Common use of Powers, xxxxx and consents Clause in Contracts

Powers, xxxxx and consents. 1.1 It is not subject and will not become subject to any other obligation, compliance with which will, or is likely to, have a Material Adverse Effect. 1.2 So far as it is aware, it is not in breach of or in default under any agreement to which it is a party or which is binding on it or any of its assets which has or could have a Material Adverse Effect. 1.3 To the be st of its knowledge, no claim is presently being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge, pending or threatened against it or any of its assets which will or might have a Material Adverse Effect. 1.4 It has not committed any Prohibited Act.

Powers, xxxxx and consents. 1.1 It is not subject and will not become subject to any other obligation, compliance with which will, or is likely to, have a Material Adverse Effect. 1.2 So far as it is aware, it is not in breach of or in default under any agreement to which it is a party or which is binding on it or any of its assets which has or could have a Material Adverse Effect. 1.3 To the be st best of its knowledge, no claim is presently being asserted and no litigation, arbitration or administrative proceeding is presently in progress or, to the best of its knowledge, pending or threatened against it or any of its assets which will or might have a Material Adverse Effect. 1.4 It has not committed any Prohibited Act.