this Agreement or the Purchase and Sale Agreement. No bankruptcy, insolvency, reorganization, receivership or other arrangement proceedings are pending against or being contemplated by RIRRC and, to its knowledge, no such proceedings have been threatened against it.

Non-Contravention; Approvals; Litigation; Bankruptcy. The execution, delivery and performance by RIRRC of this Agreement by RILG (a) do does not and will not, with or without the giving of notice or the lapse of time, or both, violate, conflict with, or result in the breach of any covenant, agreement or understanding to which RIRRC RILG is a party, (b) do does not and will not violate any statute, regulation, administrative order, judgment or decree binding upon RIRRCRILG, and (c) do does not require that RIRRC RILG obtain the consent or approval Approval of any Governmental Body or any third party, other than consents and approvals Approvals that have been obtained or that are not yet required. RIRRC RILG is not subject to any outstanding order, ruling, decree, judgment or stipulation that would have a Material Adverse Effect on the ability of RIRRC RILG to enter into this Agreement or the Purchase and Sale Agreement or to perform its obligations hereunder or thereunderunder this Agreement. RIRRC RILG is not subject to any pending or, to its knowledge, threatened litigation, which if adversely determined could have a Material Adverse Effect on RIRRCRILG’s ability to execute, deliver and perform its obligations under this Agreement or the Purchase and Sale Agreement, or that seeks to enjoin the consummation of the transactions contemplated by this Agreement or the Purchase and Sale Agreement. No bankruptcy, insolvency, reorganization, receivership or other arrangement proceedings are pending against or being contemplated by RIRRC RILG and, to its knowledge, no such proceedings have been threatened against it.