Operations in Conformity With Law, etc. The operations of the Business as conducted by the Company and its Subsidiaries are not in violation of any Legal Requirement presently in effect, except for such violations and defaults as do not and will not, in the aggregate, result, or create a material risk of resulting, in any Material Adverse Effect. The Company and its Subsidiaries have not received notice of any such violation or default, and the Company and its Subsidiaries have no knowledge of any reasonable basis on which the operations of the Business as conducted by the Company and its Subsidiaries would reasonably be expected to violate or to give rise to any such violation or default.
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Operations in Conformity With Law, etc. The operations of the Business as conducted by the Company and its Subsidiaries as now conducted are not in violation of of, nor is the Company or its Subsidiaries in default under, any Legal Requirement presently in effect, except for such violations and defaults as do not and will not, in the aggregate, result, or create a material risk of resultingbe likely to result, in any Material Adverse EffectChange. The Company and its Subsidiaries have not has received no notice of any such violation or default, default and the Company and its Subsidiaries have has no knowledge of any reasonable basis on which the operations of the Business Company or its Subsidiaries, as conducted by the Company and its Subsidiaries now conducted, would reasonably be expected held so as to violate or to give rise to any such violation or default.
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