Common use of Compliance with Laws, Regulatory Approvals and Authorizations Clause in Contracts

Compliance with Laws, Regulatory Approvals and Authorizations. All operations of the Issuer, the Subsidiaries, and to the Best of the Issuer’s Knowledge, the JV Entities, in respect of or in connection with the Business Assets have been and continue to be conducted materially in accordance with best industry practices and in material compliance with all applicable Laws. The Issuer, the Subsidiaries and to the Best of the Issuer’s Knowledge, the JV Entities, have obtained and are in material compliance with all Authorizations to permit them to conduct their Business as currently conducted or proposed to be conducted. All of the Authorizations issued to date are valid and in full force and effect and none of the Issuer, the Subsidiaries and to the Best of the Issuer’s Knowledge, the JV Entities, has received any correspondence or notice from any Governmental Authority alleging or asserting material non-compliance with any applicable Laws or Authorizations. Except as has been disclosed to the Agent in writing, none of the Issuer, the Subsidiaries or JV Entities have received any notice of proceedings or actions relating to the revocation, suspension, limitation or modification of any Authorizations or any notice advising of the refusal to grant any Authorization that has been applied for or is in process of being granted and has no knowledge or reason to believe that any such Governmental Authority is considering taking or would have reasonable ground to take any such action.

Compliance with Laws, Regulatory Approvals and Authorizations. All operations of the Issuer, the Subsidiaries, and to the Best each of the Issuer’s Knowledge, Corporation and the JV Entities, Subsidiaries in respect of or in connection with the Business Assets or otherwise have been and continue to be conducted materially in accordance with with, in all material respects, all Applicable Law and best industry practices practices, including all ethical standards applicable to the industries of the Corporation and in material compliance with all applicable Laws. The Issuer, the Subsidiaries and to promulgated by the Best applicable Governmental Entities in Canada and the other jurisdictions in which the Business is carried on. Each of the Issuer’s Knowledge, Corporation and the JV Entities, have Subsidiaries has obtained and are in material compliance with all Authorizations to permit them to conduct their Business as currently conducted or proposed to be conducted. All of the Authorizations issued to date are valid and in full force and effect and none neither of the Issuer, Corporation or the Subsidiaries and to the Best of the Issuer’s Knowledge, the JV Entities, has received any correspondence or notice from any Governmental Authority Entity alleging or asserting material non-compliance with any applicable Applicable Laws or AuthorizationsAuthorizations and the Corporation does not know of any basis or reasonable grounds for any such allegation or assertion. Except as has been disclosed to the Agent in writing, none None of the Issuer, Corporation or any of the Subsidiaries or JV Entities have has received any notice of proceedings or actions relating to the revocation, suspension, limitation or modification of any Authorizations or any notice advising of the refusal to grant any Authorization that has been applied for or is in the process of being granted and has no knowledge or reason to believe that any such Governmental Authority Entity is considering taking or would have reasonable ground to take any such action.