Common use of Conflicts, etc Clause in Contracts

Conflicts, etc. Neither the execution or delivery by any Domestic Credit Party of the Credit Agreement, nor its performance of its obligations thereunder or its compliance with any of the terms and provisions thereof, nor the consummation of the transactions contemplated therein, will (a) to the best of my knowledge violate any of the provisions of any applicable order, judgment or decree of any court, arbitrator or governmental authority of the United States of America, of any state or of any governmental or regulatory body of any thereof, the consequences of which contravention would have a Material Adverse Effect, or (b) to the best of my knowledge violate any of the provisions of, or constitute a default under, or result in the creation of any Lien upon any of its assets pursuant to the terms of (i) any material indenture, material mortgage or other instrument relating to indebtedness for money borrowed to which it is a party or (ii) any other material contract to which it is a party.