Common use of Compliance with Laws, Other Instruments Clause in Contracts

Compliance with Laws, Other Instruments. To its knowledge, the Company is not in violation of or in default under any provision of its Articles or Bylaws, each as in effect on and as of the date of this Agreement. To the Company's knowledge, the Company is not in violation of any provision of any statute, law, rule or regulation. The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby and thereby will not result in any such default or violation, or conflict with or constitute, with or without the passage of time or the giving of notice or both, such a default or violation under (a) the Company's Articles or Bylaws, (b) any Contract, or (c) any statutes, laws, rules or regulations applicable to the Company, other than those defaults, violations or conflicts which, if adversely determined, could not reasonably be expected to have a Material Adverse Effect.

Compliance with Laws, Other Instruments. To its knowledge, the Company is not in violation of or in default under any provision of its Articles or Bylaws, each as in effect on and as of the date of this Agreementhereof. To the Company's knowledge, the Company is not in violation of any provision of any statute, law, rule or regulation. The execution, delivery and performance of this Agreement and the Investor Rights Agreement by the Company and the consummation of the transactions contemplated hereby and thereby will not result in any such default or violation, or conflict with or constitute, with or without the passage of time or the giving of notice or both, such a default or violation under (a) the Company's Articles or Bylaws, (b) any Contract, or (c) any statutes, laws, rules or regulations applicable to the Company, other than than, with respect to Section 4.10(c), those defaults, violations or conflicts which, if adversely determined, could not reasonably be expected to have a Material Adverse Effect.

Compliance with Laws, Other Instruments. To its knowledge, the Company is not in violation of or in default under any provision of its Articles or Bylaws, each as in effect on and as of the date of this Agreement. To the Company's knowledge, the Company is not in violation of any provision of any statute, law, rule or regulation. The execution, delivery and performance of this Agreement and the Lock-Up Agreements by the Company and the consummation of the transactions contemplated hereby and thereby will not result in any such default or violation, or conflict with or constitute, with or without the passage of time or the giving of notice or both, such a default or violation under (a) the Company's Articles or Bylaws, (b) any Contract, or (c) any statutes, laws, rules or regulations applicable to the Company, other than those defaults, violations or conflicts which, if adversely determined, could not reasonably be expected to have a Material Adverse Effect.