Common use of Compliance with Laws and Contracts Clause in Contracts

Compliance with Laws and Contracts. Such Borrower and its Subsidiaries have complied in all material respects with all applicable laws, statutes, rules, regulations, orders and restrictions of any Governmental Authority, self-regulatory organization or securities exchange having jurisdiction over the conduct of their respective businesses or the ownership of their respective properties (including, without limitation the Exchange Act, the Advisers Act, the Investment Company Act and the applicable rules and regulations of the SEC, NASD, NYSE, MSRB and CFTC), except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Neither the execution and delivery by such Borrower of the Loan Documents, the application of the proceeds of its Loans, the consummation of any transaction contemplated by the Loan Documents, nor compliance with the provisions of the Loan Documents will, or at the relevant time did, (a) violate any law, rule, regulation (including Regulations T, U and X), order, writ, judgment, injunction, decree or award binding on such Borrower or any Subsidiary thereof or such Borrower's or any such Subsidiary's charter, articles or certificate of incorporation or by-laws, (b) violate the provisions of or require the approval or consent of any party to any indenture, instrument or agreement to which such Borrower or any such Subsidiary is a party or is subject, or by which it, or its property, is bound or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien (other than Liens permitted by Section 6.17) in, of or on the property of such Borrower or any such Subsidiary pursuant to the terms of any such indenture, instrument or agreement, or (c) require the consent or approval of any Person, except for any violation of, or failure to obtain an approval or consent required under, any such indenture, instrument or agreement that could not have a Material Adverse Effect.

Compliance with Laws and Contracts. Such Borrower The undersigned and its Subsidiaries have complied in all material respects with all applicable laws, statutes, rules, regulations, orders and restrictions of any Governmental Authoritydomestic or foreign government, self-regulatory organization or securities exchange any instrumentality or agency thereof, having jurisdiction over the conduct of their respective businesses or the ownership of their respective properties (including, without limitation the Exchange Act, the Advisers Act, the Investment Company Act and the applicable rules and regulations of the SEC, NASD, NYSE, MSRB and CFTC)properties, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Neither None of the execution execution, delivery and delivery performance by such Borrower the undersigned of the Loan Documents, the application of the proceeds of its Loans, the consummation of any transaction contemplated by the Loan Documents, nor Documents to which it is a party or compliance with the provisions of the Loan Documents will, or at the relevant time did, (a) violate any law, rule, regulation (including Regulations T, U and X)regulation, order, writ, judgment, injunction, decree or award binding on such Borrower the undersigned or any Subsidiary thereof or such Borrower's the undersigned’s or any such Subsidiary's charter, articles or certificate of incorporation or by-laws’s Organization Documents, (b) violate the provisions of or require the approval or consent of any party to any indenture, instrument or agreement to which such Borrower the undersigned or any such Subsidiary is a party or is subject, or by which it, or its property, is bound bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien (other than Liens permitted by Section 6.17the Loan Documents) in, of or on the property of such Borrower the undersigned or any such Subsidiary pursuant to the terms of any such indenture, instrument or agreement, or (c) require any consent of the consent or approval stockholders of any PersonPerson (other than to the extent obtained and in full force and effect), in each case, except for any violation of, or failure to obtain an approval or consent required under, any such indenture, instrument or agreement that could not reasonably be expected to have a Material Adverse Effect.

Compliance with Laws and Contracts. Such Neither the Borrower and its Subsidiaries have complied nor any Subsidiary is in all material respects with all applicable laws, statutes, rules, regulations, orders and restrictions default under or in violation of any Governmental Authorityforeign, self-regulatory organization federal, state or securities exchange having jurisdiction over local law, rule, regulation, order, writ, judgment, injunction, decree or award binding upon or applicable to the conduct Borrower or such Subsidiary, in each case the consequence of their respective businesses which default or the ownership of their respective properties (including, without limitation the Exchange Act, the Advisers Act, the Investment Company Act and the applicable rules and regulations of the SEC, NASD, NYSE, MSRB and CFTC), except where the failure to so comply violation could not reasonably be expected to have a Material Adverse Effect. Neither None of the execution and delivery by such the Borrower of the Loan Documentsthis Agreement, the application of the proceeds of its the Loans, the consummation of any transaction contemplated by the Loan Documents, nor or compliance with the provisions of the Loan Documents this Agreement will, or at the relevant time did, (a) violate any law, rule, regulation (including Regulations T, U and XX of the Board), order, writ, judgment, injunction, decree or award binding on such the Borrower or any Subsidiary thereof or such the Borrower's or any such Subsidiary's charter, articles or certificate of incorporation or incorporation, by-lawslaws or code of regulations, (b) violate the provisions of or require the approval or consent of any party to any indenture, instrument or agreement to which such the Borrower or any such Subsidiary is a party or is subject, or by which it, or its propertyProperty, is bound bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien (other than Liens permitted by Section 6.17Permitted Liens) in, of or on the property Property of such the Borrower or any such Subsidiary pursuant to the terms of any such indenture, instrument or agreement, or (c) require the consent or approval of any Person, except for any violation of, or failure to obtain an approval or consent required under, any such indenture, instrument or agreement that could not reasonably be expected to have a Material Adverse Effect.

Compliance with Laws and Contracts. Such Neither the Borrower and its Subsidiaries have complied nor any Subsidiary is in all material respects with all applicable laws, statutes, rules, regulations, orders and restrictions default under or in violation of any Governmental Authorityforeign, self-regulatory organization federal, state or securities exchange having jurisdiction over local law, rule, regulation, order, writ, judgment, injunction, decree or award binding upon or applicable to the conduct Borrower or such Subsidiary, in each case the consequence of their respective businesses which default or the ownership of their respective properties (including, without limitation the Exchange Act, the Advisers Act, the Investment Company Act and the applicable rules and regulations of the SEC, NASD, NYSE, MSRB and CFTC), except where the failure to so comply violation could not reasonably be expected to have a Material Adverse Effect. Neither None of the execution and delivery by such the Borrower of the Loan Documentsthis Agreement, the application of the proceeds of its the Loans, the consummation of any transaction contemplated by the Loan Documents, nor or compliance with the provisions of the Loan Documents this Agreement will, or at the relevant time did, (a) violate any law, rule, regulation (including Regulations T, U and XX of the Board), order, writ, judgment, injunction, decree or award binding on such the Borrower or any Subsidiary thereof or such the Borrower's ’s or any such Subsidiary's ’s charter, articles or certificate of incorporation or incorporation, by-lawslaws or code of regulations, (b) violate the provisions of or require the approval or consent of any party to any indenture, instrument or agreement to which such the Borrower or any such Subsidiary is a party or is subject, or by which it, or its propertyProperty, is bound bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien (other than Liens permitted by Section 6.17Permitted Liens) in, of or on the property Property of such the Borrower or any such Subsidiary pursuant to the terms of any such indenture, instrument or agreement, or (c) require the consent or approval of any Person, except for any violation of, or failure to obtain an approval or consent required under, any such indenture, instrument or agreement that could not reasonably be expected to have a Material Adverse Effect.

Compliance with Laws and Contracts. Such Borrower Neither Borrower, and its Subsidiaries have complied ---------------------------------- no Subsidiary, is in all material respects with all applicable laws, statutes, rules, regulations, orders and restrictions default under or in violation of any Governmental Authorityforeign, self-regulatory organization federal, state or securities exchange having jurisdiction over local law, rule, regulation, order, writ, judgment, injunction, decree or award binding upon or applicable to such Borrower or such Subsidiary, in each case the conduct consequence of their respective businesses which default or the ownership of their respective properties (including, without limitation the Exchange Act, the Advisers Act, the Investment Company Act and the applicable rules and regulations of the SEC, NASD, NYSE, MSRB and CFTC), except where the failure to so comply violation could not reasonably be expected to have a Material Adverse Effect. Neither None of the execution and delivery by such either Borrower of the Loan Documentsthis Agreement, the application of the proceeds of its the Loans, the consummation of any transaction contemplated by the Loan Documents, nor or compliance with the provisions of the Loan Documents this Agreement will, or at the relevant time did, (a) violate any law, rule, regulation (including Regulations T, U and XX of the Board), order, writ, judgment, injunction, decree or award binding on such either Borrower or any Subsidiary thereof or such either Borrower's or any such Subsidiary's charter, articles or certificate of incorporation or incorporation, by-lawslaws or code of regulations, (b) violate the provisions of or require the approval or consent of any party to any indenture, instrument or agreement to which such either Borrower or any such Subsidiary is a party or is subject, or by which it, or its propertyProperty, is bound bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien (other than Liens permitted by Section 6.17Permitted Liens) in, of or on the property Property of such a Borrower or any such Subsidiary pursuant to the terms of any such indenture, instrument or agreement, or (c) require the consent or approval of any Person, except for any violation of, or failure to obtain an approval or consent required under, any such indenture, instrument or agreement that could not reasonably be expected to have a Material Adverse Effect.

Compliance with Laws and Contracts. Such Borrower Each Loan Party and its Subsidiaries have complied in all material respects with all applicable laws, statutes, rules, regulations, orders and restrictions of any Governmental Authoritydomestic or foreign government, self-regulatory organization or securities exchange any instrumentality or agency thereof, having jurisdiction over the conduct of their respective businesses or the ownership of their respective properties (including, without limitation the Exchange Act, the Advisers Act, the Investment Company Act and the applicable rules and regulations of the SEC, NASD, NYSE, MSRB and CFTC)properties, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Neither None of the execution execution, delivery and delivery performance by such Borrower any Loan Party of the Loan DocumentsDocuments to which it is a party, the application of the proceeds of its the Loans, the consummation of any transaction contemplated by the Loan Documents, nor or compliance with the provisions of the Loan Documents will, or at the relevant time did, (a) violate any law, rule, regulation (including Regulations T, U and XRegulation U), order, writ, judgment, injunction, decree or award binding on such Borrower Loan Party or any Subsidiary thereof or such Borrower's Loan Party’s or any such Subsidiary's charter, articles or certificate of incorporation or by-laws’s Organization Documents, (b) violate the provisions of or require the approval or consent of any party to any indenture, instrument or agreement to which such Borrower Loan Party or any such Subsidiary is a party or is subject, or by which it, or its property, is bound bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien (other than Liens permitted by Section 6.17the Loan Documents) in, of or on the property of such Borrower Loan Party or any such Subsidiary pursuant to the terms of any such indenture, instrument or agreement, or (c) require any consent of the consent or approval stockholders of any PersonPerson (other than to the extent obtained and in full force and effect), in each case, except for any violation of, or failure to obtain an approval or consent required under, any such indenture, instrument or agreement that could not reasonably be expected to have a Material Adverse Effect.

Compliance with Laws and Contracts. Such The Borrower and its Subsidiaries have complied in all material respects with all applicable laws, statutes, and rules, regulations, orders and restrictions of any Governmental Authority, self-regulatory organization or securities exchange having jurisdiction over the conduct of their respective businesses or the ownership of their respective properties (including, without limitation limitation, the Exchange Act, the Advisers Act, the Investment Company Act and the applicable rules and regulations of the SEC, NASD, NYSE, MSRB and CFTC), except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect. Neither the execution and delivery by such the Borrower of the Loan Documents, the application of the proceeds of its the Loans, the consummation of any transaction contemplated by the Loan Documents, nor compliance with the provisions of the Loan Documents will, or at the relevant time did, (a) violate any law, rule, regulation (including Regulations G, T, U and X), order, writ, judgment, injunction, decree or award binding on such the Borrower or any Subsidiary thereof or such the Borrower's or any such Subsidiary's charter, articles or certificate of incorporation or by-laws, (b) violate the provisions of or require the approval or consent of any party to any indenture, instrument or agreement to which such the Borrower or any such Subsidiary is a party or is subject, or by which it, or its property, is bound bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien (other than Liens permitted by Section 6.17) in, of or on the property of such the Borrower or any such Subsidiary pursuant to the terms of any such indenture, instrument or agreement, or (c) require the consent or approval of any Person, except for any violation of, or failure to obtain an approval or consent required under, any such indenture, instrument or agreement that could not have a Material Adverse Effect.obtain